Fourth Phase of Battery Commercializiation to Start in 2017

Benchmark Mineral Intelligence released a note that looks at how battery commercialization has progressed, identifying four distinct phases, the last of which will begin in 2017.

As quoted in the market news:

By 2017, Benchmark expects to see a fourth phase of battery commercialisation emerge. As the sector gears up for significant new battery supply from megafactories in the US and China, in addition to new supply from Japanese are South Korean manufacturers, new lower cost output of lithium-ion cells will hit the market.

This will likely see increased uptake from electric vehicles and off-grid stationary (utility) storage which will use significantly larger batteries than those in Phases 1-3.

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