28 Mar '12, 12am

Report: Lithium-ion battery cost falls not enough: Lithium-ion battery costs are almost certainly going to fall

Lithium-ion battery costs are almost certainly going to fall as large scale production begins – but it is unlikely that the drop in price will be enough to reach the mass market. According to a new report from Lux Research, the cost of a lithium-ion battery pack (pictured) will slip to $397/kWh in 2020 – well short of the $150/kWh target set by the US Advanced Battery Consortium. According to Kevin See, a research analyst for Lux, vehicle applications will demand a new scale of size and performance and lithium-ion batteries provide the power and energy performance needed. However, several innovations will be needed to drive down costs and spur a growth in sales. Among the areas of improvement highlighted were: - Materials improvement and scale will be insufficient to reduce costs. - Cathodes should be the biggest target area as cathode capacity and voltage improvement will...

Full article: http://www.thegreencarwebsite.co.uk/blog/index.php/2012/0...

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