Enabling Ambitious Battery Production at Scale
TBMG-48225
06/01/2023
- Content
The battery industry is forecasted to grow tenfold by the end of the decade. This growth is driven by increasing demand for lithium-ion (Li-ion) cell batteries, predominantly for electrified transportation and energy storage. The high market demand and increasingly supportive governmental policies from many countries make for fierce competition between start-ups, joint ventures, and incumbents to determine the market leaders. New entrants and established suppliers face many of the same challenges of how to shrink scale-up time, reduce scrap rates, and maximize throughput while still meeting cost, quality, and sustainability targets. Traditional manufacturing practices cannot deliver on these ambitions.
- Citation
- "Enabling Ambitious Battery Production at Scale," Mobility Engineering, June 1, 2023.