Determinants of lithium-ion battery technology cost decline

2021/01/01 by Micah S. Ziegler, Juhyun Song, Jessika E. Trancik · 1 citation
Engineering · Chemistry · Psychology · #Advancements in Battery Materials #Advanced Battery Technologies Research #Advanced battery technologies research #Battery (electricity) #Lithium (medication) #Lithium-ion battery #Cost reduction #Ion #Chemistry #Environmental science #Business #Thermodynamics #Physics #Psychology #Power (physics)

paper · pdf · doi:10.1039/d1ee01313k

openalex publication_date 2021/01/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/25

Abstract

We elucidate why lithium-ion battery costs declined. We disentangle cost change mechanisms and quantify their effects, and find that research and development, especially in chemistry and materials science, played an outsized role in cost reduction.

Citations

• Lithium batteries: a 50-year perspective, 1959–2009
• Electrical Energy Storage for the Grid: A Battery of Choices
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• Sources of Cost Overrun in Nuclear Power Plant Construction Call for a New Approach to Engineering Design
• The Economic Implications of Learning by Doing

Cited by

• Lithium-ion battery [wikipedia]