Global Advancements and Current Challenges of Electric Vehicle Batteries and Their Prospects: A Comprehensive Review (original) (raw)

Battery electric vehicles (BEVs) have started to play a significant role in the transport sector and automotive industries. The broader market penetration of BEVs has still not been achieved due to significant barriers associated with initial costs and short driving ranges. The purchase price and a limited driving range are barriers that are inevitably associated with battery technology. Therefore, the growing demand for BEVs has expedited new innovative approaches to improve battery capacity and performance and to reduce battery costs. Considerable advancements have been employed to meet the challenges. However, there are still many challenges to make BEVs affordable and convenient for users. In this review, the main aims are to identify and address challenges by considering the prospects of BEVs in the future market and to explore the technological and financial difficulties of low energy density of battery materials, fast charging rate, battery lifetime, and cost-effectiveness, a...