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Yahoo
01-07-2025
- Automotive
- Yahoo
Electric Vehicle Market Size, Trends and Forecast 2025–2034: Battery Innovation Driving Growth
According to Precedence Research, the global electric vehicle (EV) market size is projected to hit USD 2,529.10 billion by 2034 increasing from USD 890.72 billion in 2024, driven by battery innovation, charging infrastructure, and rising demand for clean transportation. Ottawa, July 01, 2025 (GLOBE NEWSWIRE) -- The global EV (electric vehicle) market size has been calculated at USD 988.70 billion in 2025 and is expected to rise from USD 1,097.46 billion in 2026 to approximately USD 2,529.10 billion by 2034. The market is reflecting a notable compound annual growth rate (CAGR) of 11% from 2025 to 2034. The strong government support, development of charging infrastructure, and advancements in battery technology drive the market growth. The Complete Study is Immediately Accessible | Download the Sample Pages of this Report@ Electric Vehicle Market Key Insights at a Glance The global electric vehicle (EV) market is set to surge from USD 988.70 billion in 2025 to a remarkable USD 2,529.10 billion by 2034, advancing at a solid CAGR of 11% from 2025 to 2034. Asia Pacific emerged as the undisputed market leader in 2024, commanding an impressive 49% share, driven by aggressive policy support, infrastructure rollout, and manufacturing dominance. North America is projected to be the fastest-growing region, fueled by rising consumer demand, climate-focused regulations, and EV-friendly government incentives. Europe continues to assert its position as a major EV powerhouse, backed by stringent emission norms and widespread electrification initiatives. Among propulsion systems, Battery Electric Vehicles (BEVs) led the market in 2024, reflecting a clear industry shift toward fully electric, zero-emission models. Fuel Cell Electric Vehicles (FCEVs) are expected to witness noteworthy growth, supported by innovations in hydrogen fuel technology and heavy-duty applications. By vehicle category, passenger cars captured the largest share in 2024, underscoring the rapid consumer adoption of personal electric mobility. The electric truck segment is poised for significant expansion, aligning with sustainability goals across logistics, transport, and commercial fleets. In terms of drivetrain, Front-Wheel Drive (FWD) vehicles held a major market share in 2024, while All-Wheel Drive (AWD) models are anticipated to experience accelerated growth due to performance demands and off-road capabilities. EVs with top speeds between 100 MPH and 125 MPH dominated in 2024, whereas vehicles under 100 MPH are gaining traction, particularly in urban and utility-focused markets. Low-priced electric vehicles led the market by vehicle class, pointing to growing affordability and mass-market accessibility. The mid-price EV segment is forecasted to register moderate yet steady growth, attracting cost-conscious buyers seeking advanced features. By end-use, personal EVs accounted for the lion's share in 2024, reaffirming consumer preference for clean, private transport. The commercial EV segment is on track for strong future growth, driven by fleet electrification, e-commerce logistics, and government mandates. Market Overview & Market's Potential An electric vehicle (EV) is a motor vehicle that runs on electricity instead of gasoline. Electric vehicles consist of various transportation modes, like electric boats & submersibles, electric spacecraft, road & rail vehicles, and electric aircraft. Electric vehicles are available in various types, like hybrid electric vehicles, fuel cell electric vehicles, battery electric vehicles, plug-in hybrid electric vehicles, and range-extended electric vehicles. Electric vehicles reduce emissions and offer cleaner air. The vehicles produce less noise pollution and require lower maintenance costs. Read the Comprehensive Report@ How is Electric Vehicles Market Growing? Growing Environmental Concerns:- The growing environmental concerns increase demand for electric vehicles to reduce emissions. The growing consumer awareness about environmental concerns and demand for sustainable transportation solutions increases the adoption of electric vehicles. Technological Advancements in Battery: - The ongoing advancements in battery technology enhance battery performance, increase driving range, and offer faster charging times. The advancements in solid-state batteries, silicon anode batteries, and lithium-ion batteries help the market growth. Growing Consumer Demand:- The growing disposable incomes of consumer increases demand for electric vehicles. The rising social media discussions, media coverage, and online reviews create awareness of the use, which increases demand for electric vehicles. Report Attributed Key Statistics Market Size in 2024 USD 890.72 Billion Market Size in 2025 USD 988.70 Billion Market Size by 2034 USD 2,529.10 Billion CAGR 2025-2034 11% Base Year 2024 Forecast Period 2025-2034 Largest Market Asia Pacific (49% market share in 2024) Fastest Growing Region North America Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa Segments Covered Propulsion Type, Components, Vehicle Type, Vehicle Class, Top Speed, Vehicle Drive, EV Charging Point Type, V2G, and Region Propulsion Types Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric Vehicles (PHEVs), Fuel