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Next-generation batteries eye slice of $10 billion Li-ion market

Mobile energy storage is critical for everything from the phones and computers we carry, to the soldiers and weapons that protect us – and even to the cars we drive. While lithium-ion (Li-ion) batteries have established themselves as the leading technology today, exotic ideas such as lithium-air, lithium-sulfur, solid-state and zinc-air batteries offer up to 10 times better energy density. However, most are at early stages of development and none will attain parity with the Li-ion before 2024.

“The next generation of batteries remains mostly in research labs, undergoing fundamental development, and technologies led by Li-air, Li-S, and solid-state are still not yet ready for prime time,” said Cosmin Laslau, Lux Research Analyst and the lead author of the report titled, “Beyond Lithium-Ion: A Roadmap for Next-Generation Batteries.”

“However, customers will ultimately require the top-shelf performance that only technologies beyond Li-ion can provide – and leading companies like BASF, Toyota, and IBM are placing large and early bets,” added Laslau.

Lux Research analysts assessed the next-generation batteries, dispelling hype and identifying obstacles, and built a next-generation energy storage roadmap. Among their findings
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