UAV BATTERY MARKET ANALYSIS

Market News

Key Developments

1. In February 2021, Shenzhen Grepow Battery co. Ltd. launched a newer version of the Tattu plus1.0 16000mAh 12S compact smart battery. This model is lighter than its predecessor.
2. In January 2021, RRC Power Solutions launched a newer version of the RRC1120 battery, with an increased capacity and a lower rate of self-discharge.
3. In March 2022, Plug Power and their South Korea-based partner, SK E&S, announced a partnership. The project is anticipated to involve constructing a sizable factory in the western port city of Incheon’s high-tech industrial zone. It is anticipated that it will create water electrolysis equipment and fuel cells for Asian markets. In 2024, production is anticipated to start.
4. In May 2022, Intelligent Energy received key government officials from the Germany-state of Saxony. The company wanted to explore partnership possibilities while showcasing its fuel cell technology as it tries to grow across Europe.