Le Lézard
Classified in: Covid-19 virus

World Electric Vehicles (EV) Batteries and Materials Technology, Trends, and Market Forecasts 2020-2025 - ResearchAndMarkets.com


The "EV Batteries and Materials: Technology, Trends, and Market Forecasts" report from The Information Network has been added to ResearchAndMarkets.com's offering.

Although global economic uncertainties have mounted amid the COVID-19 outbreak, we expect structural EV demand growth to remain intact. In the short term, demand for EVs will likely grow more rapidly than demand for conventional vehicles. Furthermore, major automakers, including Volkswagen, are unlikely to change their EV strategies.

In 2020-2021, we believe global EV demand will primarily come from Europe, where new EV model launches should expand despite uncertainties over the easing of environmental regulations. In the US, growth is likely to be driven by Tesla.

China should also exhibit robust demand, supported by the extension of subsidies. In particular, as Tesla gains a bigger foothold in the country, global and local automakers will likely take more aggressive action. Through this process, we believe China will transition from a subsidy-driven to a private demand-driven EV market.

In the short term, we think the gap in EV competitiveness among automakers will widen amid the economic slowdown. EV competitiveness comes mainly from the adoption of a dedicated platform, economies of scale, and improved management in batteries. As such, we believe capital power and investments will likely grow in importance.

In 2022-23, we expect battery prices to decline. For its Chinese models, Tesla plans to adopt cell-to-pack battery technology with lithium iron phosphate (LFP) cathodes. LFP batteries have lower energy density than nickel manganese cobalt (NCM) batteries, but are also 20% cheaper.

Meanwhile, LG Chem plans to adopt nickel, cobalt, manganese, and aluminum (NCMA) cathodes (more than 80% nickel content) from 2022-23 and apply long cell technology to increase battery energy density by at least 20%. Samsung SDI is working on improving energy density more than 20% by applying lithium nickel cobalt aluminum oxide (NCA) cathodes to its prismatic batteries. Thanks to these efforts, battery cell costs are anticipated to fall from US$130/kWh currently to around US$100/kWh in 2022-23.

In addition to lower battery costs, overall EV production costs are also likely to fall sharply, aided by fixed cost savings from scale effects. Volkswagen is believed to have invested heavily in developing its EV platform, the modular electric drive matrix (MEB), but the development cost per unit is projected to decline significantly as production volume ramps up.

Assuming platform development costs at W2tr, the cost per unit should fall sharply as Volkswagen's EV sales volume grows (from an estimated 400,000-500,000 units globally in 2020 to 1.5mn units in 2023 and 3mn units in 2025). Assembly line productivity is also likely to improve 30% through the EV platform, leading to significant fixed cost savings per unit. Thus, by 2023, we believe EVs could approach price parity with gas-powered vehicles, even without fuel cost savings effects.

With more automakers aiming to market cheaper, longer-range plug-in cars, demand for lithium-ion automotive batteries is expected rise. This report analyzes the markets for electric vehicles and EV batteries by type and geographic region. Other sectors analyzed are anode and cathode materials, and separators. Supply/demand of raw materials including lithium, cobalt, and nickel are detailed and forecast.

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Global EV and EV Battery Market Outlook

