DOE’s CEMAC Evaluates Domestic Opportunities for Automotive Lithium-Ion Batteries
The U.S. Department of Energy’s (DOE) Clean Energy Manufacturing Analysis Center (CEMAC) recently announced the release of “Automotive Lithium-ion Battery Supply Chain and U.S. Competitiveness Considerations,” its first research product. CEMAC’s analysis shows how, with increasing demand for electric and hybrid electric vehicles and with lithium-ion battery (LIB) producers locating in close proximity to automotive manufacturers, the U.S. has a growing opportunity in automotive LIBs. As companies make further investments in domestic automotive LIB manufacturing, America has the potential to be a leader in the current $9 billion global automotive LIB market, which is expected to reach $14.3 billion by 2020.
CEMAC’s analysis takes a comprehensive look at the LIB supply chain and U.S. competitiveness in relation to the global market for LIBs. It highlights how the U.S. already has a foothold in global automotive LIB production, with domestic manufacturers comprising 17% of global production capacity. This analysis will provide the DOE, industry, and policymakers with an objective look at the factors affecting LIB manufacturing competitiveness and contribute strategic information that can be used to inform future clean energy manufacturing research and development.
Technological advancements, such as robust battery cells and modules—currently under development by the DOE and its private-sector partners—can boost automotive LIB manufacturing in the U.S. by reducing battery cost, increasing battery life, and improving performance. The DOE accelerates innovation in these areas to help advance automotive LIB technology and unleash cost reductions that will enable more people to purchase and use electric vehicles.
For more information, visit www.manufacturingcleanenergy.org/products.html.