The promotion and popularization of new energy vehicles has further stimulated the demand for new battery technologies. Nowadays, giants are rushing to buy cobalt materials, and the demand for lithium batteries continues to grow. Therefore, in the next 20 to 30 years, lithium batteries will still occupy a dominant position.

　　The promotion and popularization of new energy vehicles has further stimulated the demand for new battery technology. Nowadays, giants are rushing to buy cobalt materials, and the demand for lithium batteries continues to grow. Therefore, in the next 20 to 30 years, lithium batteries will still occupy a dominant position.

　　Although we often see the emergence of some new battery technologies, it is still too far to be truly commercialized on a large scale. In other words, lithium batteries will be the world in the future.

　　In order to protect the environment, more and more countries and regions are still pushing new energy vehicles, so this has also forced the demand for lithium batteries. To make lithium batteries, cobalt must be indispensable. Although scientists can change the design method or use other elements to replace certain elements, cobalt alone is difficult to be replaced, which is also the key to doubling its price a year.

　　A potential problem at present is that most of the world's cobalt ore appears as a by-product in the mining process of other metals. In 2017, approximately 69% of the world's cobalt ore was obtained from copper mining, and 29% was a by-product of nickel ore. Therefore, the supply of cobalt is largely determined by changes in the copper and nickel market.

　　Regarding the future of lithium batteries, Marc Grynberg, head of Umicore Materials, said: No element can increase energy density better than nickel, and no element better than cobalt can stabilize all energy. Therefore, it will not happen in the next 20 to 30 years, and lithium batteries are still king.

　　It was previously reported that some mobile phone manufacturers have prepared graphene batteries. This is a new generation of commercial batteries. Its biggest advantage is that the battery storage capacity under the same size is about 45% of that of lithium batteries, but it can be used in Fully charged within 12 minutes, and can maintain a high degree of stability in an environment up to 60 degrees Celsius. Looking at it now, we must continue to wait.