Lithium battery Megafactories are mushrooming all around the world. At the moment, they are located mostly in China. Bloomberg is talking now about battery boom. Global battery capacity is set to double by 2021 from just over 100 GWh in 2016 to 278 GWh by 2021. This number can be even higher. Elon Musk has already upgraded his production targets at Gigafcatory from 35 GWh to 50 GWh and now he is talking about 100 GWh from 2022.
This another "Tesla rival" in Germany will produce only 34 GWh by 2020. Speaking about Tesla Model 3 types electric cars with at least 60 kWh lithium batteries it will be translated into 567,000 EVs per year. This is a drop in the bucket if we compare this number with all those millions of cars produced annually in Germany. More lithium battery Megafactories will be coming. The breaking news came a few months ago that Audi is buying its lithium batteries at $114 per kWh from China. With a mass volume production of lithium batteries, we are getting closer to the Holy Grail for electric cars: lithium batteries priced at $100 per kWH. Electric cars will become better and cheaper than any comparable proposition with DIEsel or even petrol engine. This Switch will be happening very soon with millions of people buying electric cars. Read more.
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GroundBreaker1 at Appropriate Process Technologies (Modular Mineral Processing Plants)
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