Cell Electric Vehicles (FCEVs) Components Battery Cells & Packs, On-Board Charger, Motor, Reducer, Fuel Stack, Power Control Unit, Battery Management System, Fuel Processor, Power Conditioner, Air Compressor, Humidifier Vehicle Types Passenger Cars, Commercial Vehicles, Trucks, Buses Vehicle Classes Low-Priced, Mid-Priced, Luxury Top Speed Segments Less than 100 MPH, 100–125 MPH, More than 125 MPH Vehicle Drive Types Front-Wheel Drive (FWD), Rear-Wheel Drive (RWD), All-Wheel Drive (AWD) EV Charging Point Types Normal Charging, Super Charging, Inductive Charging Vehicle-to-Grid (V2G) Vehicle-to-Home (V2H), Vehicle-to-Building (V2B), Vehicle-to-Vehicle (V2V), Vehicle-to-Everything (V2X) Set up a meeting at your convenience to get more insights instantly! Electric Vehicle Market Top Companies Analysis BYD Company Limited: Achieved record-breaking results in 2024, selling 4.27 million EVs and hybrids (up 41% year-over-year) and generating $107 billion in revenue, surpassing Tesla Additionally, BYD opened its first overseas EV plant in Thailand and began construction of a factory in Indonesia. Hero Electric: Launched its innovative Surge S32 convertible EV (two- and three-wheeler) at Hero World 2024 and achieved record annual sales of over 100,000 units. Hyundai Motor Company: Partnered with TVS Motor Company to explore the development of advanced electric three-wheelers and micro four-wheelers in India, aiming to enhance last-mile connectivity. Additionally, Hyundai unveiled the eMoovy, an electric light commercial vehicle, in collaboration with IVECO at the IAA Transportation 2024 in Germany, featuring ultra-fast charging capabilities and a range of up to 320 km. Chevrolet Motor Company: Launched the Equinox EV, which became GM's best-selling electric vehicle in its first year. In the fourth quarter of 2024, it sold 18,089 units in the U.S., capturing 41% of GM's total EV sales during that period. Growing Expansion of Charging Infrastructure: Market's Largest Potential The growing expansion of charging infrastructure increases the adoption of electric vehicles. The growing availability of ultra-fast & fast public charging stations is fueling the adoption rate of electric vehicles. The growing development of public, home, and workplace charging stations increases the ownership of electric vehicles. The growing investment in charging infrastructure helps to develop various stations. The growing installation of EV charging in homes and businesses increases the adoption of EVs. The increasing network of charging stations makes it convenient for electric vehicle owners. The growing development of public charging stations increases the sales of electric vehicles. The growing expansion of charging infrastructure creates an opportunity for the growth of the electric vehicle market. Limitations and Challenges in the Electric Vehicle Market Why is High Initial Cost a Major Limitation for the Electric Vehicle Market? Despite Several advantages of electric vehicles, the high initial cost restricts the growth of the market. Factors like expensive battery components, high investment in research & development, and electric drivetrain components increase the initial cost. The high cost of raw materials like cobalt, lithium, and nickel & complex manufacturing processes for the production of lithium-ion batteries increases the initial cost. The need for power electronics, electric motors, and other EV components is expensive. The growing research & development in electric vehicles requires extensive investments to optimize electric drivetrains, EV technology, and refine battery performance. The supply chain disruptions in batteries increase the initial cost. The high initial cost hampers the growth of the electric vehicle market. Browse Our Subscription Plans@ What is the EV market in Asia Pacific? According to Precedence Research, the electric vehicle (EV) market in the Asia Pacific region is anticipated to grow significantly, experiencing a 12.10% increase annually to reach a market value of $491.90 billion by 2025 and is expected to be worth around $1,377.10 billion by 2034. How did Asia Pacific Become the Powerhouse of the Electric Vehicle Market? Asia Pacific dominated the electric vehicles market in 2024. The rapid urbanization and growing middle-class population increase demand for electric vehicles. The growing environmental concerns, like climate change and air pollution, help in the market growth. The strong government support through various tax breaks & subsidies increases purchases of electric vehicles. The government investment in the expansion of charging infrastructure increases the adoption of electric vehicles. The growing advancements in battery technology and increasing local production of batteries increase demand for electric vehicles. The growing manufacturing of EVs in the region drives the overall growth of the market. China Electric Car Sales (2021-2024) Year China BEV China PHEV 2021 2.7 million 0.5 million 2022 4.4 million 1.5 million 2023 5.4 million 2.7 million 2024 6.4 million 4.9 million (Source: How Big is the India Electric Vehicle Market? The India electric vehicle market size was valued at USD 11.36 billion in 2024, and is expected to grow from USD 18.79 billion by 2025 to USD 1,053.10 billion by 2034. The Indian EV market is projected to grow at a double-digit CAGR of 57.3% from 2025 to 2034. India Electric Vehicle