Center for Entrepreneurship & Technology (CET) Technical Brief
Authors: Justin Amirault, Joshua Chien, Saurabh Garg, Drew Gibbons, Ben Ross, Maureen Tang, Jia Xing Ikhlaq Sidhu (PI), Phil Kaminsky, Burghardt Tenderich
The battery represents arguably the most important and most technically challenging component of the electric vehicle (EV) ecosystem. Within the battery market are intriguing issues such as battery type and chemical compilation; performance and efficiency; cost; market demand and environmental concerns.
This brief provides an overview of the current state of battery technology and the EV battery industry, focusing on lithium-ion (Li-ion) technologies. Part A provides an overview of the battery technology and ecosystem, dissecting the battery and defining components, addressing the various chemistries and performance comparisons, as well as market demand. Part B offers performance and cost models, Part C delves into the environmental impact of batteries, and Part D considers additional issues such as the availability of raw materials from a physical and political perspective and future trends within the EV battery ecosystem. The document concludes with key findings within these aforementioned areas. Details of the mathematical models used in this report are offered in the Appendix.