Key Trends

Cell Cost Developments for Passengers Cars until 2030 [1]

IHS Markit: 73

BNEF: 61

Solid-state technology. Materials are costly and use less established processing methods. Manufacturing costs are strongly dependent on the production of solid electrolyte. Any cost advantages arise from omission of production steps (e.g., formation/aging). Sodium-ion technology. Significant materials cost reduction identified for Na-ion technology. Lower energy density, however, may limit the overall cost reduction to only 10-30% per kWh.

1. High-volume production of >8 GWh/a with dedicated facility Note: Cost values tabulated by P3 Consulting, unless otherwise specified.

Industry Source:

cost assessment & benchmark data, Bloomberg, IHS Markit, Energy Monitor

Extracted from the PDF; charts and images may read imperfectly.