The future’s booming demand for batteries forges new global alliance

A new alliance aims to ensure that the booming demand for batteries supports sustainable development. The battery market is set for exponential growth. By 2050, batteries will power an electric vehicle market worth $2 trillion. It is estimated that a twelvefold increase in battery capacity is needed to meet the demand for electric vehicles and renewable energy storage by 2025 alone. The expansion of battery storage into the world’s energy and transport systems could be a game-changer in the fight against climate change. Read full article here