Market – Key Highlights Battery Electric Vehicles Lead the Charge: Among propulsion types, the battery-electric vehicle (BEV) segment is expected to dominate market share, driven by zero-emission goals and supportive government initiatives. Four-Wheelers Take the Revenue Crown: The four-wheeler platform accounted for over 58% of the market revenue in 2024, maintaining a stronghold due to rising consumer preference and expanding product offerings. Two-Wheelers on the Fast Track: The two-wheeler EV segment is set to be the fastest-growing platform, fueled by affordability, urban mobility needs, and growing adoption in tier II and III cities. Passenger Vehicles Dominate Vehicle Type: Passenger EVs held the largest market share in 2024 and are expected to continue leading the market, supported by growing consumer awareness and expanding charging infrastructure. Note: This report is readily available for immediate delivery. We can review it with you in a meeting to ensure data reliability and quality for decision-making. Click to Access the Full Report Sample Instantly | Schedule Your Expert Consultation Today India Electric Vehicle Market Leading Players Ather Energy Pvt Limited JBM Auto Limited Bajaj Mahindra Electric Mobility Limited Ola TVS Electrotherm What's Driving North America's Electric Vehicle Market Growth? North America is experiencing the fastest growth in the market during the forecast period. The growing advancements in battery technology and the increasing expansion of charging infrastructure are increasing the adoption of electric vehicles. The government support through incentives like investments, tax credits, and subsidies, and investments in charging infrastructure, helps in the market growth. The high disposable incomes and presence of well-established infrastructure for the production of electric vehicles drive the market growth. United States Electric Car Sales (2021-2024) Year China BEV China PHEV 2021 0.5 million 0.2 million 2022 0.8 million 0.2 million 2023 1.1 million 0.3 million 2024 1.2 million 0.3 million (Source: Electric Vehicle Market Segmentation Analysis By Vehicle Type Analysis Why did the Passenger Car Segment Dominate the Electric Vehicle Market? The passenger car segment dominated the electric vehicle market in 2024. The growing personal transportation needs increase demand for passenger cars for short-to-medium distance travel and daily commuting. The strong government support through subsidies, financial incentives, and tax breaks increases the purchase of passenger cars, helping in the market growth. Growing awareness about climate change and the growing expansion of charging infrastructure increases demand for passenger cars. The growing advancements in battery technology & vehicle design, and the availability of various body styles of electric passenger cars like SUVs, sedans, & hatchbacks, drive the overall growth of the market. The truck segment is the fastest-growing in the market during the forecast period. The rise in e-commerce and growing last-mile delivery solutions demand increases the adoption of electric trucks. The growing business focus on sustainability goals and lowering environmental impact increases demand for electric trucks, helping the market growth. The growing advancements, like the integration of autonomous driving technology and increasing demand for medium-duty electric trucks for municipal services & logistics, support the overall growth of the market. Also Read: Autonomous Last Mile Delivery Market to Reach $44.56 Billion by 2034 Also Read: Last Mile Delivery Transportation Market Transforming Urban Logistics and Customer Experience By Propulsion Type Analysis How Battery Electric Vehicles Segment Dominated the Electric Vehicles Market? The battery electric vehicles segment dominated the electric vehicle market in 2024. The growing demand for minimizing greenhouse gas emissions and cleaner air increases the adoption of battery electric vehicles. The growing advancements in battery technology, like battery lifespan, battery energy density, and charging times, help in the market growth. The growing expansion of private & public charging infrastructure increases the adoption of battery electric vehicles. The rising investment in battery technology and the growing demand for public transport & autonomous delivery vehicles drive the market growth. The fuel cell electric vehicles segment is the fastest-growing in the market during the forecast period. The growing investment in the hydrogen refueling infrastructure development increases the adoption of fuel cell electric vehicles. The increasing advancements in fuel cell efficiency help in the market growth. The rising demand for clean energy sources for vehicles increases the adoption of fuel cell electric vehicles. The key manufacturers like Honda, Toyota, and Hyundai support the overall growth of the market. Also Read: Carbon Capture and Storage Market: Key to Unlocking Global Net-Zero Ambitions Also Read: Controlled Environment Agriculture Market: Transforming High-Tech Food Production By Drive Type Analysis How Front-Wheel Drive Held the Highest Share of the Electric Vehicle Market? The front-wheel drive segment held the highest revenue share of the electric vehicle market in 2024. The growing consumer demand for longer driving ranges and energy-efficient vehicles increases demand for front-wheel drive. FWD system