Sustainability : What’s Behind The Cost Decline For Lithium-Ion Batteries?
With a recent study finding that the costs of producing lithium-ion battery technologies have fallen by about 97 per cent since their commercialisation three decades ago, we look at the reasons why, and the possible implications. What Is A Lithium-Ion Battery? A lithium-ion battery is a type of rechargeable battery. The lithium ions in it move from the negative…