The first batch of electric vehicle batteries are reaching their retirement age and the next ten years will see a huge increase in the volume of retired batteries. What will happen to the huge amount of used EV batteries? IDTechEx has recently released the latest report named Second-life Electric Vehicle Batteries 2020-2030.

Since 2013, the global residential energy storage market has been dominated by Germany, but the country may be dethroned soon as promising new residential energy storage markets gather momentum.

One of the most rapidly evolving areas of energy storage in electric vehicles is the thermal management of lithium-ion cells. Although most of the focus is on cell chemistry advancements, improvements to the battery pack can have a significant advantage in safety, performance, and longevity.