Lithium-ion batteries are amongst the most important inventions of the last century. These devices power handheld devices, electric vehicles, and countless other staples of modern time. Since their creation in the 1990’s, the cost of manufacturing lithium-ion batteries has decreased drastically. A decrease of 97% in manufacturing costs is almost unfathomable, so it begs the question; what changed?
The truth is, a 97% reduction in cost does not happen overnight, nor does it originate from a single adjustment. This kind of change results from constant innovation in every step in the manufacturing process. Studies reveal that a significant portion of this price reduction came from continued research & development. Efficiency in manufacturing as well as design modifications are also cited as essential factors in the cost change. These improvements free up funds for manufacturers to invest in further innovation, perpetuating the cycle of growth.
CF Extrusion is dedicated to providing its customers with custom parts that will create efficiencies in their manufacturing process. These optimizations will grant your business the freedom to seek out further innovations and opportunities for growth.
Learn more about how extrusion-based fabrication of electrodes is being used for high-energy Li-ion batteries.
