2025 Battery Vs 2024 Battery Technology. As the world transitions to renewable energy, 2024 has been pivotal in advancing sustainable battery technology. In 2024, the battery market experienced challenges and setbacks as weaker than expected ev demand produced the highest gigafactory capacity cancellations on record.
Other storage technologies include pumped hydro, compressed air, flywheels and thermal storage. Even if this happens, the technology will take a few more years to.