Automotive Engineering - May 2024 - 32
BATTERIES & RECYCLING FEATURE
" If there's anything
that's true in the
automotive industry,
it's how hard it is to
buck momentum. "
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Solid-state technologies tend to be
more thermally stable, so more weight
reduction could come with the deletion
of thermal-management equipment,
Huang said.
Managing investment,
managing expectations
Plante Moran's Lee and Lyten's Norman
said it would take continued government
investment in the industry to
bring new technologies such as these
to the automotive market. Lee said the
Inflation Reduction Act and the bipartisan
infrastructure law have $7 billion
earmarked for battery materials and
manufacturing research. But it will still
take plenty of private investment to
spool up future battery tech.
George Cuff, director of automotive for
the manufacturing intelligence company
Hexagon, said that despite the headwinds,
he sees battery production in the
United States growing year after year.
" Some of that expansion is being tempered
because of the overall market with
electric vehicles, but I do expect longterm
that the overall battery production
in North America will continue to rise year
over year, " he said. " It just may be later
than what was originally announced by
the OEMs and their battery manufacturing
suppliers like LG Chem and the other
battery suppliers out there. "
Norman had a word of caution for the
many companies clamoring to get the
attention of media and investors as they
explore the innovations that experts insist
will make their way into vehicles. " The battery
industry has not done itself a lot of
favors by getting giddy about technologies
that can't yet be scaled, " he said.
Sebastian Blanco contributed to this report.
32 May 2024
AUTOMOTIVE ENGINEERING
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Automotive Engineering - May 2024
Table of Contents for the Digital Edition of Automotive Engineering - May 2024
Automotive Engineering - May 2024 - INTRO
Automotive Engineering - May 2024 - SPONSOR
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