DUBLIN, Mar 02, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "EV Batteries and Materials: Technology, Trends, and Market Forecasts" report to their offering.
With more automakers aiming to market cheaper, longer-range plug-in cars, demand for lithium-ion automotive batteries is expected rise sharply in 2017.
The key to the market growth is the use of battery packs that are in some cases two to three times bigger than those employed in electric cars just five years ago. By incorporating bigger batteries, the new vehicles will offer greater all-electric ranges.
Unfortunately, high costs of lithium-ion battery cells have been one of the main hindrances to large-scale electric-car adoption, as they typically lead to higher purchase prices for electric cars than comparable internal-combustion models.
Because of improved chemistry, manufacturing processes and economies of scale, average electric-car battery costs continue to decline.
Battery pack prices are expected to halve to $215 per kilowatt hour by 2020 from $400/kWh now. Due to the rapid decline in this cost Exane BNP Paribas predicted that by 2025 automakers will generate bigger profit margins from EVs than from cars with internal combustion engines. As EV growth escalates, the industry would need a global battery production capacity of 600 gigawatt hours, enough to build 8.6 million cars with an average battery size of 70kWh.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 EV and EV Battery Market Outlook
Chapter 3 Cathode Material Analysis
Chapter 4 Anode, Electrolyte, And Separator Material Analysis
Chapter 5 Supplier Profiles and Strategies
Chapter 6 Battery Supplier Profiles and Strategies
- Aekyung Chemical
- Beijing National Battery Technology
- CITIC Guo'An Mengguli (MGL)
- Henan Xintaihang
- Highstar Battery
- Hitachi Chemical
- Huanyu New Energy Technology Co., Ltd.
- Plylion Battery Co., Ltd.
- Pulead Technology Industry
- SK Innovation
- Samsung SDI
- Sumitomo Metal Mining
- Supreme Power Systems Co., Ltd.
- Suzhou Youlion Battery Inc.
- Tianjin EV Energies Co., Ltd. (JEVE)
- Tianjin Lishen Battery Joint-Stock Co., Ltd.
- Tianneng Power
- Toray Battery
- Zhongdao Energy Co., Ltd.
- Zhuhai Smoothway Electronic Materials
- Zhuhai Yinlong New Energy Co., Ltd.
- Zhuoneng New Energy
- Zibo Guoli
For more information about this report visit http://www.researchandmarkets.com/research/33ssxz/ev_batteries_and
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-ev-batteries-and-materials-technology-trends-and-market-forecasts-report-2017-2020-longer-range-plug-in-cars-demand-for-lithium-ion-automotive-batteries-is-expected-to-rise-sharply---research-and-markets-300416818.html
SOURCE Research and Markets