A Tesla Model S being charged, in 2016. Batteries, say automakers and utility companies, are still on track to become more powerful, cheaper and ubiquitous. — The Star
Three decades of advances took lithium-ion batteries from powering handheld Sony camcorders to propelling Tesla’s popular electric vehicles. The rapid rise is facing a major test in the Covid-19 pandemic.
Demand for rechargeable batteries will decline for the first time this year, as sales of electric cars – the biggest user – slump with novel coronavirus pummeling the auto industry, according to BloombergNEF forecasts. Battery shipments to carmakers are forecast to fall 14% in 2020, and the effects of the slowdown are seen lingering into next year.
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