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The only obstacle to the battery wave is that the global battery production is far from enough. At present, all new demand in North America, Europe and Asia is constrained by a market heavily dependent on a few producers.

Facts have proved that the battery powered era is around us.

Electric cars are driving at a high speed on the highway, and household appliances are humming with the help of stored solar energy. But until now, solar energy is only a kind of energy that can be obtained in the daytime.

From the state government of California to the government of China and South Korea, even the Trump government has taken measures to accelerate the popularization of battery energy.

The only obstacle to the battery wave is that the global battery production is far from enough. At present, all new demand in North America, Europe and Asia is constrained by a market heavily dependent on a few producers.

Data on global battery supply is difficult to obtain, but people closely watching the industry have found evidence of insufficient battery supply. Yayoi Sekine, an analyst at BloombergNEF NEF in New York, said: "This kind of demand is unprecedented. However, the supply is hard to keep up."

However, it is strange that the price of lithium-ion battery racks continues to decline every year despite the shortage of supply and the expected growth of demand.

In order to have a clear understanding of the near future, consider battery powered cars. Today, there are more than 3 million electric vehicles running on the road worldwide; By 2025, Volkswagen alone plans to produce 3 million electric vehicles every year. The batteries of these vehicles (except those used by families, enterprises and public utilities) must have corresponding supply sources.

Here is a short guide to help solve the mystery of today's battery shortage and falling prices.

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