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Exawatt provides bespoke projects targeted at particular client needs. Recent projects have included the following:


Cell manufacturing project

  • Modelled the current and future costs of our client’s battery cells production in different locations at giga-factory scales using our battery cost model
  • Electric vehicle market analysis and opportunity for our client’s cells

Solid state battery project

  • Modelled the current and future cost of our client’s solid electrolyte material
  • Modelled supply and demand of the raw material components of this SSE material and identified any potential supply bottlenecks
  • Built a bespoke cost model that predict the lowest likely manufacturing costs for our client’s SSB cell and how it might compete with mainstream cells

Partnership projects

  • Market analysis on China mainstream cell and pack COGs and prices including the material usage and cost differences between low nickel and high nickel CAM
  • Techno-economic cost analysis of mainstream cathode active material (CAM) ($/kWh) – precursor and lithiation steps (PDRA project with FutureCat)
  • FUSE internship focusing on bottom-up cost modelling of lithium iron phosphate and influence of dopants

Lithium demand research

  • Analysis of the amount of lithium carbonate required for an average electric (EV) battery pack
  • Lithium spot price and tracking

Due diligence

  • Market analysis of key battery materials, including graphite AAM and lithium

Talk to our team

Meet the energy storage team

Edward Rackley

Head of Energy Storage

Edward Rackley

Ed uses his electrochemical materials knowledge to inform our supply chain analysis and bottom-up cost modelling. He has a PhD in Chemical Engineering from the University of Sheffield, specialising in solid oxide fuel cell anodes. Ed’s industrial experience includes research into novel battery current collectors and spinel cathode synthesis.

Aaron Wade

Research Analyst (Energy storage)

Aaron Wade

Aaron focuses on detailed cost modelling for current- and next-generation cells in Exawatt’s energy storage team. He joined Exawatt as part of the Faraday Institution PhD industry placement programme in May 2021 and became a part-time research analyst in August 2021.

John Tinson, VP Sales and Marketing, Ilika
“When developing solid-state pouch cells for EVs, design to cost is critical for Ilika. Our engineering team needed to select electrolytes, dopants and additives that would be affordable and available when deployed at giga scale. Running a program with Exawatt allowed us to make better material selections and gave us insights into the rates of learning necessary on all items in our bill of materials.”

Dave OudeNijeweme, Senior Director for Battery Materials, Worley
“During my stint as Head of Technology Trends at the Advanced Propulsion Centre (APC) we were desperately looking for proper bottom-up cost analysis for batteries. Exawatt was one of very few who could. Applying the approach and techniques perfected in PV and semiconductors to batteries provided great results fast. I have found Exawatt’s ability to address complex problems and willingness to challenge conventional thinking a great asset that I hope to use again in future.”

Can Exawatt help you chart a path to decarbonisation through electrification?

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