Resumen de Li-ion batteries and the years ahead
According to Bloomberg, Chinese authorities may have spent close to 83 billion yuan ($13.24 billion) in 2016 and 2017 in subsidies for NEVs, quoting the secretary-general of the China Passenger Car Association, Cui Dongshu, up from 59 billion yuan spent in 2015, as stated by Yang Yusheng’s a member of the Chinese Academy of Engineering according to the Securities Daily. Subsidies to NEVs with a range lower than 150 km are anticipated to stop, while the threshold of battery energy density subjected to subsidies will rise to 140wh per kg from 90wh per kg in 2018. [...]the new subsidy policy is anticipated to support the development of higher nickel content li-ion batteries by potentially supporting the development and production of the likes of NMC 532, 622 and NMC 811 li-ion batteries. [...]of being a copper and nickel byproduct, these metals drive cobalt supply rather than the cobalt price itself. In Europe and United States, lithium carbonate contract prices increased 169.2% to $17.50 per kg in January of 2018 from $6.50 per kg in June 2015. [...]lithium hydroxide monohydrate (LiOH.H2O, min 56.5%) has also seen prices remain at quite high levels close to and above $20 per kg over the course of the past year due to the battery demand, and is said to be one of the preferred lithium compounds for use in car batteries by market experts.
