from chemistry to pack
The energy storage sector is growing faster than almost any other infrastructure market, yet for those approaching it from a finance background, the engineering can feel impenetrable. Cells, cathodes, C-rates, cycle life — the vocabulary creates a barrier that can make it difficult to evaluate projects, assess technology risk, or ask the right questions of … Read more
When we look at the BloombergNEF battery chart we see a decreasing pack price, but is the Pack to Cell Cost Ratio changing? The Volta Foundation report [2] the following view for the average Li-ion battery pack price drop of 20% from 2023 to a record low of $115 /kWh in 2024: This post has … Read more
The Q4/2023 breakdown of NMC vs LFP costs is interesting as a point in time regarding the full cost comparison and potential as well as the current competition between Europe vs. Chinese supply chains. Here we have a comparison pulled together by P3 Group. As stated, Chinese LFP cell manufacturers especially profit from: Overall there is a up to … Read more
Previouly we have looked at the fundamental differences between the power and energy cells, but why is there a Power versus Energy Cell Cost difference? Typically, energy cells cost ~80-100 $/kWh in 2024 and power cells ~150-300 $/kWh. Although, there are some exotic power cells that cost ~$600/kWh. Let’s think about the factors that make … Read more
The PowerCo Unified Cell is a vision from VW to simplify it’s battery packs with one cell design that works across more than 80% of it’s products. When they say design, they actually mean cell format as it appears they are intending on having 3 different chemistries to support the cost / performance trade. Remember … Read more
The Need of the hour today is to have a sustainable closed loop Battery Manufacturing. In this article I will go through the various major reasons and constraints for recycling batteries from Electric vehicles.