IDTechEx predicts alternatives to Li-ion are set to play an increasingly important role due to their potential for improving cost and safety, easing material supply burdens, and less demanding requirements on energy density.
Russia's invasion of Ukraine has led to a surge in prices of metals used in cars - from aluminum in the bodywork to palladium in catalytic converters to the high-grade nickel in electric vehicle batteries.
Energy Secretary Jennifer Granholm and other officials speaking at this week's CERAWeek conference said the need to domestically produce more metals is rising.