NBM:CC - Innovations in Silicon Anode Materials: What You Need to Know
2024-01-09 16:00:00 ET
Silicon anode technology has gained increasing prominence recently for its potential to dramatically influence the trajectory of global electric vehicle (EV) adoption. Although originally cost prohibitive, recent innovations have effectively transformed silicon into a viable, high-capacity and high-performance alternative to graphite.
Consequently, the silicon anode market for lithium-ion batteries is slated to reach US$28.7 billion by 2032 , expanding at a compound annual growth rate of 54 percent.
Silicon anode batteries are becoming a game changer for lithium-ion batteries, representing a considerable investment opportunity. Understanding the technology is crucial in knowing where to invest.
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Innovations in Silicon Anode Materials: What You Need to Know