{"id":36968,"date":"2024-07-31T05:20:00","date_gmt":"2024-07-31T10:20:00","guid":{"rendered":"https:\/\/latamobility.com\/?p=36968"},"modified":"2024-07-30T20:01:21","modified_gmt":"2024-07-31T01:01:21","slug":"demand-for-electric-vehicle-batteries-to-increase-significantly","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/demand-for-electric-vehicle-batteries-to-increase-significantly\/","title":{"rendered":"Demand for Electric Vehicle Batteries to Increase Significantly"},"content":{"rendered":"\n<p><strong>A study published by Bain &amp; Company<\/strong> highlights that the electric vehicle industry will experience a significant increase in the amount of batteries required for its industry.<\/p>\n\n\n\n<p><strong>The report estimates that by 2030<\/strong> the demand will be <strong>4,100 gigawatt-hours<\/strong>, quadrupling the current figures and stemming from the growth in sales of this type of vehicle.<\/p>\n\n\n\n<p>Similarly, the value of batteries and their capacity are determining factors for the nascent automotive electric industry, which explains why manufacturers are immersed in a race to perfect their products in terms of performance, <strong>useful life and new forms of production such as lithium batteries.<\/strong><\/p>\n\n\n\n<p>In that sense, the report shows some key trends that will shape the <strong>electric vehicle battery market by 2030.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"902\" height=\"673\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/07\/J-300724-a.jpg\" alt=\"Bater\u00edas\" class=\"wp-image-36994\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/07\/J-300724-a.jpg 902w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/07\/J-300724-a-300x224.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/07\/J-300724-a-768x573.jpg 768w\" sizes=\"(max-width: 902px) 100vw, 902px\" \/><\/figure>\n\n\n\n<p><strong>You may also read:<\/strong> <a href=\"https:\/\/latamobility.com\/en\/stellantis-and-catl-work-towards-battery-development\/\"><strong>Stellantis and CATL Work Towards Battery Development<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-alternatives\"><strong>Alternatives<\/strong><\/h2>\n\n\n\n<p>On the one hand,<strong> Bain &amp; Company<\/strong> points out that although battery models using solid-state sodium or sodium-ion batteries are currently under development, lithium batteries are expected to maintain their dominance in the EV market until at least 2030.<\/p>\n\n\n\n<p>On the other hand, <strong>lithium-iron phosphate and nickel-manganese-cobalt<\/strong> combinations will be predominant in batteries.<\/p>\n\n\n\n<p>These mixtures are present in 90% of electric battery sales worldwide, and in addition, variations with other components are gaining ground in China and proving their effectiveness.<\/p>\n\n\n\n<p>It is also expected that, as a result of the advances in favor of better performance in lithium batteries and their price reduction, the quality and <strong>quantity of available batteries will increase.<\/strong><\/p>\n\n\n\n<p>Likewise, the integration of electric batteries into the vehicle chassis and the use of <strong>artificial intelligence<\/strong> to manage energy consumption will be innovations present in <strong>new electric models.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A study published by Bain &amp; Company highlights that the electric vehicle industry will experience a significant increase in the amount of batteries required for its industry. The report estimates that by 2030 the demand will be 4,100 gigawatt-hours, quadrupling the current figures and stemming from the growth in sales of this type of vehicle&#8230;.<\/p>\n","protected":false},"author":8,"featured_media":36965,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[2054],"tags":[1564,1281,1489],"class_list":["post-36968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electric-mobility","tag-electric-cars","tag-electric-mobility","tag-sustainability"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Demand for Electric Vehicle Batteries to Increase Significantly - Latam Mobility<\/title>\n<meta name=\"description\" content=\"A study published by Bain &amp; 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