2.1 EV Market

2.2 EV Batteries

2.2.1 EV Battery Market Forecast

2.2.2 EV Battery Energy Density

2.2.3 EV Battery Cell Price

2.2.4 EV Battery Market Share

2.2.5 Rise of China

2.2.5.1 Aggressive EV Battery Expansion

2.2.5.2 Chinese Battery Technology

2.2.6 Future Batteries

2.2.6.1 Lithium-air (Li-air)

2.2.6.2 Lithium-metal (Li-metal)

2.2.6.3 Solid-State Lithium

2.2.6.4 Lithium-sulfur (Li-S)

2.2.6.5 Sodium-ion (Na-ion)

Chapter 3 Chinese EV and EV Battery Market Outlook

3.1 China EV Market

3.2 China EV Batteries

3.2.1 China EV Battery Market Forecast

3.2.2 Rise of China

3.2.2.1 Aggressive EV Battery Expansion

3.2.2.2 Chinese Battery Technology

3.2.2.3 EV Battery Overcapacity

Chapter 4 Cathode Material Analysis

4.1 Introduction

4.1.1 Cathode Material Costs

4.1.2 Cathode Materials And Battery Types

4.1.2.1 LCO (Lithium Cobalt Oxide) Cathodes

4.1.2.2 NCM (Nickel Cobalt Manganese) Cathodes

4.1.2.3 LMO (Lithium Manganese Oxide) Cathodes

4.1.2.4 LFP (Lithium Iron Phosphate) Cathodes

4.1.2.5 NCA (Nickel Cobalt Aluminum) Cathodes

4.2 Lithium

4.2.1 Lithium Prices

4.2.2 Lithium Supply/Demand

4.2.3 Top Lithium-Producing Countries

4.2.4 Top Lithium-Producing Producers

4.3 Cobalt

4.3.1 Cobalt Prices

4.3.2 Cobalt Supply/Demand

4.3.3 Top Cobalt-Producing Countries

4.3.4 Top Cobalt-Producing Producers

4.4 Nickel/Manganese

Chapter 5 Global Anode, Electrolyte, And Separator Material Analysis

5.1 Overview

5.2 Global Anode Market

5.3 Global Separator (Membrane) Market

5.4 Global Electrolytes Market

Chapter 6 China Anode, Electrolyte, And Separator Material Analysis

6.1 Overview

6.2 China Anode Market

6.3 China Separator (Membrane) Market

6.4 China Electrolytes Market

Chapter 7 Supplier Profiles and Strategies

Chapter 8 Battery Company Profiles and Strategies

For more information about this report visit https://www.researchandmarkets.com/r/gflh43

Source: The Information Network


These press releases may also interest you

at 03:26
E-waste Disposal Market to Reach $198.5 billion, Globally, by 2032 at 13.6% CAGR: Allied Market Research
Allied Market Research published a report, titled, "E-waste Disposal Market by Material (Metal, Plastic, Glass,...

at 02:08
Interim report January-March 2024: Medicover
Revenue amounted to ?498.8m (?419.3m), an increase of 18.9% with an organic growth of 14.2%.Operating profit (EBIT) was ?19.0m (?10.7m), an increase of 78.0%, representing an operating margin of 3.8% (2.6%).Net profit amounted to ?6.5m (?2.1m), which...

at 02:00
Gogoro and Nebula Energy Launch Battery Swapping Ecosystem and Gogoro CrossOver Smartscooter in Nepal
Nebula Energy and Gogoro Inc , a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities,...

25 avr 2024
Ankur Daga, CEO of Angara, Wins Gold Stevie(R) Award for Best Entrepreneur - Retail in 2024 American Business Awards(R)
Ankur Daga, CEO of Angara, a leading online DTC fine jewelry retail brand, has been named the winner of a Gold Stevie® Award in the Best Entrepreneur - Retail category in the 22nd Annual American Business Awards®. Ankur Daga Wins Gold...

25 avr 2024
Identity Governance & Administration Market Projected to Reach $24.42 billion by 2030 - Exclusive Report by 360iResearch
The report titled "Identity Governance & Administration Market by Component (Services, Solution), Modules (Access Certification & Compliance Control, Access Management, Identity Lifecycle Management), Organization Size, Deployment, Vertical - Global...

25 avr 2024
ROSEN, A RANKED AND LEADING FIRM, Encourages QuidelOrtho Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - QDEL
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of QuidelOrtho Corporation between February 18, 2022 and April 1, 2024, both dates inclusive (the "Class Period") of the important June 11, 2024 lead...

More news about Covid-19 virus...


News published on and distributed by: