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INTRODUCTION
Solid-state batteries are a family of batteries that employ solid-state electrolytes rather than the liquid electrolytes used in typical lithium-ion batteries. Solid-state battery cathodes are one form of cathode used in solid-state batteries. The lithium ions are kept there during charging and are discharged there during discharging. The cathode is the positive electrode of a battery.
Lithium transition metal oxides, such lithium cobalt oxide (LCO), lithium nickel manganese cobalt oxide (NMC), and lithium iron phosphate (LFP), which are the same materials utilised in traditional lithium-ion batteries, are commonly employed as the cathodes in solid-state batteries. But rather than working with liquid electrolytes, the cathodes are made to function with solid-state electrolytes.
Comparing traditional lithium-ion battery cathodes to solid-state battery cathodes reveals a number of advantages. They are more energetic.solid-state battery cathodes have the potential to enable the use of high-capacity lithium metal anodes, which can further increase the energy density of the battery.
Investment in Solid State Batteries is increasing. Not only battery manufacturers, but also automakers, are investing in SSBs technology.
Furthermore, Solid State Battery entrepreneurs are raising funds to advance SSBs for many uses. As a result, we will witness additional advancements in Solid State Batteries in the next years. In fact, it is possible that commercialization of these batteries may begin shortly.
GLOBAL SOLID-STATE BATTERY CATHODE MARKET SIZE AND FORECAST
The Global Solid-State Battery Cathode Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
RECENT DEVELOPMENT
Electric vehicles (EVs), mobile phones, and other personal devices are all powered by lithium-ion batteries, which are also used to back up electrical power systems. These batteries are being created and improved at the same time to lower prices and boost performance and safety.
For instance, Purdue University researchers have developed an organic-based cathode (positive electrode) that may be combined with a solid-state polymer electrolyte to produce a battery that doesn’t rely on pricey nickel and in-demand cobalt to achieve high power and energy density.
COMPANY PROFILE
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