lowers production cost and needs fewer parts, like complex gearboxes & driveshafts. It consists of a space-efficient design and focuses on affordability & efficiency. The growing demand for smaller vehicles in urban areas increases demand for FWD, driving the overall growth of the market. The all-wheel drive segment experiences the fastest growth in the market during the forecast period. The growing consumer preference for electric vehicles increases demand for all-wheel drive. It offers better control & grip on uneven & slippery roads. The growing demand for safer driving experiences increases the demand for all-wheel drive for better stability, acceleration, and braking. The growing advancements in AWD systems, like innovations in sensor & software technology, drive the market growth. Also Read: Electric Bicycle Market Growth Fueled by Smart Mobility and Urban Commuting Trends Also Read: Automotive Components Market: Advancing Performance and Lightweight Innovations By Vehicle Speed Analysis Which Vehicle Speed Segment Dominated the Electric Vehicle Market in 2024? The 100MPH-125MPH segment dominated the electric vehicle market in 2024. The growing focus on a comfortable driving experience in highways and city environments increases the adoption of 100MPH-125MPH. This offers an optimal balance between speed and range. The speed is a blend of range, practicality, performance, and affordability. The growing travel to longer distances and growing applications in commercial and passenger vehicles drive the market growth. The less than 100 MPH segment is the fastest-growing in the market during the forecast period. The growing errands and daily commutes increase demand for less than 100MPH speed. The regulations of many cities for speed limits and traffic are fueling the adoption of less than 100MPH. The growing production of electric motorcycles and scooters, which consist of less than 100MPH, helps the market growth. The growing production of commercial vehicles like electric three-wheelers, delivery trucks, and e-bikes supports the market growth. Also Read: Electric Commercial Vehicles Market: Driving the Future of Sustainable Freight in the U.S Also Read: Last Mile Delivery Transportation Market: Accelerating Demand for Light Commercial Fleets By Vehicle Class Analysis Why Low-Price Segment Held the Largest Share of the Electric Vehicles Market? The low-price segment held the largest revenue share of the electric vehicle market. The growing demand for electric vehicles among a wider range of consumers increases the adoption of low-priced vehicles. The strong government support for purchasing EVs through incentives, subsidies, and tax breaks helps market growth. The growing expansion of charging infrastructure increases the adoption of low-priced electric vehicles, driving the overall growth of the market. The mid-price segment experiences the fastest growth in the market during the forecast period. The growing availability of various models and rising awareness about environmental benefits increase the adoption of mid-price vehicles. The increasing number of private and public stations helps in the market growth. The availability of various features in mid-price electric vehicles, like infotainment systems, advanced driver-assistance systems, and connectivity, supports the growth of the market. Also Read: Artificial Intelligence in Automotive Market: Powering the Future of Autonomous Vehicles Also Read: Autonomous Truck Market: Revolutionizing Long-Haul Freight with AI-Powered Driving Also Read: Autonomous Vehicles Market: How AI Is Reshaping the Future of Mobility By End Use Analysis Which End-Use Segment Dominated the Electric Vehicle Market in 2024? The personal segment dominated the electric vehicle market in 2024. The growing urbanization and increasing demand for transportation are increasing the adoption of personal electric vehicles. The increasing travel time and traffic congestion help in the market growth. The growing consumer demand for flexibility and convenient travel increases the adoption of personal electric vehicles. The growing expansion of home charging solutions and public charging stations drives the overall market growth. The commercial segment is the fastest-growing in the market during the forecast period. The rise in the e-commerce sector increases the adoption of commercial vehicles for logistics and delivery operations. The growing infrastructure project development and construction activities increase demand for commercial electric vehicles, helping the market growth. The rapid urbanization and increasing demand for urban transportation lead to higher demand for commercial electric vehicles. The growing demand for trucks, light-duty vehicles, and medium-duty vehicles supports the market growth. Related Topics You May Find Useful: The global Off-highway electric vehicle market size accounted for USD 7.83 billion in 2024 and is anticipated to reach around USD 102.26 billion by 2034, expanding at a CAGR of 29% from 2024 to 2034. The global electric vehicle motor market size is accounted at USD 12.39 billion in 2024 and is anticipated to reach around USD 83.36 billion by 2034, growing at a CAGR of 21% from 2025 to 2034. The global hybrid electric vehicle market size is accounted for USD 98.66 billion in 2024, and is projected to hit USD 119.08 billion by 2025, and is anticipated to reach around USD 647.46 billion