Addressing Technology Gaps through Technology Collaborations on Advanced Cell Chemistry Batteries

Global demand for batteries is set to grow 20% annually, reaching a USD 360–410 billion market by 2030. The transport sector alone will need 5,600 GWh of batteries to stay on track for net-zero by 2050. This report explores how international collaboration on advanced cell chemistry (ACC) can bridge cost, safety, and supply chain gaps, unlocking innovation for clean power and mobility.