Energy storage lithium battery industry research

Why are lithium-ion batteries so popular?

Lithium-ion batteries are pervasive in our society. Current and projected demand is dominated by electric vehicles (EVs), but lithium-ion batteries also are ubiquitous in consumer electronics, critical defense applications, and in stationary storage for the electric grid.

What is the global market for lithium-ion batteries?

The global market for Lithium-ion batteries is expanding rapidly. We take a closer look at new value chain solutions that can help meet the growing demand.

Are lithium-ion batteries available long-term?

This study investigates the long-term availability of lithium (Li) in the event of significant demand growth of rechargeable lithium-ion batteries for supplying the power and transport sectors with very-high shares of renewable energy.

Are lithium-ion batteries the future of battery technology?

Conclusive summary and perspective Lithium-ion batteries are considered to remain the battery technology of choice for the near-to mid-term future and it is anticipated that significant to substantial further improvement is possible.

Why are lithium-based batteries important?

Lithium-based batteries power our daily lives from consumer electronics to national defense. They enable electrification of the transportation sector and provide stationary grid storage, critical to developing the clean-energy economy.

What are the applications of lithium-ion batteries?

The applications of lithium-ion batteries (LIBs) have been widespread including electric vehicles (EVs) and hybridelectric vehicles (HEVs) because of their lucrative characteristics such as high energy density, long cycle life, environmental friendliness, high power density, low self-discharge, and the absence of memory effect [, , ].