by 2034, growing at a CAGR of 20.70% from 2025 to 2034. The global low-speed electric vehicle market size was estimated at USD 9.18 billion in 2024 and is predicted to increase from USD 10.57 billion in 2025 to approximately USD 36.52 billion by 2034, expanding at a CAGR of 14.81% from 2025 to 2034. The global industrial electric vehicle market size was estimated at USD 26.04 billion in 2024 and is predicted to increase from USD 29.17 billion in 2025 to approximately USD 79.48 billion by 2034, expanding at a CAGR of 11.81% from 2025 to 2034. The global luxury electric vehicles market size is calculated at USD 223.05 billion in 2024 and is projected to surpass around USD 1,169.41 billion by 2034, growing at a CAGR of 18.02% from 2024 to 2034. The global electric vehicle (EV) tire market size is estimated at USD 28.34 billion in 2024 and is anticipated to reach around USD 337.20 billion by 2034, expanding at a CAGR of 28.10% from 2024 to 2034. The global electric vehicle (EV) charger market size accounted for USD 14.75 billion in 2024, and is projected to hit around USD 18.87 billion by 2025, and is expected to reach around USD 174.09 billion by 2034, expanding at a CAGR of 28% from 2025 to 2034. The global silicone in electric vehicles market size was USD 6.70 billion in 2023, calculated at USD 7.33 billion in 2024 and is expected to reach around USD 18.04 billion by 2034. The market is expanding at a solid CAGR of 9.42% over the forecast period 2024 to 2034. The global electric vehicle relay market size is accounted for USD 24.08 billion in 2024 and is anticipated to reach around USD 429.73 billion by 2034, growing at a CAGR of 33.40% from 2024 to 2034. Electric Vehicle Market Top Companies Ampere Vehicles Hyundai Motor Company Benling India Energy and Technology Pvt Ltd BMW AG BYD Company Limited Chevrolet Motor Company Energica Motor Company S.p.A. Ford Motor Company General Motors Hero Electric Karma Automotive Kia Corporation What are Recent Developments in Electric Vehicles? In June 2025, Rolls-Royce launched the Spectre Black Badge EV in India. The price is staggering, Rs 9.5 crore, and the exterior is draped in deep black hues. The vehicle propels from 0-100 kph and delivers 91.77 kgm and 584 bhp of torque. The cabin consists of optional starlight headliners, open-pore wood, and hand-woven carpets. (Source: In June 2025, the Tata Harrier launched EV RWD variants in India. The EV combined torque is 504Nm, the rear motor produces 234bhp, and the front motor produces 154bhp. It consists of two battery packs, 75kW & 65kW, and the warranty of the HV battery will be 10 years. The features of the car are dual digital screens, level 2ADAS, 10 speakers, JBL music system, dual-zone climate control, powered & ventilated front seats, 360-degree camera, and connected car technology. (Source: In May 2025, MG Windsor Pro EV launched in India. The EV consists of a lithium iron phosphate battery and is available in three colors: Ceadon Blue, Aurora Silver, and Glaze Red. The features include traffic jam assistance, adaptive cruise control, and lane departure warning. (Source: The electric vehicle market report is categorized into the following segments and subsegments: By Vehicle Type Scooters Motorcycles Three-Wheelers Passenger Cars Buses Trucks By Propulsion Type Battery Electric Vehicle (BEV) Plug-in Hybrid Electric vehicle (PHEV) Fuel Cell Electric Vehicle (FCEV) By Drive Type Front-wheel Drive (FWD) Rear-wheel Drive (RWD) All-wheel Drive (AWD) By Vehicle Speed Less Than 100 MPH 100MPH to 125MPH Above 125 MPH By Vehicle Class Low Priced Mid-Price High Price By End Use Personal Commercial By Region North America U.S. Canada Europe Germany UK France Italy Spain Sweden Denmark Norway Asia Pacific China Japan India South Korea Thailand Latin America Brazil Mexico Argentina Middle East & Africa South Africa UAE Saudi Arabia Kuwait Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or Asia Pacific. 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Globe and Mail
18-06-2025
- Automotive
- Globe and Mail
Beyond Lithium-Ion: Why New Battery Technology Could Redefine Energy Storage
As the global energy transition accelerates, major players are stepping up to tackle the challenge of energy storage, an essential element in the clean energy equation. Companies like Tesla, KULR Technologies, and Eos Energy Enterprises are already shaping the future of battery innovation and grid resilience, with more developments on the horizon by them and newcomers. Tesla (NASDAQ: TSLA), long synonymous with lithium-ion-powered electric vehicles (EVs), is also a global leader in energy storage. Its Megapack system stores renewable energy at grid scale, helping utilities stabilize supply during peak demand. Tesla's commitment to scaling battery manufacturing through projects like Gigafactory Nevada has driven down costs and increased efficiency, making energy storage more accessible and dependable worldwide. Meanwhile, KULR Technology Group (NYSE American: KULR) is transforming how batteries operate under pressure. With a specialization in thermal management and battery safety, KULR's technologies, rooted in aerospace research, protect against thermal runaway, the catastrophic chain reaction of overheating that plagues many lithium-ion systems. Their solutions are already being deployed in electric mobility, aerospace, and energy storage applications, reducing