Global Scans · Batteries · Weekly Summary

• [New] Cylindrical cells are expected to maintain the leading position in the battery form category, accounting for approximately 45% share in 2026. Persistence Market Research
• [New] Lithium Nickel Manganese Cobalt Oxide (NMC) batteries are expected to lead the battery type category, accounting for close to a 35% share in 2026. Persistence Market Research
• [New] The fastest-growing product type is stationary LFP battery packs, estimated to achieve a CAGR of 6.5% from 2026 to 2032. 6wresearch
• [New] Growth in battery energy storage systems is expected to accelerate alongside expanding renewable generation, with the IEA identifying BESS as the fastest-growing power technology at present. Westpac IQ
• [New] China-based Geely Holding, parent company of the Geely, Zeekr, Lynk & Co, Volvo, Polestar, Lotus, and Smart brands, will begin pilot deployment of solid-state batteries across its brands in 2027, following real-world validation. Battery Technology
• [New] North America is expected to progressively reduce its dependence on imported battery cells and materials. Persistence Market Research
• [New] The forecast for electric vehicle sales in 2026 is positive, with over 10 million units expected to be sold worldwide, driven by declining battery costs and government incentives. Riley Vision
• [New] The US Energy Information Administration projects 86 GW of new utility-scale generating capacity for 2026, with battery storage alone accounting for roughly 24.3 GW of it - the second-largest source of new grid infrastructure in 2026. CLNZ Books
• [New] While solar and batteries will become effectively cheaper, non-hardware costs will set a floor for installation prices in Japan. note
• [New] A proposed €1.8 billion battery support package could further strengthen the European battery supply chain. Electric Cars Report
• [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

Last updated: 30 August 2026