Europe’s Growing Battery Manufacturing Market: Focus on Local Opportunities

Posted on July 22, 2019July 25, 2019 by Louis Brasington

From an outsider's perspective, regional consolidation of the battery manufacturing market looks fairly resolved. Over 70% of the 1,000 GWh of planned capacity (by 2023) is centered in China. Increasingly frequent announcements of new manufacturing plants from players such as Great Wall Motors/SVolt, Sunwoda, and EVE Energy illustrates the pace at which the market can grow in China. A European Problem Needs a Local Solution In Europe, current battery cell manufacturing is less than 3% of the global share, and... Read More »

EV Charging: Software and Grid Services

Posted on July 15, 2019September 12, 2019 by Cassidy Shell

Vehicle-to-grid, or V2G, is becoming a buzzword in the electric vehicle (EV) charging industry with 50 V2G projects around the world trying to figure out how to make it work for all participants - EV owners, utilities, auto OEMs and EV charging developers. V2G technology involves communication between EV chargers and the power grid to delay charging and/or dispatch stored electricity back to the grid, providing demand response and frequency regulation services. This effectively turns EV batteries into an energy... Read More »

Battery Management Systems Remain Crucial in the Energy Storage Revolution

Posted on May 29, 2019August 1, 2019 by Louis Brasington

A key element in the quest for improved performance of batteries is the battery management system (BMS). BMS is the software layer that is responsible for the balancing of cells, protecting batteries from damage and sub-optimal operation. These are applicable to fixed energy storage as well as Electric Vehicle (EV) markets. Growing in parallel with the battery market, the BMS market now sits at $3.2 billion, with a CAGR of 21%, driven largely by the increased volumes of EVs and... Read More »

Battery Technology Innovation Beyond 2019 – What’s Next for Lithium-ion?

Posted on May 15, 2019July 10, 2019 by Louis Brasington

By the close of the next decade, lithium-ion battery factories around the world will have a combined production capacity equivalent to 22 Tesla Gigafactories. Despite a ten-fold drop in costs over the past decade, Lithium-ion battery costs are the biggest reason why electric vehicles (EVs) remain uneconomical compared to gas alternatives, with 30 to 50% of the cost of an electric car currently dedicated to the battery. This March, Volkswagen and battery maker Northvolt launched a consortium to promote EV... Read More »