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Are solid-state batteries the future of electric cars?

LONDON, Jan 16 (Reuters) - Solid-state batteries hold the promise of more energy storage, longer driving ranges and faster charging for next-generation electric vehicles. Yet despite decades of research and billions of dollars invested, their future still looks elusive. Here are some of the companies developing these kind of batteries.

How will EV batteries help the energy transition?

Provided by the Springer Nature SharedIt content-sharing initiative The energy transition will require a rapid deployment of renewable energy (RE) and electric vehicles (EVs) where other transit modes are unavailable. EV batteries could complement RE generation by providing short-term grid services.

Are electric vehicles a good option for the energy transition?

Our estimates are generally conservative and offer a lower bound of future opportunities. Renewable energy and electric vehicles will be required for the energy transition, but the global electric vehicle battery capacity available for grid storage is not constrained.

Should EV batteries be used as stationary storage?

Low participation rates of 12%–43% are needed to provide short-term grid storage demand globally. Participation rates fall below 10% if half of EV batteries at end-of-vehicle-life are used as stationary storage. Short-term grid storage demand could be met as early as 2030 across most regions.