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FAQs
In a typical primary lithium battery, the anode is constructed from lithium metal and the electrolyte is composed of either organic solvent, inorganic liquid, or solid material. Among the common primary lithium battery chemistries are thionyl chloride, silver vanadium oxide, sulfur dioxide, manganese dioxide, and solid-state iodine. Primary lithium cells have a nominal voltage of three – twice that of alkaline batteries – and a total energy output that is as much as three times higher than alkalines.
Global demand for lithium batteries is forecast to increase 17% per year to $119 billion in 2026.
The fastest growth will occur in Europe, as motor vehicle industries in the region will rapidly transition to making electric vehicles as EU targets for the phase out of ICE cars approach.
Leading suppliers of lithium batteries include CATL as well as Samsung, LG Energy Solution, TDK, and Panasonic.
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