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Podcast / Audio

92. Who’s winning the battery arms race? - Redefining Energy podcast

image credit: Credit: Redefining Energy / BMI
Laurent Segalen's picture
CEO, Megawatt-X

Laurent is a Franco-British financier, founder of Megawatt-X, the London-based global platform for Renewable Energy Assets. For the past twenty years, Laurent has been trading and managing...

  • Member since 2019
  • 178 items added with 158,638 views
  • Feb 15, 2023

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We discovered Simon Moores, CEO of Benchmark Minerals Intelligence, on YouTube, during a legendary testimony during the US Senate in 2019. Simon just blew our mind, so it had been an ambition for this show to bring him on. And we did.

With Simon, we analyse the whole supply chain of batteries, from mining (lithium, cobalt, nickel, graphite) to refining, down to the Gigafactories.

The battery industry has managed to scale x10 in the past six years and is expected to x8-x10 (depending on who you listen to) in the current decade. That would allow the electrification of the whole transportation sector!

Is there enough raw materials in the ground, are we going to go from one dependency to another? Can lithium be replaced? How is the state of the Nickel market after the 2022 meltdown? Can we create supply chains outside China? What is the impact of the IRA in the US? Will automakers get more involved in mining (we just witnessed the spectacular investment of GM in Thacker Pass)? Is there a new battery technology that would dent the domination of the Li-Ion batteries?

All those questions are so much more in a very lively discussion with Simon.

(We refer to Joe Lowry, that we respect and salute)


Benchmark Mineral Intelligence is an independent price reporting agency (PRA), data and supply chain intelligence provider for the lithium-ion battery and electric vehicle industry. 

We offer subscriptions and strategic advisory services to those in or looking to enter the active lithium-ion battery ecosystem. 




Also, very useful report on the State of Play in the Battery Industry

And don’t forget our “Book of the Year 2022”  “Volt Rush” on that topic.

We thank our partner Aquila Capital



Matt Chester's picture
Matt Chester on Feb 15, 2023

This is the type of arms race where no matter who wins, we all do because of how much we need this tech to advance. Competition will breed some great results here, no doubt!

Laurent Segalen's picture
Thank Laurent for the Post!
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