Growth Trends in Li-Ion Batteries

Transcription

1 Growth Trends in Li-Ion Batteries The effect on LCE consumption Elewout Depicker Purchase Director 5th Lithium Supply & Markets January 2013, Las Vegas

2 Agenda Introduction: Umicore within the Li-Ion market 3 main markets for LIB Portable electronics e-mobility Energy Storage Systems Key take-aways 2

3 Umicore Closed Loop Approach Closing the loop: from cathode material to end-of-life recycling Umicore, market leader in: Li-ion cathode materials Li-ion and NiMH battery recycling >20% market share / 10+ automotive platforms in the next 1.5 years on the street. Ex.: Evonik Wide range of chemistries (LCO, NMC, LFP, NCA) Already today contracts with collection networks, battery producers and automotive (Ex.: Toyota, Tesla) Recycling capacity on industrial scale Production capacity on industrial scale in three countries >15 years of track-record 3

4 What is the expected growth of LCE for the LIB market? Market trends Cathode material Different markets Energy density Lithium content Amount of LCE 4

5 kmt of cathode Healthy growth in LIB Global cathode market PE e-mobility ESS

6 Li-ion Cathode Material Chemistries Applications require specific solutions Energy Power Safety* Life Cost kg LCE/MWh** LCO lithium cobaltite LiCoO2 LMO lithium manganese oxide LiMn2O4 NMC nickel manganese cobalt Li(NixMnyCo1-x-y)O2 LFP lithium iron phosphate LiFePO4 NCA lithium nickel cobalt aluminium *Impacts battery package design **scrap not considered

7 Agenda Introduction: Umicore within the Li-Ion market 3 main markets for LIB Portable electronics e-mobility Energy Storage Systems Key take-aways 7

8 Portable Electronics Smart Phones, Tablets, Laptops, E-Readers,

9 mt of cathode Evolution of Portable Electronics (PE) Smartphone and tablet big winners Global Portable Electronics market Notebook Smartphone Tablet Handset Power Tools 9

10 Li-Ion Batteries for PE Prismatic and pouch take leadership 100 g g g 15 g g g Cylindrical Pouch Prismatic Any reference to a brand is purely illustrative and does not imply any 10

11 Portable Electronics cathodes LCO and NMC are the chemistries of choice Energy Power Safety* Life Cost kg LCE/MWh LCO lithium cobaltite LiCoO2 LMO lithium manganese oxide LiMnO2 NMC nickel manganese cobalt Li(NixMnyCo1-x-y)O2 LFP lithium iron phosphate LiFePO4 NCA lithium nickel cobalt aluminium * Impacts battery package design

12 Portable Electronics market trends High Cobalt materials will still play a vital role Market trends LCO is used in high-end & prismatic market NMC has replaced LCO in low-/mid-end cylindrical LCO and NMC will always be there Cathode material content Laptops Cylindrical high-end Cylindrical mid-end Cylindrical low-end Prismatic / flat design Portables Tablets / SmartPhones Li 7% 7% 7% 7% 7% kg LCE/MWh % 20% 40% 60% 80% 100% 12

13 mt of LCE Global Lithium demand for PE Healthy growth next years CAGR 10% Global Portable Electronics Market

14 e-mobility Hybrid Cars, Electric Cars, E-Scooters, E-Bikes,

15 mt of cathode Evolution of e-mobility market EV dominant in terms of active material Global e-mobility market HEV PHEV EV Other 15

16 Li-Ion Batteries for automotive Cathode content HEV EV ~5 kg ~40 kg 16

17 E-Mobility: Energy Applications (EV) NMC is the chemistry of choice** Energy Power Safety* Life Cost kg LCE/MWh LCO lithium cobaltite LiCoO2 LMO lithium manganese oxide LiMnO2 NMC nickel manganese cobalt Li(NixMnyCo1-x-y)O2 LFP lithium iron phosphate LiFePO4 NCA lithium nickel cobalt aluminium * Impacts battery package design ** Non Chinese market

18 E-Mobility market trends (EV) NMC is chemistry of choice now and for the next generations Reduce $/kwh Generation 1: State-of-the art NMC 111 Generation 2: Reduce $/kwh: decrease Co or increase energy density Generation 3: High voltage layered materials Cathode material content Gen. 1 - State-of-the-art Gen. 2 - Low Cobalt Li 7% 7% kg LCE/MWh Gen. 2 - Higher Nickel 7% 600 Gen. 3 - Highly Lithiated 9% 600 0% 20% 40% 60% 80% 100% 18

19 mt of LCE Global Lithium demand for e-mobility Strong growth CAGR 30% Global e-mobility market

20 Electrification of automotives Cost reduction necessary Needs: cost reduction Governmental incentives not enough Fundamental cost decrease of LIB: 60% cost reduction by 2020 Umicore: Improve $/kwh R&D Continuous improvement Reduce metal cost component in active materials. Ex: replace Co with Mn Lithium suppliers Lithium prices in upward trend Reduced Co metal base will increase relative cost of Li in LIB 20 Everyone in the value chain has to contribute

21 Energy Storage Systems

22 mt of cathode Evolution of Energy Storage market Bright but uncertain future Global Energy Storage Systems Market

23 2) Dedicated Products Energy Storage Systems First a new market, than a new product* New products specific low Co NMC, LFP Actual products automotive design LFP, NMC 1) Market Development Actual market New market Automotive 23 ESS *non-chinese market

24 mt of LCE Global Lithium demand for ESS Strong growth, smaller volumes (CAGR 25%) Global Energy Storage market

25 Agenda Introduction: Umicore within the li-ion market 3 opportunities for growth Portable electronics e-mobility Energy Storage Systems Key take-aways 25

26 mt of LCE Global growth of LIB High growth (CAGR 15%) Global LIB market PE e-mobility ESS 26

27 Summary Market trends and reflections LCE market for LIB could triple by 2020 Drivers PE & xev Umicore: Improve $/kwh Needs: cost reduction Lithium suppliers xev will only happen with 60% cost down Sustainability of e-mobility will depend on overall cost redution in the value chain All value chain has to contribute 27

28 ...Thank You! Elewout Depicker Purchase Director