Electric vehicle growth is set to boost battery demand fourfold by 2030. With OEMs facing crucial decisions on battery technology and development strategies, flexibility in battery choices aligned with product roadmaps and corporate goals is essential. Explore our insights on navigating the EV battery ecosystem: https://atbain.co/4dejZnJ
All the more reason to expect Deep sea mining as the “next frontier” to keep up with higher demands.
As EV sector is growing and booming , the demand for the battery is gona go up certainly.
Has anyone wondered how these batteries are recycled. Actually recycling them is highly energy inefficient, where do they end up. Landfills.
Outstanding insights Bain & Company !
I'll keep this in mind
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2moOne perspective could be to look at ways to reduce the size of batteries. I believe that size is driven by the requirement to power increasingly heavier BEVs, deliver comparable performance to the combustion engine and to minimise the time spent charging. I’ve always wondered if there would be a way to put NFC charging in public roads? A constant trickle feed of charge could increase the range of smaller batteries and enable OEMs and battery manufacturers to produce more battery units for the same pool of scarce resource?