CHALLENGES IN BATTERY MANUFACTURING: TIME-TO-MARKET AND COST

Battery manufacturing requires scarce and therefore costly resources and raw materials, such as lithium, cobalt, and nickel. This makes product development and testing very expensive, especially when there is no financial revenue coming from these activities. However, it is essential to continue investing in product development and testing, as the production process is so complex that reducing these activities might have an unfavourable after-effect on final products and, as a result, customer relationships. 

Therefore, battery manufacturers must focus on making the product development process as efficient as possible. One way to achieve this is by adopting dedicated battery manufacturing software solutions that make product development and testing more efficient, streamline the manufacturing process, and reduce the time-to-market to give companies a competitive edge.