Featured in Connected to technology – 05-2020

Cheaper, safer EV batteries to bolster grid

Electric vehicles can transition from liabilities to assets if steps are taken by battery manufacturers, the auto industry, and policymakers, argues Milan Rosina, a principal analyst in the power electronics and batteries division of Yole Développement.

By

pv magazine

25 May 2020

Source: Li-ion Battery Pack for Automotive and Stationary Storage Applications report, Yole Développement, 2020

Total annual demand for battery packs will grow from 111.7 GWh in 2019 to 852.5 GWh by 2025 – a seven-fold increase. Battery electric vehicles (BEVs), including plug-in hybrids (PHEVs), together will account for 75.9 % of total GWh demand by 2025. Despite strong demand for stationary batteries, especially those associated with intermittent renewables, the …

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