A metal–air electrochemical battery or cell chemistry that uses lithium oxidation at the anode and oxygen reduction at the cathode to induce potential difference and current flow is known as a Li-Air battery or Li-Oxygen battery. Research into harnessing power storage in an efficient manner began in the 1970s, and significant investment has been made in recent years. By the 2020s, technology is expected to be commercially viable. These are expected to find widespread use in smart electronics, electric vehicles, and power grid backup applications.
The automotive industry, particularly hybrid and electric vehicles, is likely to be the primary application for these batteries. These batteries are expected to become an essential component of electric vehicles due to their lightweight and small size. The Li-Air Battery Market is growing due to increased demand, urbanisation and industrialization, technological advancements, increased R&D efforts, and a diverse range of applications. On the other hand, a lack of effectiveness is expected to stymie market growth. The global lithium-air battery market is being driven by increased demand for electric vehicles and advancements in manufacturing methods. Because of their light weight, these batteries can be used in a variety of appliances, including electronic, electrical, and industrial equipment.
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