Market for electric car batteries is booming

30 until 40 billion U.S. dollars sales in 2020?

The market for electric car batteries developed extensively – from today’s approximately 900 million U.S. dollars, he is expected to grow by 2015 to between ten and 15 billion U.S. dollars solely for large lithium-ion batteries. By 2020 it will be 30 to 40 billion dollars.

2-batterien8g

Lithium-ion battery

To be prepared for the growing demand, many automakers and suppliers are working with battery manufacturers. To cooperate with VW and Sanyo in the field of high energy. But Sanyo plans to invest over the next seven years, 490 million euros in the development of memory.

Continental has already taken over shares in the Japanese battery specialist Enax. And co-operate in France, Varta and Johnson Controls, the company Saft. Bosch also gearing up for the expected boom in electric car: The automotive supplier founded a joint venture with Samsung to develop and manufacture lithium-ion batteries.

Investing in development

In addition, the bundle represented in the Association of the Automotive Industry (VDA) vehicle manufacturers Audi, BMW, Daimler, Ford, Opel, Porsche and VW its activities in research and development of battery systems. Financially, it supports the federal government.

Massive investments in research and development are also urgently needed. The background: In Germany, hardly produces batteries or further developed, and most manufacturers are located in Asia. In order to build up again in the Federal Republic of powers, the Federal Ministry for Education and Research, the development of lithium-ion battery systems – for example, the Innovation Alliance, “Lithium-ion battery (LIB 2015).

In the coming years plans to invest an industrial consortium of Evonik, Li-Tec, BASF, Bosch, and Volkswagen 360 million euros for research and development. The BMBF is supporting the project with 60 million euros. A sub-project of LIB 2015 is the development of lithium high energy batteries for electric vehicles – or “U-Lion called. TAC several Fraunhofer institutes are involved.

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Market for electric car batteries is booming

30 until 40 billion U.S. dollars sales in 2020?

The market for electric car batteries developed extensively – from today’s approximately 900 million U.S. dollars, he is expected to grow by 2015 to between ten and 15 billion U.S. dollars solely for large lithium-ion batteries. By 2020 it will be 30 to 40 billion dollars.

2-batterien8g.jpg
Lithium-ion battery

To be prepared for the growing demand, many automakers and suppliers are working with battery manufacturers. To cooperate with VW and Sanyo in the field of high energy. But Sanyo plans to invest over the next seven years, 490 million euros in the development of memory.

Continental has already taken over shares in the Japanese battery specialist Enax. And co-operate in France, Varta and Johnson Controls, the company Saft. Bosch also gearing up for the expected boom in electric car: The automotive supplier founded a joint venture with Samsung to develop and manufacture lithium-ion batteries.

Investing in development

In addition, the bundle represented in the Association of the Automotive Industry (VDA) vehicle manufacturers Audi, BMW, Daimler, Ford, Opel, Porsche and VW its activities in research and development of battery systems. Financially, it supports the federal government.

Massive investments in research and development are also urgently needed. The background: In Germany, hardly produces batteries or further developed, and most manufacturers are located in Asia. In order to build up again in the Federal Republic of powers, the Federal Ministry for Education and Research, the development of lithium-ion battery systems – for example, the Innovation Alliance, “Lithium-ion battery (LIB 2015).

In the coming years plans to invest an industrial consortium of Evonik, Li-Tec, BASF, Bosch, and Volkswagen 360 million euros for research and development. The BMBF is supporting the project with 60 million euros. A sub-project of LIB 2015 is the development of lithium high energy batteries for electric vehicles – or “U-Lion called. TAC several Fraunhofer institutes are involved.