Lithium Ion Battery Cathode Market 2019 Size, Share, Demand, Trends, Growth and 2025 Industry Forecast | Top Players- LG, Mitsubishi, Panasonic, Samsung, Fujitsu, BASF, B&M, 3M, FDK
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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 likely approach $100/kWh.
NMC lithium battery cathode materials are used for electric vehicles. As the cathode markets develop toward NMC, it is clear the LFP favoured by Chinese manufacturers, not suitable for electric vehicles will lose market share. Current NMC ternary lithium-ion batteries from South Korean and Japanese makers typically employ a ratio of 60% nickel to 20% manganese, and 20% cobalt (6:2:2), but as that ratio moves to 8:1:1 in 2018 and beyond, the cathode is a key element in achieve vast cost efficiencies.
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On the basis of product, the market is primarily split into
Nickel Cobalt Manganese (NMC)
Lithium Iron Phosphate (LFP)
Worldwide Lithium Ion Battery cathodes have many applications. On the basis on the end users/application, this report covers
Drones, UAV, UUV
Smart Phone Equipment
Consumer Electronics Products
Worldwide Lithium Ion Battery cathode market at $7 billion market in 2018 is expected to reach $58.8 billion by 2024.
Table Of Content of Global Lithium Ion Battery Cathode market research report:
1. Lithium Ion Battery Cathode: Market Description and Market Dynamics 20
2. Lithium Ion Battery Cathode Market Shares and Forecasts 32
3. Lithium Ion Battery Cathode Product Description 82
4 Lithium Ion Battery Cathode Research and Technology 122
5 Lithium Ion Battery Cathode Company Profiles 139
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