White paper
Monolith Battery Report 2024: Advances, Testing & 2025 Outlook
Discover the 2024 EV battery landscape, innovations, and how OEMs leverage next-gen batteries to reshape energy storage for 2025 and beyond.
Executive summary
The electric vehicle (EV) battery sector significantly transformed in 2024, driven by increasing global demand and persistent supply chain challenges for critical materials such as lithium, nickel, and cobalt. In response, manufacturers and researchers intensified their focus on developing alternative battery chemistries and improving manufacturing processes, with notable advances in solid-state batteries and sodium-ion technologies.
Looking ahead to 2025, the industry is positioned for breakthrough developments in the commercial-scale production of new battery chemistries that reduce dependency on critical materials. Integrating AI-powered testing solutions and enhanced recycling capabilities will accelerate battery development cycles while addressing sustainability concerns. This would mark a crucial step forward in meeting growing EV market demands while ensuring supply chain resilience.
This report...
✓ Explores how the 2024 electric vehicle market is being transformed by advancements in battery technologies and the forces driving this evolution.
✓ Addresses the pressing challenges in EV battery technology and highlights next-generation solutions poised to deliver superior performance and efficiency.
✓ Examines the profound industry implications of these advancements, offering insights into how they will shape the future of electric vehicles.
✓ delves into cutting-edge battery testing methodologies, including breakthroughs from Monolith AI, that are revolutionising the pace and precision of innovation in the field.
Download for an in-depth review of the 2024 EV battery landscape, innovations, and how OEMs are harnessing next-gen batteries to transform energy storage for the future.