Solid-state battery , one of the most promising next-generation battery technologies, has the potential to reshuffle the global battery supply chain, and a US$8 billion-market-size opportunity is potentially waiting for solid-state batteries , according to IDTechEX’s report " Solid-State and Polymer Batteries 2023-2033: Technology, Forecasts, Players ". The market demand for solid-state batteries mainly comes from electric vehicles, although energy storage systems and consumer electronics such as smartphones, tablets, and laptops are also its target markets, and the latter may come true earlier. Decarbonization requirements drive the movement of electrification, leaving huge market opportunities for electric vehicles. Solid-state battery addressable market. Source: IDTechEx Although lithium-ion technology has been dominating the market for about a decade and is very mature, with tera wat hours of lithium-ion batteries being manufactured, due to the performance limitation, environmental concerns, and supply chain security, next-generation battery technologies are still being explored. Among them, solid-state batteries have attracted tremendous attention in the electric vehicle sectors, with most automotive OEMs partnering or investing in solid-state battery technologies. Conventional lithium-ion battery manufacturing has been dominated by East Asia, with Japan, China, and South Korea playing a significant role. US and European countries are competing in the race, […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
