Image of green and silver batteries on the production line showcasing CRU's industry data and intelligence for the Battery Sector

Understand the Battery Sector

The battery sector is evolving rapidly as demand grows across electric vehicles and energy storage. At the same time, changing material markets, supply chains, technologies and production costs are reshaping the industry. 
 
CRU provides independent insight across the battery value chain, connecting developments in battery materials with technology, manufacturing and the end markets driving demand.

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Make Sense of a Changing Battery Market

Battery markets are interconnected. Changes in material prices can affect production costs, technology choices can reshape material demand, and developments in manufacturing and end markets can alter the competitive landscape.

CRU brings these dynamics together to help businesses understand what is changing and what it means for decisions across the battery value chain.  

Understand Market Fundamentals

Analyse the supply, demand, prices and market developments, shaping battery materials and the wider battery value chain.

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  1. Assess costs and competitiveness: Understand how raw materials, manufacturing processes and other inputs influence battery production costs and competitiveness.
  2. Track technology and market change: Follow developments in battery technologies and manufacturing, alongside the market forces influencing their adoption.
  3. Look ahead with connected forecasts: Understand how changes across materials, technology and end-use demand may shape the battery market.

Frequently Asked Questions

The battery value chain covers the interconnected stages involved in producing and using batteries, from raw materials and processed battery materials through to components, cell production and end-use markets such as electric vehicles and energy storage. CRU provides analysis across the battery value chain, connecting developments in materials, technology, production costs and market dynamics.  

Battery technologies use different combinations of materials depending on their chemistry and design. Key battery materials covered by CRU include lithium, nickel, cobalt, manganese, graphite, silicon and phosphates. CRU’s coverage extends beyond raw materials to anodes, cathodes, battery cells and the end markets driving demand.

Battery cell production costs are influenced by factors including raw material prices, battery chemistry, component costs, manufacturing processes and regional production conditions. Changes in these inputs can affect the cost and competitiveness of different battery technologies.  

Battery material prices can affect battery production costs and the economics of the wider battery value chain. Because different battery technologies use different combinations of materials, changes in material markets can also influence the relative competitiveness of battery technologies.  

Battery materials and battery technology are closely connected because different battery chemistries require different combinations and quantities of materials. Changes in battery technology can therefore reshape material demand, while material prices and availability can influence battery costs and technology choices.  

A Broader View of the Battery Market

Speak to our experts about CRU’s independent data, analysis and expertise across the battery value chain.  

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Why Choose Us?

CRU supports companies transitioning to clean technologies by providing detailed market analysis, insights into raw material demand, and forecasts on emerging technologies. We help businesses navigate the complexities of decarbonisation, supply chain shifts, and regulatory changes, enabling them to make informed decisions that align with sustainability goals and market demands.