the risk of fire and improving battery longevity. Eos Energy Enterprises (NASDAQ: EOSE), another industry disruptor, has made headlines with its Znyth™ battery, a zinc-powered, water-based system tailored for long-duration storage. The Znyth™ battery operates without lithium or rare earths, making it not only safer and more environmentally friendly but also resilient against supply chain volatility. Eos' battery is particularly attractive for pairing with intermittent renewables like wind and solar, where long-term, stable discharge is key. While these industry leaders have made remarkable progress, a new player is making waves: BioLargo, Inc. (OTCQX: BLGO) and its Cellinity™ battery, a next-generation storage solution designed to overcome lithium-ion's biggest shortcomings. Enter BioLargo: A New Standard for Safe and Sustainable Energy Storage Li-ion batteries have long been the cornerstone of the rechargeable battery market, powering everything from smartphones to EVs and grid-scale systems. Their high energy density, long cycle life, and relatively low self-discharge rates have made them the default choice for multiple sectors, contributing to a global lithium-ion battery market projected to grow from $115.89 billion in 2025 to nearly $499.31 billion by 2034, with a CAGR of 17.69%. However, li-ion tech is not without issues. Safety remains a pressing concern, especially with risks like thermal runaway and fire. Environmental challenges from mining rare earths and metals also raise red flags, not to mention degradation in battery performance over time. These gaps have pushed the industry to develop new technologies that can better meet modern energy needs. One such breakthrough comes from BioLargo's Cellinity™ battery. Built from the ground up to improve on lithium-ion's weaknesses, Cellinity™ eliminates risks of thermal runaway and dendrite formation, two primary causes of fire in traditional batteries. That's because it's not a lithium-ion battery at all. It is a unique battery chemistry using molten salt electrolytes. The result: greater storage capacity, faster charging, unlimited number of charges/discharges (20+ year lifespan), and no dendrite formations because there is zero ion transferred between electrodes. BioLargo Energy, the BLGO subsidiary developing this tech, trumpets the battery's chemistry as inherently non-toxic free from rare earth elements like lithium, cobalt or nickel and, no runaway fire risk. What sets Cellinity™ apart is not just safety; it's performance. The battery is optimized for long-duration storage applications such as grid-scale backup and renewable energy smoothing. It promises a longer operational lifespan, higher energy density than conventional lithium-ion, and a more stable performance curve, making it ideal for high-demand scenarios. Moreover, the Cellinity™ battery's environmental profile is a standout. It uses abundant, earth-friendly materials that avoid the ethical and ecological complications of traditional battery supply chains. Further, the materials are readily available in the U.S. This gives it a significant edge in both cost and sustainability because it can be easily recycled. It's not just BioLargo claiming to have the next big technological breakthrough— news released this morning adds strong third-party validation to their technology. BioLargo, Inc. announced that an independent evaluation by U.S. BESS Corporation has confirmed the breakthrough performance of its Cellinity battery technology for grid-scale energy storage. The assessment highlighted key advantages, including resistance to thermal runaway, use of commonly available and recyclable materials, and the absence of rare earth elements. As demand for large-scale energy storage surges—driven by AI, decarbonization mandates, and renewable energy growth—Cellinity offers a safer, more sustainable alternative to lithium-ion batteries, which are hindered by fire risks and sourcing challenges. The Broader Shift: A Market Ripe for Disruption BioLargo isn't alone in reimagining energy storage, but its approach aligns with a growing movement. As noted, Eos Energy's Znyth™ battery is redefining safety and scalability, while KULR's solutions are becoming essential safeguards across storage platforms. All these innovations are part of a broader shift toward cleaner, safer, and more resilient storage systems. Yet, where BioLargo distinguishes itself is in its holistic redesign of the battery architecture, engineering safety, performance, and sustainability as core principles from day one. With the energy storage market demanding alternatives to lithium-ion at scale, BioLargo's Cellinity™ battery may emerge as one of the most promising technologies on the horizon. In an increasingly electrified world, the companies driving next-gen battery innovation will help determine how sustainable and secure our energy future really is. With Tesla leading industrial deployment, KULR safeguarding systems, Eos scaling grid resilience and BioLargo pushing the boundaries of what a battery can be, the future of energy storage looks not just bright, but revolutionary. In fact, Cellinity™ isn't just a technological leap, may become the gold standard for next-generation, grid-scale energy storage. There's More to BioLargo While Cellinity™ alone could be enough to differentiate BioLargo, it is just one part of the BLGO family. The California-based company