5 charts explaining the future of EV batteries

Excerpt from morningbrew.com

Successfully electrifying our world and decreasing our dependence on fossil fuels will hinge on a simple, familiar tech: batteries.

“Batteries are a key technology in achieving our goals for decarbonization, as well as improving reliability and resilience in our energy supply chain,” Haresh Kamath, program manager for energy storage at the Electric Power Research Institute (EPRI), told Emerging Tech Brew.

That’s especially true as it relates to electric vehicles, which largely run on lithium-ion batteries today. As companies rush into the rapidly growing EV industry, more resources than ever before are focused on making batteries more efficient, more affordable, and more widely available.

Here are five charts that outline some of the challenges and opportunities facing battery technology in the coming years, from scaling mining operations to squeezing more range out of battery cells.