Battery Management Systems Remain Crucial in the Energy Storage Revolution

Posted on May 29, 2019May 30, 2019 by Louis Brasington

A key element in the quest for improved performance of batteries is the battery management system (BMS). BMS is the software layer that is responsible for the balancing of cells, protecting batteries from damage and sub-optimal operation. These are applicable to fixed energy storage as well as Electric Vehicle (EV) markets. Growing in parallel with the battery market, the BMS market now sits at $3.2 billion, with a CAGR of 21%, driven largely by the increased volumes of EVs and... Read More »

Battery Technology Innovation Beyond 2019 – What’s Next for Lithium-ion?

Posted on May 15, 2019July 10, 2019 by Louis Brasington

By the close of the next decade, lithium-ion battery factories around the world will have a combined production capacity equivalent to 22 Tesla Gigafactories. Despite a ten-fold drop in costs over the past decade, Lithium-ion battery costs are the biggest reason why electric vehicles (EVs) remain uneconomical compared to gas alternatives, with 30 to 50% of the cost of an electric car currently dedicated to the battery. This March, Volkswagen and battery maker Northvolt launched a consortium to promote EV... Read More »