VFBATTERY REPORT
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Battery Report 2024, page 66: Costs

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  1. https://www.crugroup.com/
  2. https://www.crugroup.com/en/contact-us/
Text on page 66

The Battery Conundrum - Joint Venture Or Go It Alone? JOINT VENTURES CAN DECREASE TIME TO PROFITABILITY

Battery manufacturing is very difficult, with low scrap rates and high throughputs are needed to be profitable. So far, new manufacturers who chose to go it alone have seldom survived. Joint ventures with an experienced producer have been the most successful strategy. This is critical to rapidly decrease the time to ramp-up and increase customer confidence in the quality and reliability of supply. Although Chinese-origin companies are now increasingly willing to work with local partners, they – along with the Chinese government – are making a concerted effort to avoid the leakage of critical technical know-how.

Source: Content & analysis provided courtesy of CRU Group (Distinguished Partner). For more information, visit https://www.crugroup.com. Modeling an EV (power) cell with synthetic graphite anode.

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