Resumen de Lithium-ion battery market to reach $41bn

Siobhan Lismore-Scott, Laura Syrett

• "China has a huge e-bikes market. Today they use lead iron batteries but for performance reasons and for environmental reasons they are seeing a gradual shift over to cheap [Li]-ion, so that's going to be a major opportunity," he added.

  "Even though the EVs market has been slower than expected, it's still growing contribution to Li-ion batteries an easy way to look at this is to look at the huge battery capacity of a Tesla model, which is in the order of 85,000 watt hours compared to a cell phone which is five watt hours," he said.

  "Despite the increase in volumes in various applications, many people thought it would be a lot larger," [Cosmin Laslau] said. "It seemed like practically everybody in the battery value chain jumped in at the same time and we have seen a vicious shake up; quite a few bankruptcies, quite a lot of consolidation. And even leaders (...) have grossly underutilised capacity. So we believe the market will even out rather than adding new capacity".