First, the good news: According to the newspaper, the Daiwa Institute of Research projects that sales of lithium-ion batteries will more than double by 2020, reaching $22.3 billion annually. A year ago, the sales figure was $9.1 billion.
But here’s the bad news: The newspaper suggests that a multitude of Japanese companies are rushing to raise production, potentially creating a future situation in which supply exceeds demand. As a result, battery prices could plummet, even while the cost of creating the batteries is still high.
Battery experts have repeatedly told us that they don’t foresee a time when lithium-ion battery costs will drop below $300/kW-hr. If that’s true, and if The Wall Street Journal’s production assessment is accurate, don’t be surprised if we see makers of plug-in hybrids starting to search for some less costly battery alternatives. After all, manufacturers of plug-ins don’t necessarily need lithium-ion’s long range as much as the pure electric vehicles need it.
A quick look into the merger of two powerhouse 3D printing OEMs and the new leader in rapid prototyping solutions, Stratasys. The industrial revolution is now led by 3D printing and engineers are given the opportunity to fully maximize their design capabilities, reduce their time-to-market and functionally test prototypes cheaper, faster and easier. Bruce Bradshaw, Director of Marketing in North America, will explore the large product offering and variety of materials that will help CAD designers articulate their product design with actual, physical prototypes. This broadcast will dive deep into technical information including application specific stories from real world customers and their experiences with 3D printing. 3D Printing is