James Frith

Investor @VoltaEnergyTech. Lithium battery expert. Tweets about prices, technology, supply chains and startups. Formerly @BloombergNEF. All views are my own.

[James Frith @JamesTFrith]

Now that @elonmusk has confirmed @Tesla will be using #LFP in some US Model 3's the normal Q's around patents and licensing have arisen.

This is a thread on the 3 key patents and why #China can produce low cost LFP

#battchat

1/8

[Corey Cantor🌙 @CoreyBCantor]

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 @JamesTFrith]

I know my answer, not sure it’s the one GB News wants though 😉

Add your vote 👇

[Edwin Hayward @edwinhayward]

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...
https://t.co/Vy2uPT16bW

[Edwin Hayward @edwinhayward]

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...
https://t.co/Vy2uPT16bW

[Kevin Gunan Shang @KevinGShang]

Have felt the chill in the Chinese #battery winter
1) more and more Tier 2 battery makers are laying off workers
2) an increasing number of projects got cancelled along supply chain
3) net profit plunge & loss making will be key words for 🔋-related annual reports
#battchat

[James Frith @JamesTFrith]

@SnoozeButtonBen @Lamborghini @MIT Interesting that it is calendar life that is the issue, I imagine the SoC impacts this significantly.

[James Frith @JamesTFrith]

Very interesting to see @Lamborghini licensing an organic cathode material from @MIT

The fast charging properties are what makes TAQ attractive to the OEM

This is the first organic cathode license for an EV I have seen

https://t.co/EOsrUxSP8q

#battchat

[James Frith @JamesTFrith]

It was a pleasure discussing the year in batteries with @politicalham!

[Markham Hislop @politicalham]

Dr James Frith on 2023 battery news and a look ahead at 2024

@JamesTFrith of @VoltaEnergyTech talks all things battery storage.

Esp. the competition between China, US, and EU to built out mfging and supply chains.

Big changes coming, folks.
#batteries
https://t.co/YDbS0CsHE3

[Evelina Stoikou @EvelinaStoikou]

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)

[Evelina Stoikou @EvelinaStoikou]

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: https://t.co/TqqU41lw1n (2/5)

[Evelina Stoikou @EvelinaStoikou]

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)

[Evelina Stoikou @EvelinaStoikou]

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: https://t.co/uYjMFDLOT6 (5/5)

[Evelina Stoikou @EvelinaStoikou]

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.⬇️

[Jesse D. Jenkins @JesseJenkins]

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. https://t.co/kGMGK1UB2b

[Sawyer Merritt @SawyerMerritt]

Average battery pack prices continue to hit new lows.

Source: https://t.co/lBpNWPNAqG

[The Limiting Factor @LimitingThe]

Last year the average global pack prices were $151/kWh.

So this should bring them to $130/kWh.

[James Frith @JamesTFrith]

The results of @BloombergNEF's 2023 Battery Price Survey are in!

🔋💲🔻

Average prices have fallen by 14% to $139/kWh

This is great news for an industry that was hit hard by raw material prices rises in 2022

#battchat

https://t.co/Rscr35MSfe

[James Frith @JamesTFrith]

Toyota will only produce enough solid state cells for 10,000 EVs by 2030

A long way from the claims of introducing solid state cells to the mass market by 2025…

This seems far more realistic and achievable, expect a high price tag

https://t.co/XhSdGgkY1f

#battchat

[James Frith @JamesTFrith]

A nice post on how to become a 🔋 expert, it reminds me that @BloombergNEF's Battery Price Survey will be published soon

My bet for the 2023 av. pack price is: $134/kWh Where do you think it will come out?

Follow @EvelinaStoikou for the official number

#battchat

[Wes Chang @wesleykchang]

A lot of undergraduates ask me "how do I learn more about batteries" so I decided to write my answer up: https://t.co/xLTaIzvVzj

[James Frith @JamesTFrith]

$3.5B from the DoE to support domestic manufacturing in the US.

If you read the announcement, the emphasis on advanced battery manufacturing is interesting as the last round of funding was focused on deploying current commercial tech.

https://t.co/euNtQPhhsq

#battchat

[BEPA_EU @bepa_eu]

🔋Join the BEPA Innovation Uptake Workshop during #BID2023 🚀

Panel Discussion 1: Supporting and Investing in Battery Innovations
🗓️ Date: 15 November 2023
🕒 Time: 15:40-16:35
📍 Location: Centre de Congrès Cité Mondiale
🚀 Register to the workshop ➡ https://t.co/OvLpBm2lax