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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
Nickel is the most important metal by mass in the lithium-ion battery cathodes used by EV manufacturers. Currently nickel makes up one-third of Nickel Manganese Cobalt (NMC) cathodes and eighty percent of a Nickel Cobalt Aluminum (NCA) cathodes.
The nickel foil self-regulates the batteryâs temperature and reactivity, which the researchers claim will allow just about any battery to fast-charge in just about ten minutes.
As an added bonus, the new battery technology will also allow a longer travel range from smaller batteries â saving both resources and weight in electric vehicles.
EC Power is currently working to manufacture and commercialise the new battery design.Using nickel in car batteries offers greater energy density and storage at lower cost, delivering a longer range for vehicles, currently one of the restraints to EV uptake.
The Global EV battery Nickel foil 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.
SPRING WISE Company Adding a nickel foil to EV batteries could speed up charge time while also reducing battery size and saving resources, time, and money
One barrier to the faster uptake of electric vehicles (EVs) is the time it takes to recharge them compared with filling a gas tank. But what if it could recharge an EV in just about the same time it takes to fill a tank with gas.
The user might be about to find out, thanks to research work conducted at Penn State University and college-based startup EC Power, and published recently in the journal Nature.
The researchers claim to have made a breakthrough in battery design which has enabled a ten-minute charge time for a typical EV battery.
The new technology uses an active method of temperature control, called internal thermal modulation, in order to keep batteries at the optimum temperature, allowing faster charging.
Rather than regulate the battery temperature using external heating and cooling systems, the researchers regulate the temperature from inside the battery. To achieve this, they developed a new battery structure that adds an ultrathin nickel foil, in addition to the anode, electrolyte, and cathode.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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