Will There Be Enough Batteries

Prediction:  “Li-ion technology continues to improve,
. . . as increased energy densities translate into,
. . . smaller and lighter battery packs with more power.
At the same time, leading battery cell manufacturers,
. . . have built new factories utilizing the latest production techniques,
. . . including greater automation and faster throughput.
This will lead to a reduction in the cost per kilowatt-hour (kWh),
. . . over the next few years, provided that volumes continue to increase.”

Demand for electric cars is exploding and the
. . . 4 to 16 kWh plug-in hybrids batteries, are growing to
. . . 80 kWh.
Will there be enough batteries for everybody? And who will produce them?

By choosing smaller, cylindrical cells, that have better energy density,
. . . . are inherently less dangerous,Tesla saved on manufacturing costs.

Once Tesla’s gigafactory gets up and running,
. . . it should be able to manufacture a 1/2 million units a year,
. . . enough for about 50% of the anticipated worldwide demand in 2020.
With the value of the total battery market approaching $25 billion annually by then,
. . . plenty of other companies will be vying for that business as well,
. . . supply should be more than adequate for industry needs in the near term.

06-26-2014 Source:  Will There Be Enough Batteries