Lithium-ion batteries are integral to modern life, powering our smartphones, laptops, electric vehicles and countless other gadgets and devices. As the world moves towards renewable energy and electric transportation, the demand for better performing and cheaper lithium-ion batteries is skyrocketing.
Patent analysis reveals that South Korean companies are likely to dominate the lithium-ion battery patent landscape in the near future, surpassing Chinese, Japanese and US firms in both quantity and quality.
The importance of lithium-ion batteries
Lithium-ion battery technology is a crucial part of three mega-trends: mobile electronics, renewable energy and electric vehicles.
