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Global Lithium-ion Battery Market Report 2021-2026: Focus on Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Nickel Manganese Cobalt & Lithium Manganese Oxide


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The global lithium-ion battery market reached a value of US$ 34.1 Billion in 2020. Looking forward, the global lithium-ion battery market to exhibit strong growth during the next five years.
A lithium-ion battery (LIB) is a rechargeable battery that utilizes an intercalated lithium compound as its electrode. Consisting of the anode, cathode and electrolyte, it is an electrochemical storage device that does not require complete discharge prior to recharging.
It is characterized by higher energy density, minimal maintenance and lower self-discharge rates when compared with its counterparts, such as nickel-cadmium batteries. It also offers a good energy-to-weight ratio and high open-circuit voltage. ....

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IIT Hyderabad researchers develop alternative to lithium-ion batteries


April 05, 2021
Low-cost dual-carbon battery has potential in EVs, high-voltage applications
The Electrochemical Energy Storage (EES) Lab at IIT Hyderabad has developed a 5V dual-carbon battery utilising self-standing carbon fibre mats as both electrodes (cathode and anode).
This new model sets aside the requirement for toxic, costly, and heavy transitional metals.
Energy economy based on renewable sources has been put forward as a way to shrug off the dependence on fossil fuel. Rechargeable lithium-ion batteries (LIBs) are projected to meet electric mobility, electric aviation, and stationary grid energy storage targets within the year 2030.
However, LIBs need toxic and costly metals like cobalt, nickel, manganese, etc., for functioning. Geologically unsymmetrical distribution of lithium and cobalt along with geopolitics and unethical child labour centreed on mining causes havoc and fluctuations in raw material prices. It affects the market price stability o ....

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