Report Highlights:
Advancements in battery technology and the electrification of the automobile have contributed enormously to the changing technological landscape we see all around us. Today, the race is on between different battery technologies to claim the top spot in a variety of applications. Ultimately, it is those applications and the fit between battery technology/chemistry and the requirements demanded by that application that will determine the victors of this war.
To better understand and forecast the coming changes within the battery market over the next decade — specifically, the lithium-ion battery (LIB) chemistries used in electric vehicles — PreScouter investigated:
- Relevant battery chemistries and their technological evolution
- The current state of the lithium-ion battery market
- An overview of external factors that will drive battery adoption, namely the cost evolution of key raw materials, supply/demand projections, and investments in the space from key players and governments.
