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2nd March 2021

Next Generation Batteries

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In our analysis on next generation batteries, we found lithium-ion is here to stay.

Over the near to medium term this will remain the dominant battery technology for the primary energy transition use case – powering electric vehicles.

Material investment continues to be made advancing lithium-ion battery chemistry and architecture to improve power density, charge time and cycle life while reducing weight and cost.

A key challenge from an ESG perspective is the sustainability risk inherent in the rare earth minerals supply chain, in particular the cobalt supply. This metal is critical to supporting lithium-ion thermal stability and a high energy density but comes at a high social and environmental cost.

Our report looks at the inventions and innovations being made in critical technologies powering the energy transition, and their associated patents.

The next generation of batteries are mainly these three specific alternatives to lithium-ion:

  • Solid-state batteries
  • Lithium-sulphur batteries
  • Lithium-oxygen batteries

We look at where the patented technologies are by geography and organisation – and which organisations to look out for in the future.

Next Generation Batteries

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