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Why lithium-ion batteries are so important

Why lithium-ion batteries are so important

David Roberts outlines the importance of lithium-ion batteries on Canary Media.

The C3 Take
  • Lithium-ion batteries are essential for renewable energy sources and electric vehicles.
  • The global market for EV batteries alone is expected to reach $1 trillion by 2030.
  • As we look to decarbonize our world, lithium-ion batteries will have an important role to play in an “all of the above” energy strategy.

“Cheap batteries could open up uses we haven’t even envisioned yet. What sorts of urban mobility vehicles, drones, planes or research outposts could we power? What kinds of ships or trains could we electrify? How could increasingly cheap, ubiquitous storage be coupled with increasingly cheap, ubiquitous solar energy?”

Read the full article here.

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