Abstract

Lithium-ion battery packs inside electric vehicles represents a high share of the final price. Nevertheless, with technology advances and the growth of the market, the price of the battery is getting more competitive. The greenhouse gas emissions and the battery cost have been studied previously, but coherent boundaries between environmental and economic assessments are needed to assess the eco-efficiency of batteries. In this research, a detailed study is presented, providing an environmental and economic assessment of the manufacturing of one specific lithium-ion battery chemistry. The relevance of parameters is pointed out, including the manufacturing place, the production volume, the commodity prices, and the energy density. The inventory is obtained by dismantling commercial cells. The correlation between the battery cost and the commodity price is much lower than the correlation between the battery cost and the production volume. The developed life cycle assessment concludes that the electricity mix that is used to power the battery factory is a key parameter for the impact of the battery manufacturing on climate change. To improve the battery manufacturing eco-efficiency, a high production capacity and an electricity mix with low carbon intensity are suggested. Optimizing the process by reducing the electricity consumption during the manufacturing is also suggested, and combined with higher pack energy density, the impact on climate change of the pack manufacturing is as low as 39.5 kg CO2 eq/kWh. Document type: Article

Abstract

In this study, we develop a method for calculating electric vehicle lithium-ion battery pack performance and cost. To begin, we construct a model allowing for calculation of cell performance and material cost using a bottom-up approach starting with real-world material costs. It thus provides a supplement to existing models, which often begin with fixed cathode active material (CAM) prices that do not reflect raw metal price fluctuations. We collect and display data from the London Metal Exchange to show that such metal prices, in this case specifically cobalt and nickel, do indeed fluctuate and cannot be assumed to remain static or decrease consistently. We input this data into our model, which allows for a visualization of the effects of these metal price fluctuations on the prices of the CAMs. CAMs analyzed include various lithium transition metal oxide-type layered oxide (NMC and NCA) technologies, as well as cubic spinel oxide (LMO), high voltage spinel oxide (LNMO), and lithium metal phosphate (LFP). The calculated CAM costs are combined with additional cell component costs in order to calculate full cell costs, which are in turn scaled up to full battery pack costs. Economies of scale are accounted for separately for each cost fraction. Document type: Article