SLIDE 12 U.S. DEPARTMENT OF ENERGY OFFICE OF ENERGY EFFICIENCY & RENEWABLE ENERGY
Cost Trends for Lithium-based EV Batteries
$197/kWh kWh
Gra raph phite/ ite/High gh Volt ltage ge NMC
System m Cost t ($/kWh /kWh)
$0 $0 $200 00 $600 00 $500 00 $400 00 $300 00 $100 00
Yea ear
2014 14 2020 20 2022 22 2024 24 2012 12 2016 16 2018 18 2026 26 2028 28 2030 30
Sili licon con/High gh Volt ltage ge NMC Lith thium ium-Met etal l or Lith thium ium/Su /Sulf lfur
$320/kWh kWh (5x exces ess Li, 10%S %S) ~$80/kWh kWh
Graphite/High Voltage NMC Silicon/High Voltage NMC Lithium-Metal & Li/Sulfur
R&D Focus: Higher cathode capacity (220+ mAh/g), low/no Cobalt, recycling, fast charge R&D Focus: Higher anode capacity (1000+ mAh/g), cycle/calendar life, fast charge R&D Focus: Solve cycle life/ catastrophic failure issues, reduce excess lithium, reduce excess electrolyte, reduce lithium metal cost
ReCell Cell - $5M/yr yr Batt tter ery y Recycling cling Resear earch ch + $ $5M Batt tter ery y Prize ize