The Race to Dominate the Batteries Market
energycioinsights

The Race to Dominate the Batteries Market

Energy CIO Insights | Friday, February 01, 2019

 

With the rise of electric cars, the demand for Li-ion is soaring. This transition to e-Mobility seriously challenges Europe’s position in the automotive market. By 2020, China will produce more than 70 percent of the lithium-ion batteries that cars run on. Europe is fighting back, hoping to build up to 20 gigafactories by 2026.

Batteries count for up to 40 percent of the value of the car, but Asia dominates production. China’s global market share is projected to rise to more than 70 percent by 2020. Europe’s efforts to scale end-to-end battery production won’t be straightforward as Asia has worked hard to control much of the semi-rare (cobalt and lithium) raw materials it needs from Africa and Australia.

Europe battery manufacturing industry lacks to scale end-to-end battery production. EU’s Battery 2030+ Vision can answer the end-to-end battery production.

EU’s Battery 2030+ Vision that aims to provide a competitive edge by disrupting discovery, development, and manufacturing processes for battery materials and technologies. Disruption lies in the Battery Interface Genome-Material Acceleration Platform (BIG-MAP) that has the potential for separation of the actual discovery, development, and manufacturing processes for battery materials and technologies. The Battery Interface Genome-Material Acceleration Platform (BIG-MAP) will provide an autonomous, high-throughput innovation, and acceleration platform capable of boosting the end-to-end discovery time for future ultra high-performance batteries.

Check it out - Top Most Battery Technology Solution Providers ( EnevateINCELL InternationalInventus Power )

The MAP will integrate artificial intelligence and data-driven modeling with predictive multi-scale computer simulations, autonomous synthesis robotics, in-line characterization and manufacturing in a versatile, independent infrastructure for accelerated discovery and optimization of ultrahigh-performance battery materials and interfaces. Europe will establish a common data-infrastructure for battery materials, bridging all elements of the development cycle, and spanning the European scientific community and industry. Europe will combine physical and data-driven models to establish the BIG, which will enable computational strategies for the inverse design of battery materials and interfaces. The holistic approach of EU 2030 vision holds the key to success.

For the record, “Smart batteries” and intelligent functionalities are quintessential to next-generation technologies. Europeans seem to have a first mover advantage with their innovation streak, and this could give them a competitive edge to stay ahead of the innovation curve.

Check Out:- The Manufacturing Outlook

Weekly Brief

Read Also