Abstract
Lithium ion battery technology is projected to be the leapfrog technology for the electrification of the drivetrain and to provide stationary storage solutions to enable the effective use of renewable energy sources. The technology is already in use for low-power applications such as consumer electronics and power tools. Extensive research and development has enhanced the technology to a stage where it seems very likely that safe and reliable lithium ion batteries will soon be on board hybrid electric and electric vehicles and connected to solar cells and windmills. However, safety of the technology is still a concern, service life is not yet sufficient, and costs are too high. This paper summarizes the state of the art of lithium ion battery technology for nonexperts. It lists materials and processing for batteries and summarizes the costs associated with them. This paper should foster an overall understanding of materials and processing and the need to overcome the remaining barriers for a successful market introduction.