Chasing Efficiency: How the West Can Compete in the global battery market
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Description
In this episode, Our guest speaker Ken Hoffman highlights the competitive advancements in battery technology, particularly in China, where innovations in battery pack design allow for extended ranges and rapid recharge times, giving them an edge over Western models. Chinese electric vehicles (EVs) are also very cost-competitive, putting pressure on Western markets. To close the gap, Western companies are exploring new battery technologies aimed at reducing production costs and improving efficiency. Hoffman suggests that instead of replicating China’s large-scale production methods, the U.S. and Europe should focus on innovative, smaller-scale facilities. He emphasizes the importance of increased investment to build a strong domestic battery supply chain in North America and Europe. BatteryMBA is an accredited online training program focused on the battery industry. It offers a 12-week course with live and recorded sessions taught by top industry experts. Participants gain in-depth technical and business knowledge, covering various battery topics. The program includes weekly live interactive sessions, access to past and future lecture recordings, and opportunities for networking with a global community of battery professionals. Scholarships are available Website: https://www.battery.mba.
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