is a cleantech and life sciences innovator and engineering services solution provider. Its core products address PFAS (per- and polyfluoroalkyl substances, often called 'forever chemicals') contamination, achieve advanced water and wastewater treatment, control odor and VOCs, improve air quality, enable energy-efficiency and safe on-site energy storage, and control infections and infectious disease. The company's approach is to invent or acquire novel technologies, develop them into product offerings, and extend their commercial reach through licensing and channel partnerships to maximize their impact. In 2022, the company went viral with its Pooph! product marketed as 'the most powerful pet odor eliminator in the world.' With over thirteen years of extensive R&D, BLGO holds a wide array of issued patents, maintains a robust pipeline of products, and provides full-service environmental engineering. Its peer-reviewed scientific approach allows BioLargo to invent or acquire novel technologies and develop them to maturity through its operating subsidiaries, including BioLargo Energy, BioLargo Equipment, BioLargo Engineering, ONM Environmental, and its medical subsidiary Clyra Medical, which recently had news of entering into a series of agreements to advance the sales and distribution of its medical products in the U.S. and abroad. Disclaimer: All opinions and information provided above are intended for educational and research purposes only. The information provided above should be used as a starting point for conducting any research on the public companies discussed. All readers should do their own due diligence and research when determining which investment strategies are best suited for them or seek the advice of an investment professional prior to making an investment decision. The profiles of the above discussed public companies are not in any way a solicitation or a recommendation to buy, sell or hold their securities. BioLargo, Inc. has initiated for digital media advertising valued at two thousand five hundred dollars. Any forward-looking statements set forth in the article above are based on expectations, estimates and projections at the time such statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of words such as 'projects,' 'foresees' 'expects,' 'will,' 'anticipates,' 'estimates,' 'believes,' 'understands' or by statements indicating certain actions 'may,' 'could' or 'might' occur. There is no guarantee past performance will be indicative of future results or that any such forward-looking projections will occur. For a complete disclaimer, investors are encouraged to click here: BLGO IR Contact: Cavalli & Isaacs Investor Relations Richard Cavalli Phone: 303-956-1777 Email: RICHARDACAVALLI@ Howard Isaacs Phone: 562-987-4939 Email: HISAACS@ View more of this article on About Media, Inc.: Founded in 1999, is one of North America's leading platforms for micro-cap insights. Catering to both Canadian and U.S. markets, we provide a wealth of resources and expert content designed for everyone—from beginner investors to seasoned traders. is rapidly gaining recognition as a leading authority in the micro-cap space, with our insightful content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals. Want to showcase your company's story to a powerful network of investors? We can help you elevate your message and make a lasting impact. Contact us today. Contact: Media, Inc. Phone: (800) 558-4560 Ext: 101
South China Morning Post
05-06-2025
- Automotive
- South China Morning Post
Next-generation battery expert Zhou Jianbin leaves US for China as nations seek tech edge
In a move that indicates a potential shift in the global race for solid-state battery innovation and talent, a leading battery scientist with extensive academic and industry experience in the US has returned to a Chinese university to further his work on next-generation technologies. Advertisement Zhou Jianbin earned his PhD at the University of Science and Technology of China (USTC) in 2017 before working as a researcher at USTC and then in the United States at Pacific Northwest National Laboratory and the University of California, San Diego. He spent 16 months at Sonocharge Energy, a battery start-up in the US private sector, before returning to China in March as a special professor at USTC. 01:44 China's largest EV battery maker CATL celebrates strong debut at Hong Kong stock market China's largest EV battery maker CATL celebrates strong debut at Hong Kong stock market During his postdoctoral studies in 2017, Zhou was one of only 300 recipients nationwide of China's Postdoctoral Innovative Talent Support Programme, which recognised promising early-career scientists. Zhou's research focuses on the design and development of electrode materials and electrolytes for high-performance solid-state metal batteries, as well as exploring the application of novel electrochemical materials in fields such as catalysis and biomedicine. His notable achievements include work on lithium-sulphur and sodium-ion battery materials and the development of high-capacity energy storage devices. Advertisement Zhou has an extensive publication record in top-tier international academic journals, with more than 20 papers published in publications such as Nature, Nature Communications, Science Advances, Joule, Chem, Advanced Materials, Advanced Energy Materials and Advanced Functional Materials.
