I was recently reading about a leading listed lead-acid battery maker
Co. is making a big foray in Li-ion battery space with 16 GWh (gigawatt hour) cell capacity by FY 32
Demand for Li-ion battery is expected to increase 10x by 2030...here's a small 🧵on this space
(1/n)
Co. is making a big foray in Li-ion battery space with 16 GWh (gigawatt hour) cell capacity by FY 32
Demand for Li-ion battery is expected to increase 10x by 2030...here's a small 🧵on this space
(1/n)
What is Li-ion battery?
It is a complex electrochemical device made up of several key components that work together to store and release electrical energy
These include:
Anode
Cathode
Separator
Electrolyte
Current Collectors
Casing
Electrode Binders
Vent, etc.
(2/n)
It is a complex electrochemical device made up of several key components that work together to store and release electrical energy
These include:
Anode
Cathode
Separator
Electrolyte
Current Collectors
Casing
Electrode Binders
Vent, etc.
(2/n)
Li-ion Battery is classified under following heads
a) Active material battery chemistries used
b) Power capacity range
c) their Form/Design/Shape
d) Applications and usage
(3/n)
a) Active material battery chemistries used
b) Power capacity range
c) their Form/Design/Shape
d) Applications and usage
(3/n)
Demand generated from following sectors
a) Automotive - 80%Â (Majorly from EV's)
b) Non-Automotive - 20% (Majority from Telecom)
(4/n)
a) Automotive - 80%Â (Majorly from EV's)
b) Non-Automotive - 20% (Majority from Telecom)
(4/n)
Manufacturing of Lithium-ion battery is done in 2 parts:
- Lithium-ion Cell Making
Electrode Production
Separator Preparation
Winding, Sealing
Electrolyte Filling
Formation & Testing
- Battery Pack Assembly
(includes size & shape in which Lithium-ion cells are packed)
(5/n)
- Lithium-ion Cell Making
Electrode Production
Separator Preparation
Winding, Sealing
Electrolyte Filling
Formation & Testing
- Battery Pack Assembly
(includes size & shape in which Lithium-ion cells are packed)
(5/n)
Key Raw Materials for Lithium-ion Battery
1) Lithium
2) Different cathode & Anode materials
-Nickel
-Cobalt
-Graphite
-Other Materials
(Note - AN ELECTRIC CAR battery has between 30 and 60 kilos of lithium)
(6/n)
1) Lithium
2) Different cathode & Anode materials
-Nickel
-Cobalt
-Graphite
-Other Materials
(Note - AN ELECTRIC CAR battery has between 30 and 60 kilos of lithium)
(6/n)
Global Lithium-ion market size is expected to grow from $57 Bn in 2023 to $187 Bn by 2032
(7/n)
(7/n)
While China has limited natural reserves of critical elements, Chinese companies have acquired mines in countries with abundant raw materials for EV batteries, enabling them to export these resources directly to China
(8/n)
(8/n)
India's lithium-ion battery size is estimated at $2.48 Bn in 2023 and is expected to reach $5.49 Bn by 2028
LiBs are in huge demand (~80%) from the automotive industry for EV's
Key LiB's Battery Pack Manufacturer's in India (as on 2021) 👇
(9/n)
LiBs are in huge demand (~80%) from the automotive industry for EV's
Key LiB's Battery Pack Manufacturer's in India (as on 2021) 👇
(9/n)
India will witness investments of Rs 160 Bn (~$2.2bn)Â for a cumulative lithium-ion cell manufacturing capacity of more than 30GWh
Given the Indian Govt target of reaching a cell manufacturing capacity of 50GWh by 2030
(10/n)
Given the Indian Govt target of reaching a cell manufacturing capacity of 50GWh by 2030
(10/n)
Currently, India caters to 85% of its demand for li-ion batteries through imports, mainly from China & Hongkong
India's li-ion battery Capacity is currently in range of 5-7 GWh
(11/n)
India's li-ion battery Capacity is currently in range of 5-7 GWh
(11/n)
Sources referred:
marketsandmarkets.com
adlittle.com
visualcapitalist.com
wired.com
iea.blob.core.windows.net
brookings.edu
mckinsey.com
spglobal.com
batteryuniversity.com
marketsandmarkets.com
adlittle.com
visualcapitalist.com
wired.com
iea.blob.core.windows.net
brookings.edu
mckinsey.com
spglobal.com
batteryuniversity.com
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