The developers of the lithium-ion battery won the Nobel Prize in Chemistry 2019, in recognition of a scientific achievement that has helped power our mobile phones, laptops, and electric vehicles (EVs). “It can also store significant amounts of energy from solar and wind power, making possible a fossil fuel-free society,” The Royal Swedish Academy of Sciences said , noting that lithium-ion batteries have created a rechargeable world over the past decade. In the new decade, batteries and battery technology are set to play an increasingly important role in bringing more electric vehicles and renewable energy to the market, analysts say. Rapidly declining costs and the potential to scale up existing and breakthrough battery and energy storage solutions are set to dramatically change the global mobility market and the power grid over the next ten years. A lot of investments will be necessary in scaling up emerging battery and energy […]