The Battery Report 2021
Happy Monday and happy new year! Our first issue for the new year… welcome back! So many plans for the new year, but first, a recap of 2021.
2021 was an absolute juggernaut of a year for batteries. We were excited to work with BatteryBits to compile the annual BATTERY REPORT.
This report is 130+ pages long (get yourself a coffee and block off 2 hours of your day!) and summarizes the most significant developments in the battery industry in 2021. It’s a comprehensive and accessible overview of the current state of battery research, industry, talent, and policy. The battery industry is exciting, and we hope to lower the activation energy for anyone looking to learn more or break into the industry, and hopefully, we can catalyze more conversations on the state of batteries and the trajectory for the future.
Click the button below to access:
Huge appreciation to all the authors, contributors, and advisory committee who took part in the report. Wouldn’t have been possible without all the hands of the community.
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A few of our key takeaways from the report
Research: A lot of cool papers was published in 2021, though total papers were down slightly compared to 2020, with more review papers as well. A heavy focus on battery management related papers, and patents dominated by battery pack and battery management fields.
Innovators: A lot of cool new (and existing) startups in the innovation space! There was a lot of activity particularly in solid-state batteries, which we hone in on as a technology.
Key trends and movements: Noting down several hot topics from the year like OEM development strategies, patent applications, cell costs, the rise of LFP, and many more.
Investments: A record-breaking year of climate tech investments, with climate tech accounting for 14 cents for every VC dollar. We highlight investments of the year, key investors, and trends.
OEMs: Automakers are investing a lot in the future of their companies, coming to understand that ICE vehicles will not last forever.
Going public: Startups continue to go public via SPACs to raise capital quickly and efficiently.
Global Manufacturing: Looking at battery manufacturing capacity projections across the US, Europe, and Asia.
Joint Ventures: Electrification is a high contact team sport, and extraordinarily difficult to go at it alone. Partnerships and joint ventures bloomed in 2021 in order to maximize potential.
Policy: Governments are playing their part to support electrification goals across the globe through various demand-side and supply-side policies.
Sustainability: Recycling and sustainability are becoming a growing concern from a supply chain perspective, and more emphasis is being placed on life cycle analysis (LCA) of batteries, emissions, critical materials, recycling, and regulations.
Jobs: A huge number of jobs are being (and will continue to be) created, given the number of gigafactories projected in 2030.
… and much more. Once again, click the button below to access the report:
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