We asked several companies “What are the critical changes in the battery industry landscape that will have a strategic impact on your success?” This week, we’re highlighting ALD NanoSolutions.
Lithium ion batteries for electric vehicles, consumer electronics, and distributed energy storage, along with new versions of lead acid batteries for vehicle start-stop fuel efficiency strategies, are driving today’s growth in the battery energy storage market. Longer term, grid-scale batteries will generate a large impact too. Overall, the dramatic changes and expansion of the battery industry are creating huge new materials markets. Every major chemical and advanced materials company in the world is attracted to this opportunity. However, for new devices like EVs to take meaningful market share, the materials for electrodes, electrolytes, and other battery components need to be engineered at the nanometer, or even atomic, scale. It is this demand for engineering new materials that improve energy storage, safety, and power management metrics, combined with the desired cost stack of inputs to the final battery price, that has a big impact on ALD Nano’s business. The key for us to succeed is to enable the new battery materials with atomic layer deposition technologies that not only solve various technical challenges to reach performance metrics, but can also scale at very low cost.
About ALD NanoSolutions
ALD NanoSolutions (ALD Nano) is creating cost-effective advanced materials through its unique portfolio of atomic layer deposition technologies to transform industries.