Episode 017: Opening Our Own Lab
In January 2023, our company will start the battery evaluation and inspection business at the Fulogic I.C.E. Lab. I.C.E. stands for Inspection, Cycle (charging and discharging), and Evaluation of the batteries. Why is our company, a trading firm, now entering the evaluation business? In this episode, I would like to explain the reasoning behind this decision. As you may know, the demand for lithium-ion batteries is surging worldwide. The biggest driver of this demand is electric vehicles (EVs) . In 2020, the total global shipment value of lithium-ion batteries was 5.9 trillion yen , of which 54% was for EVs. In 2021, the market grew to 8.4 trillion yen , with 58% going to EVs. The industry's growth rate was an explosive 142% in just one year , and the proportion occupied by EVs are increasing. So, how many lithium-ion batteries does an EV use? To put it simply, an EV uses 5,000 to 10,000 times the amount of battery capacity as a smartphone. From a battery manufacturer's ...