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18 Jul
12:16

Li-ion batteries to dominate demand by 2030: report

Global battery demand is set to jump fourfold to 4,100 gigawatt-hours (GWh) by decade-end, with lithium-ion technology expected to continue to dominate supply, according to a new report. Boston-based consultancy firm Bain & Compan notes emerging battery technologies such as solid-state and high-density sodium-ion batteries are still in their prototype and pilot stages. The market share of these batteries is expected to be in the single-digit range by 2030, Kal…
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