Investment in battery technology is increasing, particularly in the US and Europe. This is due, in part, to the rising demand for electric vehicles and energy storage solutions, and is influenced by an array of geopolitical, sustainability, and technological factors. The battery revolution: Shaping tomorrow’s mobility and energy, the latest report from the Capgemini Research Institute, explores the current state and future trends of battery technology, focusing on investment, innovation, sustainability, and the impact on various industries.

This report is based on findings from a global survey of 750 senior executives in the battery, automotive, and energy and utilities sectors, spanning North America, Europe, and Asia-Pacific. The battery revolution: Shaping tomorrow’s mobility and energy also includes insights drawn from in-depth interviews with industry leaders.

Organizations are expected to increase battery recycling – yet two-thirds are still in the initial phases of sustainability initiatives.

Key issues and trends that are examined in the report include:

• Sustainability integration: As sustainability measures become more critical, batteries are emerging as a key factor in decarbonizing carbon-intensive sectors.
• Innovative chemistries: While lithium-ion batteries continue to dominate, the industry is actively exploring alternative chemistries, such as sodium-ion and solid-state batteries, to enhance performance and longevity.
• Changes to the value chain: Significant changes will need to be made in the value chain as battery manufacturers tackle challenges related to cost and profitability, R&D, manufacturing, supply chain resilience, and sustainability. This means that three out of four battery manufacturers will need to update or build new lines to support the production of next-generation cells.
• New business models: Automotive manufacturers are exploring innovative business models, such as battery swapping and battery-as-a-service (BaaS), to address infrastructure challenges and improve cost-effectiveness for electric vehicles.

How can organizations accelerate to a battery-driven sustainable future? Download the report now to find out, and discover more about the battery revolution.