Losing Power? The State of the Global Race for Batteries to Power Electric Vehicles and Modernize the Grid

As the auto industry shifts toward electric vehicles and the electricity grid draws more energy from variable renewables, high-capacity, high-performance and affordable batteries are becoming one of the most important areas of technological innovation needed to reduce carbon emissions. This is why batteries are emerging as a strategic focus for global manufacturing and innovation. Suddenly, governments, industry leaders, and new market entrants in North America, Europe, and Asia are racing to strengthen their capabilities to develop, produce, and use advanced batteries. The stakes are high as global value chains restructure to supply this critical new component for the auto and electric power equipment industries: There will be new jobs and profits to be earned for decades to come. Who will capitalize on the opportunity?

Join ITIF for an expert panel discussion providing an up-to-the-minute perspective on the state of the global battery race. Speakers will include Tobias Schmidt of ETH-Zurich, co-author of a recent Sciencecommentary on Europe’s strategy, and Joanna Lewis of Georgetown University, co-author of a recent World Bank report on China’s low-carbon energy sector. ITIF senior fellow David Hart, co-author of a recent commentary in Jouleon energy storage innovation, will moderate.

Follow @ITIFdc and join the discussion on Twitter with the hashtag #ITIFenergy.