Figure 1: Battery Patent Filings: CPC Class H01M1Battery Industry Growth and TrendsThe global battery industry is in a period of rapid expansion. While lithium-ion batteries continue to dominate, solid-state batteries are being carefully studied as a potentially safer alternative with higher energy density, as mentioned above. Solid-state batteries are batteries that use solid electrodes and a solid electrolyte instead of the traditionally liquid or polymer gel electrolytes used in lithium-ion batteries. ConclusionWith the spike in economic growth in the battery industry and the EV industry, the IP world is seeing a commensurate spike in battery activity. Battery companies, EV companies, and suppliers should carefully evaluate their IP policies and practices to best position themselves competitively.

Source: Wall Street Journal January 06, 2022 19:32 UTC