Battery Show ’16: Six things we learnt
Published: Tuesday, 27 September 2016
Here are six things we learnt at the Battery Show 2016 Conference, held on 13-15 September in Novi, Michigan, US.
1. Rising lithium prices do not threaten battery
The fact that lithium prices are increasing does not represent a
threat to growth in the lithium-ion (Li-ion) battery
market, given the small proportion of the overall battery cost
(3.5%) lithium accounts for, among other reasons.
2. EVs are here to stay; set to drive lithium
In 8-10 years there should be cost parity between electric
vehicles (EVs) and the internal combustion engine (ICE). By
2030, demand for lithium from EVs alone would equate to 296% of
all lithium produced today, according to Claire Curry of
Bloomberg New Energy Finance.
3. China remains key in EV game
By far the largest EV market, Chinese demand is set to be
driven in particular by on demand movement fleet
sales in the coming years.
4. Efforts need to be made to standardise electric
Voltage requirements anywhere between 200V and 1,500V need
to be catered for in charging stations for electric buses,
leading to a push for regional
standardisation of equipment in the US, Europe and
5. Adoption of solid state lithium batteries in the
medium term is possible
Researchers suggested that solid state batteries, which make
use of lithium metal as opposed to graphite in the anode, may
become a commercial reality in the next five
6. Flow batteries may have a significant role to
play in energy storage
If chemistries can be refined and costs
brought down, vanadium redox flow
batteries would be preferable to Li-ion in large scale
energy storage projects.