Global Scans · Batteries · Weekly Summary

• [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] 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] Battery Energy Storage Systems are forecast to grow at a 14.86% CAGR through 2031, the highest rate across applications. Mordor Intelligence
• [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] For batteries, the decline in global cell and pack prices will spill over into Japanese product prices. note
• [New] More than 23 million new EVs, including battery and plug-in hybrids, are projected to hit the road in 2026. Investing News Network (INN)
• [New] Expected battery additions of 459 GWh in 2026 could shift 34% of new daily solar generation to non-sunny hours, nearly doubling from 18% in 2025. Ember
• 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
• Pairing electric bus charging infrastructure with appropriately sized battery storage and solar generation could reduce utility costs by more than 35% and generate approximately $15 million in lifecycle savings at a bus depot over a 20-year period. Office of the New York City Comptroller Mark Levine
• At Wards Island, DEP is advancing a 10 MW solar and 10 MW battery storage project expected to become the world's largest clean energy installation at a wastewater treatment facility. Office of the New York City Comptroller Mark Levine
• The first eVTOL (battery-powered) aircraft are expected to receive FAA certification within the next one to two years, St. Insurance Journal
• Today, Ultium Cells LLC, a joint venture between General Motors and LG Energy Solution, announced that it will begin producing lithium-iron phosphate batteries for Energy Storage Systems (ESS) enabled by a $70M investment in process retooling to be completed by Q2 2026. Ultium Cells LLC

Last updated: 23 August 2026