Since Benchmark Mineral Intelligence coined the term Battery Megafactory in 2014 the landscape of the lithium ion battery industry has changed significantly. Early on, Benchmark noticed a step change in the way battery supply and demand was developing and the corresponding growth in the size of planned cell production plants on a multi-gigawatt scale. These … Continue reading Rise of the lithium ion battery megafactories: what does 2018 hold?
Benchmark Mineral Intelligence was recently quoted in an article written by Bloomberg News renewable energy correspondent, Joe Ryan. The article focuses on lithium-ion battery production in China, and in particular how despite Elon Musk and Tesla attracting many of the headlines, their plans modest when compared to China. By 2020 installed lithium-ion cell production capacity … Continue reading China’s battery push and Elon Musk’s Tesla – Benchmark quoted in Bloomberg article
Tesla’s latest financial results not only painted a rosy picture for the clean energy crusader in 2016 but also hinted at significant future infrastructure expansions putting further strain on already stretched raw material markets. In January production of Tesla’s new 2170 cell – which will be used in energy storage as well as the Model … Continue reading Bigger than Giga: Tesla’s plan for 3 more battery megafactories
Speakers announced: Graphite Supply Chain 2016, 13-15 November, Newport Beach, CA, US. Click here: Early Bird Delegate Rate Ends Soon. Tesla opened its Gigafactory a few weeks ago to the surprising, if casual, announcement by Elon Musk that the Gigafactory will be three times the original 50GWh planned capacity. The company explained that the lithium ion battery … Continue reading Tesla faces raw material reality with expanded Gigafactory
… Yet Tesla executives fail to allay lithium shortage fears // Tesla CEO Elon Musk and CTO JB Straubel have attempted to play down the role of lithium in a lithium ion battery, but could have inadvertently given themselves further supply headaches. In response to a question of whether there is enough lithium supply, Musk … Continue reading Elon Musk: Our lithium ion batteries should be called Nickel-Graphite…
Battery grade graphite and lithium demand could surge if pre-orders of Tesla Motors’ Model 3 are any indicator of sales between 2017 and 2021. Orders for Model 3 – which there is very little information on at the present, including the battery size – today reached 325,000 units. Analysts expected Tesla to secure between 30,000 … Continue reading Tesla will need a lot of graphite & lithium (but China will need more)
One third of the lithium-ion battery packs produced at Tesla Motors’ Gigafactory in Nevada will be destined for the utility market. Tesla’s utility storage division, Tesla Energy, has recently started shipping Powerwall, a battery pack for the home, and Powerpack, a commercial storage solution, to customers in US, Germany and Australia. While no information has … Continue reading Gigafactory: 30% of output for Tesla Energy utility batteries
Tesla Energy’s Powerwall has to started to ship on a global scale with customers in Australia receiving the first of the company’s lithium-ion battery packs designed to power homes. The Gigafactory 1, the world’s biggest lithium-ion battery plant in Nevada and manufacturing home to the Powerwall, is also only weeks away from its official launch. Here … Continue reading Tesla Powerwall begins to ship, what does this mean?
Eye of the storm: VW may pin hopes on electric vehicles and new battery pack design to revitalise embattled brand /// By Simon Rees in Toronto /// Ships threatened by storms are positioned to face the wind as the captain down to the lowliest rating brace themselves for impact. The storm created by Volkswagen’s (VW) … Continue reading VW’s redemption lies in electric cars & flat battery packs
Leading investment bank publishes The Low Carbon Economy // Benchmark advises on the lithium and battery supply chains // Solar and wind “the new shale gas” // Albemarle and Tesla identified as investment targets // ——————————— Goldman Sachs has declared wind and solar power industries the “new shale gas” in its first ever published opinion on … Continue reading Goldman Sachs: Wind & solar the “new shale gas”