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Supercharge your battery research – Part 2

7. jun. 2021

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Battery technology has come a long way since the rudimentary voltaic pile was developed over two centuries ago. The breakthrough innovation of the lithium ion battery and its subsequent improvements has increased the use and accessibility of electronics, particularly in the consumer market. Electronics are more portable, affordable, and thanks to rechargeable or secondary batteries, they are becoming more sustainable.

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Expansion of application possibilities is another reason that energy storage research, particularly batteries, is currently a hot topic. For example, only a decade ago drones were the domain of the military industrial complex, and now a drone with a camera is a standard part of nearly any successful photographer or influencer’s gear. Thanks to an improved battery life and more cost-efficient materials, a drone now has an affordable price tag for a larger segment of the civilian population.

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This kind of disruption is happening in larger, more profitable markets as well. Tesla, a newsworthy brand thanks to their technological innovations and public relations, still has a small, albeit increasing, market share of the overall automotive market. Their success has challenged other established brands to recognize that a change from conventional combustion engines can be lucrative. Volvo and Ford are committed to be «fully electric» by 2030 [1]. General Motors (GM) has committed to not only be electric by 2035, but for their business to be carbon neutral by 2040 [2].