GSM Arena
29-05-2025
- Business
- GSM Arena
Realme smartphone with a 7,500 mAh battery arriving this year, 10,000 mAh battery phone coming 'soon'
Realme introduced the global GT 7 and GT 7T a couple of days ago at an event in Paris, France. Both smartphones pack massive 7,000 mAh batteries with 120W charging support. However, Realme isn't stopping at launching phones with 7,000 mAh batteries since the Chinese brand has revealed its plans to bring smartphones with even bigger batteries to the market. Realme GT 7 5G In a conversation with Android Headlines, Realme said that it wants to be associated with battery innovation, similar to how Oppo and vivo are associated with their camera advancements, and confirmed that it will launch a smartphone with a 7,500 mAh battery before the end of 2025. Realme GT 7T 5G While Realme didn't reveal the name of this 7,500 mAh battery smartphone, we believe it could be the GT 8 Pro, which the brand confirmed will be released this year. The Realme GT 8 Pro will be the successor to last year's GT 7 Pro, which was launched with the Snapdragon 8 Elite SoC, 120W charging, and a 6,500 mAh battery (5,800 mAh in India). Realme GT 7 (global model) In addition to confirming the launch of a 7,500 mAh battery phone in 2025, Realme said that a smartphone with a massive 10,000 mAh battery is coming soon but did not provide a timeframe for its launch. Earlier this month, Realme showcased a prototype smartphone with a 10,000 mAh battery. It was 8.5mm thick and weighed 215 g. The battery had a 10% silicon anode and achieved an energy density of 887 Wh/L. Realme used a motherboard that was 23.4mm tall (the smallest in the Android world) to maximize the internal volume available for the 10,000 mAh battery. Realme GT 7 Pro While we await more details from Realme about these big-battery smartphones, you can read our Realme GT 7 review to learn more about it, especially its battery endurance. After that, you can check out our unboxing of the Realme GT 7 Dream Edition, co-designed with the Aston Martin Aramco F1 team. Source 1, 2
Globe and Mail
16-05-2025
- Automotive
- Globe and Mail
GM's New LMR Battery Could Change the Game: Is it Ready to Lead?
General Motors GM is setting the stage for a big leap in EV battery innovation. The company just revealed plans for a new lithium manganese-rich (LMR) battery technology that could dramatically lower costs and boost the performance of its largest electric vehicles (EVs). If all goes according to plan, GM could become the first automaker to bring LMR prismatic battery cells to market — a move targeted for 2028. These new batteries are designed for GM's full-size electric trucks and SUVs like the Chevrolet Silverado EV and the Cadillac Escalade IQ. The LMR chemistry swaps out pricey materials like nickel and cobalt for more common and affordable manganese. This shift not only cuts raw material costs but could also help GM improve the range and weight efficiency of its EVs. GM claims that LMR batteries offer 33% higher energy density than today's top lithium iron phosphate (LFP) cells, all while maintaining comparable costs. This means more miles per charge without driving up sticker prices. Production is already on the horizon. Ultium Cells, GM's joint venture with LG Energy Solution, aims to begin preproduction in late 2027 and full commercial production in 2028. It's all part of GM's broader push to scale its Ultium platform and improve EV profitability. But GM isn't the only auto giant chasing this battery breakthrough. Ford F is also in the race, and it's moving fast. Last month, the company announced that it is developing its own LMR battery chemistry at its Ion Park R&D center in Michigan. Ford has already begun pilot production of second-generation cells and aims to roll out LMR-powered EVs before the decade ends. Ford sees LMR as the 'what's next' solution following its current use of nickel-manganese-cobalt (NMC) and LFP batteries. The company believes the chemistry could unlock longer-range, lower-cost EVs, especially crucial for scaling up mass-market adoption. Tesla TSLA, meanwhile, planted early seeds in this space. CEO Elon Musk floated the idea of high-manganese batteries as far back as 2020 during Tesla's 'Battery Day.' At the time, he said Tesla aimed to create cathodes with one-third manganese content to stretch its nickel supply further. Tesla holds patents related to LMR chemistry, but it is yet to share firm production plans. GM looks set to be the first to market with LMR batteries, Ford is close behind, while Tesla's earlier concepts still await a clear update. The Zacks Rundown for General Motors Shares of General Motors have lost around 6% year to date compared with the industry's decline of 13%. From a valuation standpoint, GM trades at a forward price-to-earnings ratio of just 5.28, significantly below the industry. It carries a Value Score of A. Image Source: Zacks Investment Research The Zacks Consensus Estimate for GM's 2025 sales and EPS implies a 6% and 12% decline, respectively, year on year. Estimates have been southbound over the past 30 days for the current and next quarter, as well as for 2025 and 2026. GM stock currently carries a Zacks Rank #5 (Strong Sell). You can see Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F): Free Stock Analysis Report General Motors Company (GM): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report This article originally published on Zacks Investment Research (
