A dual challenge for the battery industry: ramping up production while innovating game-changing chemistries for the future

Quick Summary:

Press contact: Florence Lièvre  Tel.: +33 1 47 54 50 71  Email: florence.lievre@capgemini.com A dual challenge for the battery industry: ramping up production while innovating game-changing chemistries for the future Battery innovation is fueling industry transformation, but overcoming current production ramp-up challenges will be crucial for European and US manufacturersLithium-ion batteries currently dominate due to their proven performance, scalability, and well-established supply chain, while next-generation batteries are gaining traction76% of manufacturers will need to upgrade or build new production lines to support the future generation of battery cells Paris, February 27, 2025 – The Capgemini Research Institute’s report The battery revolution: Shaping tomorrow’s mobility and energy’, published today, shows that batteries are transforming existing industries and enabling the emergence of new business models.

Battery technology is constantly evolving to improve performance and reduce costs While almost all (98%) battery manufacturers surveyed produce lithium-ion batteries (using liquid electrolyte), the industry is actively exploring alternative chemistries to support electric mobility and accelerate energy storage.

Advances will enable new business models but not without challengesAccording to the survey, batteries are enabling new business models in the mobility industry to make EVs accessible to a broader range of consumers: a majority (around 64%) of mobility players are exploring battery swapping; nearly two-thirds of automotive organizations are considering battery-leasing and over half Battery-as-a-Service (BaaS) model that allows EV owners to lease or rent their batteries, rather than buy them.

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Capgemini SE

Category: Technology

Markets: ChinaIndiaNorwaySingaporeSwedenUnited KingdomUnited States

Topics: FR0000125338 Paris:CAP

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 16:45:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 1215 words

Reading Time: 7 minutes read

Sentences: 41 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 26478958

View Article Analysis

About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 98 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

Publisher Details

Frequently Asked Questions