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In the coming decades, fossil fuels will become history and electrical drive trains together with renewable energy sources will take their place. As an effect of this, we see opportunities in two fields of innovation within the energy storage space. The first is related to the need for energy storage devices to support the electrification of vehicles; and the second to the need for grid-level storage devices and smart systems to balance supply and demand between the unreliable generation of energy from sun and wind on the one hand and the increasingly complex grid architecture on the other. However, we believe that the parameters that will drive success in these two fields are quite different. Within mobile storage, improving energy density , charging speed and convenience, and the ability to scale supply will be important factors.
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