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Press Release


  • TrendForce Reports Prices of Lithium-Ion Battery Cells Enters a Slow Climb; Supply of Polymer Cells Remains Tight
    10-19-2017 / Duff Lu
    The latest lithium-ion battery market report from EnergyTrend, a division of TrendForce, finds that the price upswing for battery cells has started to moderate since this third quarter. Although the price of cobalt reached a new high for the recent years during the third quarter, prices of battery cells have been climbing more slowly after the large hikes in the second quarter. The overall price increase in the battery cell market is anticipated to be even smaller for this fourth quarter. [ more ]
  • Prices of Lithium Battery Cells to Go Up in Second Half of 2017 Due to Seasonal Demand, TrendForce Reports
    07-10-2017 / Duff Lu
    The global market for lithium batteries witnessed an average price increase of 15% to 25% for battery cells in the first half of 2017 compared with the second half of 2016, according to EnergyTrend, a division of TrendForce. This rise was mainly attributed to the cobalt price hitting a five-year high. Going into the second half of 2017, the price upswing in the cobalt market is expected to start leveling off. On the other hand, seasonal demand during the same period will drive market for batteries used in x-electric vehicles (or xEV, which include plug-in hybrid electric and battery electric vehicles). EnergyTrend projects that battery cell prices on average will increase by about 10% this third quarter compared with the previous quarter and will continue to be on a gradual uptrend through the fourth quarter. [ more ]
  • High Cost of Cobalt Pushes Up Prices of Lithium Batteries for IT Devices by More Than 15% Between First and Second Quarter, Says TrendForce
    05-31-2017 / Duff Lu
    Compared against the average of the January to March period, prices of lithium batteries for IT devices have already risen by more than 15%, reports EnergyTrend, a division of TrendForce. The price trend of IT batteries started to turn in the fourth quarter of 2016, when the global cobalt market saw rising prices and China placed greater restriction on the domestic mining of cobalt ores. In the February and March of this year, the cobalt market saw another huge price jump. As a result, the price trend of IT batteries changed from a gradual climb to a sharp upswing. [ more ]
  • TrendForce Reports Market for Lithium Batteries Used in IT Products Reached Equilibrium in Second Quarter
    08-09-2016 / Duff Lu
    The latest lithium cell price report from EnergyTrend, a division of TrendForce, finds prices of cylindrical cells in the second quarter rose by 1~4% compared with the first quarter. During the same period, the overall production capacity of polymer cells also expanded, causing a 1~2% quarterly decline in polymer cell prices. In sum, the worldwide lithium battery market reached a healthy supply-demand balance in the second quarter. [ more ]