Global Next-Generation Advanced Batteries Industry Is Poised to Hit 6950.27 Million USD by 2026, with CAGR Market Growth of 78.94%
Despite the progress made to date by commercially available lithium ion (Li-ion), advanced lead-acid, flow, and molten salt batteries, the path toward the commercialization of new battery chemistry continues. The next-generation advanced battery chemistry at laboratory-scale research or pilot-scale production levels today include lithium sulfur (Li-S), lithium solid-state (Li-SS), next-generation flow, and metal-air. Their advent is occurring alongside an enormous growth in the worlds appetite for advanced energy storage devices. Increasingly, this will include electric vehicles, energy storage and consumer...
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