2015: Battery demand 62 percent behind supplies
Only way to save the US battery industry?By 2015, the supply of lithium-ion batteries will outweigh demand by about 62 percent according to Mary Ann Wright, manager of advanced auto batteries for Johnson Controls.
Similarly, last week, analysis showed that this over-capacity would force about 60 battery makers worldwide to consolidate into just 6 or 8 manufacturers. More important, the winners will be determined by revenues.
Based on US manufacturing plans, how can US automakers and battery manufacturers compete in the world's ever-important battery market place without a serious increase in the output of battery-powered vehicles? Isn't that the only way to game-winning, or at least competing, revenues?
Electrify every federal fleet, suggests Mrs. Wright. Good idea. How about also making more cost-effective battery-powered vehicles. For instance, if Toyota can sell 1/2 a million hybrid cars per year, why can Ford only sell 30,000?
Labels: Hybrid Vehicles, lithium battery
posted by Dahcredyns at
8:56 AM
3 Comments:
Oh great. Now those with all of the batteries are going to make a price hike for the rest of the world, right?
Maybe. But competition should be pretty fierce, so I don't expect such monopolistic forces until penetration is at at least 30 percent.
But that guess is pure speculation.
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