Falling costs make it hard to replace lithium as the major energy carrier, according to research by Arthur D Little

– By Michaël Kolk, Kurt Baes, Adnan Merhaba, Florence Carlot and Kars van der Steen, all at Arthur D Little

The future battery industry is likely to be much more complex. The market is made up of many applications of battery technologies, each with slightly different needs and requirements, where each will be best served by a specific technology.