The Next 12 Months

Predictions for the next 12 months 1.

SPACs continue to gain prominence and legitimacy as an accepted avenue for privately held cleantech companies to go public. Cleantech SPACs will raise >$3B USD in 2021.

BEV battery cell-level cost (volume-weighted average) will drop below $95/kWh.

Following the successful listing of QuantumScape, at least 3 new startups will be formed to commercialize “Beyond-NMC” chemistries such as Co-free, solid-state, Si-anode, Li-sulfur, etc.

Hybrid-state (solid+liquid) batteries will achieve 80Ah in industry.

Electric vehicles with 150 kWh packs will be announced.

AI/ML-first companies will enter the industry, at least 3 new (AI + Energy) startups will be formed.

Demand for skilled workers will continue to outpace supply. Average starting base salary for battery engineers in the US will be >$125k.

The Biden administration will announce a series of policies supporting cleantech, including new funding for research, EV subsidies, and support for the development of clean energy infrastructure.

EV market penetration to accelerate - global EV sales will top 3 million vehicles for the 1st time.

Municipal buses to electrify faster than any other segment of wheeled transport, accounting for >30% of global new bus sales. Overview

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Predictions

Extracted from the PDF; charts and images may read imperfectly.