Analysis Report : Lithium Ion Battery Cathodes: 2018 to 2024 | Sumitomo Metal Mining (SMM), Panasonic, BASF, Umicore, NEI Corporation, LG, Argonne National Labs
Press Release – 07 Aug 2018 Research and Development News -- . . Latest Update "Lithium Ion Battery Cathodes: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024" with Industries Survey | Global Current Growth and Future. ' ' Worldwide markets are poised to achieve continuing growth as the advantages brought by using new materials are used to decrease the cost of producing lithium ion batteries. The customization achieved by reducing the quantity of cobalt proportionally inside the cathode is a significant market growth driver.- Lithium-ion Batteries at $100/kWh Make EVs Cheaper Than Traditional Gas-Powered Vehicles. As the new cathode technologies are applied to lithium ion batteries, the cost of lithium ion batteries will continue to decrease. Lithium-ion batteries aim to cost $100/kWh, – a cost that makes EVs cheaper than traditional gas-powered vehicles. Companies are targeting between $80/kWh and $100/kWh. Realistically companies will li