https://www.visualcapitalist.com/breaking-down-the-cost-of-an-ev-battery-cell/
As electric vehicle (EV) battery prices keep dropping, the global supply of EVs and demand for their batteries are ramping up.
Since 2010, the average price of a lithium-ion (Li-ion) EV battery pack has fallen from $1,200 per kilowatt-hour (kWh) to just $132/kWh in 2021.
Inside each EV battery pack are multiple interconnected modules made up of tens to hundreds of rechargeable Li-ion cells. Collectively, these cells make up roughly 77% of the total cost of an average battery pack, or about $101/kWh.
So, what drives the cost of these individual battery cells?
According to data from BloombergNEF, the cost of each cell’s cathode adds up to more than half of the overall cell cost.
EV Battery Cell Component | % of Cell Cost |
---|---|
Cathode | 51% |
Manufacturing and depreciation | 24% |
Anode | 12% |
Separator | 7% |
Electrolyte | 4% |
Housing and other materials | 3% |
Percentages may not add to 100% due to rounding.
The cathode is the positively charged electrode of the battery. When a battery is discharged, both electrons and positively-charged molecules (the eponymous lithium ions) flow from the anode to the cathode, which stores both until the battery is charged again.
That means that cathodes effectively determine the performance, range, and thermal safety of a battery, and therefore of an EV itself, making them one of the most important components.
They are composed of various metals (in refined forms) depending on cell chemistry, typically including lithium and nickel. Common cathode compositions in modern use include:
The battery metals that make up the cathode are in high demand, with automakers like Tesla rushing to secure supplies as EV sales charge ahead. In fact, the commodities in the cathode, along with those in other parts of the cell, account for roughly 40% of the overall cell cost.
Components outside of the cathode make up the other 49% of a cell’s cost.
The manufacturing process, which involves producing the electrodes, assembling the different components, and finishing the cell, makes up 24% of the total cost.
The anode is another significant component of the battery, and it makes up 12% of the total cost—around one-fourth of the cathode’s share. The anode in a Li-ion cell is typically made of natural or synthetic graphite, which tends to be less expensive than other battery commodities.
Although battery costs have been declining since 2010, the recent surge in prices of key battery metals like lithium has cast a shadow of doubt over their future. How will EV battery prices evolve going forward?
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Philip ( buy what you understand)
Yes I have a position in CATL. previoulsy sold TSLA at 1100+, bought at 500+ range.
But depending on toyota pushing their solid state battery technologies, panasonic/ tesla 4680 batteries may soon be inneficient and expensive in comparison. However we will see, as toyota is only pushing this battery in their hybrid cars coming out in the next few years. If the results are as reliable as a toyota car, I think buying prime planet and toyota may be the far better selection.
2022-04-10 08:45
Philip ( buy what you understand)
51% toyota, 49% panasonic partnership with 5600 staff onwards to building solid state batteries.
>>>>>
https://www.p2enesol.com/en/company/
2022-04-10 08:47
Philip ( buy what you understand)
https://youtu.be/WpIIjEH1y6M - 4680 versus others and solid state batteries.
https://youtu.be/Oj52NUiru8c - sandy munro on toyota solid state battery
2022-04-10 09:46
CATL and BYD have the best battery around! Tesla still the leader but not for long! South Korea and Japan simply behind! So China should be world leader in EV for sure! My bet on BYD! As for Tesla, eventually they will stop selling EV as their robotaxi will be more than enough to generate higher revenue!
2022-04-10 16:16
PureBULL ...
PORTFOLIO CORE HOLDINGS = 60 to 70% of fund
Every stock players MUST choose the best stocks with the best GLOBAL biz now.
n the v BEST biz r :
1st: EV is ever happening, proven by pure FACT that made Elon Musk the far distant RICHEST # 1 man on earth.,.
2nd: ES in renewal energy is so so NEW to all countries.
n every country is going berserk in it or be fine for black energy.,. sin is showing the ex to import from aust.
BOTH of the above involve n require rechargeable batteries = the BIGGEST biz on earth soon.,.
In our msian stock mkt, PMBTECH in Si n MSC in Sn r the newest EV.METAL stocks every stock players must have in their portfolios.,.
PROVEN FACT:
PMETAL in EV.metal Al is so great n so BIG at high speed SUCCESS in mkt cap > $50 BILLION now n will continue to grow n grow bigger.,.
the NEW is better for us to make BIG money FAST.,.
https://tesla-share.thron.com/content/?id=96ea71cf-8fda-4648-a62c-753af436c3b6&pkey=S1dbei4
2022-04-09 15:49