"Around 18% of the $3 trillion level EV market in 2030 would be lithium batteries in an unconstrained scenario. The improved performance and cost from solid-state and polymer batteries can only boost demand. The incumbent manufacturers are rapidly increasing the output of lithium-ion batteries in the meantime. Impressive newcomers to battery cell making, such as Tesla and Dyson, are investing heavily to launch next-generation cells of their own technology for their own EVs. The Toyota-Panasonic advanced battery joint venture is particularly formidable."