Global Scans · Batteries · Weekly Summary

• [New] Growing interest from the energy sector in securing future battery metal supplies is expected to support continued participation in seabed resource development and regional policy discussions through 2033. Persistence Market Research
• [New] Rising demand for critical battery minerals is expected to remain the primary growth driver, supported by accelerating electric vehicle production and the global transition toward clean energy technologies. Persistence Market Research
• [New] Battery design and optimization is expected to be the fastest-growing application, expanding at nearly 45.2% CAGR through 2033. Persistence Market Research
• [New] Lithium-ion batteries are expected to dominate the battery type category with 68% share in 2026, supported by superior energy density and proven flight heritage. Persistence Market Research
• [New] Battery Energy Storage Systems are forecast to grow at a 14.86% CAGR through 2031, the highest rate across applications. Mordor Intelligence
• [New] The energy storage segment is projected to register the fastest growth at a CAGR of 9.12% during 2026-2034, supported by rising demand for high-capacity batteries and long-duration space missions. Straits Research
• [New] The lithium-ion segment is projected to register the fastest growth at a CAGR of 9.64% during 2026-2034, supported by increasing satellite deployments, growing commercial space missions, and continuous advancements in battery technology. Straits Research
• [New] BMW Neue Klasse EVs: BMW's upcoming Neue Klasse electric vehicles are expected to introduce next-generation battery technology, improved efficiency, and advanced software systems. Business Fortune
• Several Chinese EV giants are shaping up as formidable competitors, as both BYD and CATL have announced plans to initiate small-scale production of solid-state EV batteries in 2027. Engadget
• A solid-state battery could potentially reach 80 to 90% of its charge in a matter of minutes. Engadget
• Honda took a major step toward producing its much-anticipated solid-state battery system in June 2026, striking a new partnership that it hopes will propel the automotive giant towards carbon neutrality. Engadget

Last updated: 23 August 2026