Transport consumes approximately 30 per cent of energy in Africa. More than 90 per cent of it comes from liquid fuels. The sector is vital for economic development. Use of electric vehicles in the region is increasing. Dual carbon battery market might experience major growth in the coming years.
Global battery market is expanding every year. Japanese company, Power Japan Plus has recently come up with a new idea of dual carbon batteries, which is still in development stage. These batteries will get charged twenty times faster and lasts longer than high-end lithium ion batteries.
The battery, which is cheap to manufacture, safe and environmental friendly, could be ideal to improve the range and charging times of electric cars. The market for electric bikes and cars is roaring up in the recent years. The technology of this battery would allow you to charge a car in hardly 10-12 minutes instead of four hours. Because that battery has a capacity of 24 kWh, a back-of-the-envelope extrapolation would give a charging time of 42 minutes for the 85 kWh battery of a top of the line car.
It is expected that electric vehicles with the ability to drive 300 miles (480 km) on a single charge may soon be a reality. The dual carbon new battery is cheaper, safer, and 100% recyclable, making it an attractive option that could bring high-performance electric cars to market more quickly. The Ryden dual carbon battery could be the energy storage break-through needed to bring green technology like electric vehicles to mass market.
The construction of this battery is very simple. The anode and the cathode of the battery are both made out of carbon with an organic electrolyte solution that allows for ion current to flow separately. This also does not require the use of any rare Earth metals or other rare metals, significantly cutting down on the price of each unit.
Thermal stability means that this battery will not heat up while in use or during charging, and removes the threat of thermal explosion and making for a safer battery. This also means that expensive cooling systems do not need to be used, also driving down the price. The battery is stable enough to be discharged completely without harming the longevity of the product. Currently, the Ryden battery is rated for 3,000 charge/discharge cycles before the function of the battery begins to diminish. To put that into perspective, current electric cars advertise 300-500 charge cycles before the owner needs to think about replacing the battery.
Production is set to begin soon, initially producing 500-5,000 batteries per month. The first batteries produced are slated to be used in satellites and medical devices, and will expand operations when the technology is licensed out for use in electric vehicles.
How would this report help?
The report discusses the dual carbon battery markets present trends and growth prospects explaining drivers and constraints of the industry and present market scenario. It also talks about global dual carbon battery market analysis and demand forecasts to 2020, which is further segmented in to type and by geography, which would be helpful to service providers, operators and investment companies those who are looking to invest in this sector. The report also includes, total market share of the key vendors and their business strategies particularly towards this segment, making it easy to pick a suitable service provider for oil and gas companies based on their budget and geographic conditions. The report also has key company information and competitive landscape.