They’re niche right now, but it was always expected that they’d temporarily be niche for low-temperature applications while production scaled up enough to bring the price down. Once the price gets below lithium batteries, they should become the dominant batteries for grid storage, and grid storage is likely to one one of, if not the biggest, markets for batteries.
But that’s exactly what could be considered niche right?
They’re niche right now, but it was always expected that they’d temporarily be niche for low-temperature applications while production scaled up enough to bring the price down. Once the price gets below lithium batteries, they should become the dominant batteries for grid storage, and grid storage is likely to one one of, if not the biggest, markets for batteries.
That makes sense.