Major Research and Advancements in Lithium Batteries/Tesla and Panasonic Plan Gigafactory, Business and Industry Trends Analysis

Although all-electric vehicles still make up only a fraction of the automotive market, the battery industry is expected by some analysts to boom.  However, the extreme drop in gasoline prices that began in late 2014 and continued into 2017 is tempering near-term demand for hybrids and all-electric vehicles.  Overall, today’s batteries generally remain costly and inefficient compared to gasoline engines.  Researchers at the University of Chicago and MIT contended that even if oil prices rebounded to $100 per barrel, battery prices would have to drop by a factor of three to be competitive, and be able to charge much faster…

A Representative List of Organizations that Have Used our Research and Products: