{"id":1177613,"date":"2020-04-13T08:15:06","date_gmt":"2020-04-13T13:15:06","guid":{"rendered":"https:\/\/www.mining.com\/?p=1020072"},"modified":"2020-04-13T08:15:06","modified_gmt":"2020-04-13T13:15:06","slug":"despite-slowdown-in-ev-sales-li-ion-batteries-remain-critical-report","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1177613","title":{"rendered":"Despite slowdown in EV sales, Li-ion batteries remain critical -report"},"content":{"rendered":"<p>A report by market analyst Roskill states that the slowdown in the Chinese EV market during H2-20\u200c19 and the covid-19 pandemic have had a significant impact on demand projections for Li-ion batteries.\u00a0<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>According to Roskill, previous analyses show that, across the world, sales of plug-in EVs have fallen 30% year-on-year in Q1 20\u200c20, equivalent to roughly 5.5GWh of battery capacity.\u00a0<\/p>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p>Roskill\u2019s report states that lithium-ion batteries remain the technology of choice for automotive original equipment manufacturers looking to reduce their average vehicle fleet emissions<\/p>\n<\/blockquote>\n<\/figure>\n<p>To make matters worse, continued disruption in 20\u200c20 is expected, with monthly plug-in EV sales in key markets forecast to be reduced by 70% or 80% while lockdown conditions ensue.\u00a0<\/p>\n<p>\u201cThese disruptions come at a key stage for many automotive OEMs looking to break into the plug-in EV industry,\u201d the report states. \u201cAutomotive manufacturers have scheduled launches of a series of new EV models, though increasing sales of higher-margin vehicles such as luxury and SUV models were required to support this transition to EVs.\u201d<\/p>\n<p>In the study, Roskill states that, even if they are short-termed, the disruptions to EV sales may have long-term implications, not only to further investment in plug-in EV models but also on legislation in China and Europe, if financial penalties become too damaging to key industry participants.\u00a0<\/p>\n<p>The market analyst, however, believes that even though the automotive applications are forecast to be the dominant end-use market for lithium-ion batteries, their use in energy storage systems, portable electronic and power &amp; motive applications will provide support for battery manufacturers.<\/p>\n<p>\u201cSeveral &gt;1GWh scale projects are scheduled to be constructed by 20\u200c22, by companies such as Tesla, with continuing demand growth,\u201d the report reads.&nbsp;<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Roskill gives a forecast of what is to come.<\/p>\n","protected":false},"author":92,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1016,369],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1177613"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/92"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1177613"}],"version-history":[{"count":4,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1177613\/revisions"}],"predecessor-version":[{"id":1177718,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1177613\/revisions\/1177718"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1177613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1177613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1177613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}