The Battery Supply Chain Is Becoming a Technology Platform

Batteries are no longer just components inside electric cars. They are becoming a platform technology that connects transportation, consumer electronics, renewable energy and power grids.

The significance is similar to semiconductors in an earlier era: improvements in cost, performance and manufacturing can create opportunities across many industries at once.

China’s battery industry has grown quickly because it combines large domestic demand with extensive manufacturing capacity across cathodes, anodes, separators, electrolytes, cells and pack assembly.