Investor @VoltaEnergyTech. Lithium battery expert. Tweets about prices, technology, supply chains and startups. Formerly @BloombergNEF. All views are my own.
London, UK
Joined December 2017
- Tweets2.3K
- Following750
- Followers8.1K
- Likes6.8K
James Frith retweeted
It takes a lot of energy to build an electric vehicle – so are EVs actually cleaner than their gas-guzzling counterparts?
According to a new report by @BloombergNEF, the answer is a resounding yes.
James Frith retweeted
Today's GB News poll is "Would you buy an electric vehicle?"
Why let their subscribers have all the fun when you can vote at home just by clicking the link below...
midgard.opinary.com/compasse…
James Frith retweeted
Battery prices across sectors have converged in recent years, which is an indication of the industry’s maturation and growth. The price differences across sectors can be attributed to differences in maturity and order volumes, but also cell and pack design requirements. (4/5)
James Frith retweeted
The drop in battery prices is attributed to lower raw material costs due to significant growth in production capacity across the value chain. Meanwhile, demand may have fallen short of industry expectations.
More on the latest @hyper_drive piece: bit.ly/3GfIKl5 (2/5)
James Frith retweeted
The average battery pack price number is a result of more than 300 survey data points that BNEF collected from buyers and sellers of batteries from various sectors. China's e-bus and commercial EV sector had the lowest prices at 100/kWh, while prices for BEVs were $128/kWh. (3/5)
James Frith retweeted
What's next? Battery prices are expected to closely follow the trajectory of raw material prices in the near term. In the long-term, battery pack prices are expected to fall below $100/kWh in 2027.
The full press release can be found here: bit.ly/49M78rQ (5/5)
James Frith retweeted
The results from @BloombergNEF's 2023 lithium-ion battery price survey are out. Battery prices are back to their declining trajectory, after an unprecedented year of increases in 2022. Average pack prices reached a new record-low of $139/kWh, a 14% decline from last year.⬇️
James Frith retweeted
After a brief rise in 2022, inflation-adjusted Lithium-ion battery prices are falling again, according to the latest battery analysis from BloombergNEF led by @EvelinaStoikou. Pack costs fell 14% this year (largest annual decline since 2018) to $139/kWh. bloomberg.com/news/articles/…
James Frith retweeted
Average battery pack prices continue to hit new lows.
Source: bloomberg.com/news/articles/…
James Frith retweeted
Last year the average global pack prices were $151/kWh.
So this should bring them to $130/kWh.
James Frith retweeted
🔋Join the BEPA Innovation Uptake Workshop during #BID2023 🚀
Panel Discussion 1: Supporting and Investing in Battery Innovations
🗓️ Date: 15 November 2023
đź•’ Time: 15:40-16:35
📍 Location: Centre de Congrès Cité Mondiale
🚀 Register to the workshop ➡ bit.ly/3QEzahp
James Frith retweeted
Lithium is integral to the majority of electric vehicle battery chemistries, making it one of the world’s most sought-after metals.
Ellie and I recently joined Dana on @BloombergNEF's Switched On podcast.
Listen here:
open.spotify.com/episode/1Lz…
#batteries #lithium #battchat
James Frith retweeted
From Nickel-Free to Dash of Nickel: The Evolution of Our Next Energy Gemini Battery Pack 🔋📊
In the ever-advancing world of EVs, Our Next Energy’s “Gemini” battery is a revolutionary breakthrough. This innovative battery combines LFP cells with anode-free cells, acting as a range extender for those occasional longer journeys while maintaining safety.
The early Gemini prototype was first integrated boosting the Tesla Model S range from 652 kms to an astonishing 1210 kms and the BMW iX SUV's range from 630 kms to a remarkable 966 kms. This initial prototype excluded Ni and Co chemistries in the high-energy anode-free cells, as initially advertised (Left side Image).
Recent updates reveal that the Gemini anode-free cells now utilize a Li-rich Lithium Manganese Nickel Oxide (LMNO) cathode and remaining Cobalt-free (Right side image). Additionally, the battery pack has slashed Lithium usage by 20 %, Graphite by 60 % and Nickel by a significant 75 % compared to a similar energy density NMC variant battery pack. These improvements come alongside impressive energy density of 1007 Wh/L and a specific energy of 432 Wh/kg. I assume the cycle life for the anode-free cells might be less than 300 cycles. That should be plenty for occasional longer journeys 🚗🔋 #battchat @LimitingThe @OurNextEnergy1
James Frith retweeted
Not surprised but angry at yet another dumb decision by the crumbling, corrupt, inept current administration in their increasingly desperate last days. Short sighted, self harming hints about removing the 2030 ban on sales of new combustion engine vehicles.
James Frith retweeted
If there’s one thing car companies hate, it’s uncertainty. Today’s announcement to row back on the 2030 EV target will have spooked a number of car manufacturers who are looking at the UK as a potential destination for their investment.
James Frith retweeted
Call for participants: Battery industry, we invite you to participate in @BloombergNEF's 2023 Lithium-ion Battery Price Survey. After the first battery price increase in 2022 and the significant fall in lithium prices since January, 2023 is set to be another interesting year(1/3)
James Frith retweeted
Ever wondered when the US would finally hit one million annual EV sales? We at BNEF have exciting news: That moment has almost arrived! According to our data, the US reached about 965,000 EV units sold in the first eight months of 2023.
James Frith retweeted
37% of all new passenger vehicle sales in China last month were fully electric or plug-in hybrid.
bloomberg.com/news/articles/…
