The biggest challenges for battery design are energy density, power density, charging time, life, cost, and sustainability. 

Advanced batteries, which are sophisticated versions with superior properties, are grabbing attention in accelerating the commercialization of EVs. Big deals from VC investors are pushing forward the advanced batteries funding to a new high, finds GlobalData.  

A GlobalData analysis reveals that the value of venture capital (VC) deals in advanced batteries shot up by 850% year-on-year (YoY) in 2021 with focus on lithium chemistries. 

Prasad Kakade, Senior Disruptive Tech Analyst at GlobalData, offers his views in the latest press release here: https://bit.ly/3OEZ7KT