Energy Storage

Whilst IDTechEx expects EVs to continually improve in safety, there will always be the risk of a battery fire due to many potential causes. This presents an opportunity for those material suppliers making thermal interface materials (TIMs), flame-retardant materials, or fire protection materials.

Imagine mines with so much electricity production and storage that they do far more downstream processing. As reserves deplete, many will even transition to being zero-emission power stations and electricity storage for local communities and industry or even national grids. The cost of making-good becomes income from reinvention. That is the untold story of mining electrification, beyond the vital safety, greening, and cost reduction of electrics.

China's electric two-wheeler market is the largest electric vehicle market in the world. Some 29.66 million were produced in 2020 (with sales typically at over 98% of production). Today, however, the market is no longer seeing the explosive growth of the past, the IDTechEx report "Electric Two-wheelers 2021-2041" finds.

While they may have struggled to find their place in the market over the past few years, there will be significant adoption of redox flow batteries towards the end of the next decade according to a new IDTechEx market report, "Redox Flow Batteries 2021-2031".

Solid-state batteries keep on attracting tremendous attention and investment with the maturing technologies and closeness to mass production. Even with the influence of COVID-19, the potential market size is expected to grow to over $8 billion by 2031, according to IDTechEx's report "Solid-State and Polymer Batteries 2021-2031: Technology, Forecasts, Players".

A more value-added approach to repurposing redundant fossil fuel assets such as coal mines and power stations is available.

Thursday 22 July 2021 - Shifting Thermal Management Strategies. Thermal management of electric vehicles is a key consideration for range, performance, lifetime and safety of EVs. There are several key trends within the EV market, several of which will change the materials, designs and markets for thermal management.

The Vanadium Redox Flow Battery (VRFB) has been the first redox flow battery to be commercialized and to bring light to the flow battery technology. In the latest update of the IDTechEx report, "Redox Flow Batteries 2021-2031", a substantial forward-looking approach has been assumed in forecasting the trend of adoption of this technology, with a multi-billion market size in 2031.

Here come 600-mile electric cars and they will grab market share even as city cars. At last, you will be able to buy a car that lets you vacation in it wherever you wish.

2021 is cementing the electric car's dominant position in the future of the auto industry as OEMs have increased electrification targets, announced more battery-electric models, and planned new technology adoption strategies. To properly understand these trends, granular, high-quality data is essential.