Three things to take away
What are the most significant risks associated with the advancement of Li-Ion use and has the scale of their impact been overlooked
What are the vulnerabilities of Li-Ion battery use to businesses in operations, geopolitical competition and regulatory compliance
What are the insurance risk implications in Li-Ion battery use and how do risk management frameworks and compliance strategies fit in
Lithium-Ion (Li-Ion) batteries power everything from smartphones and laptops to electric vehicles (EVs) and renewable energy storage systems. Their high energy density, long cycle life and decreasing cost have fuelled widespread adoption across various industries around the world.
However, the growing use of these batteries comes with risk implications – for both consumers and businesses. What are these risks? And how are they likely to impact the insurance sector in the coming years?
What are the most significant risks associated with the advancement of Li-Ion use and has the scale of their impact been overlooked
What are the vulnerabilities of Li-Ion battery use to businesses in operations, geopolitical competition and regulatory compliance
What are the insurance risk implications in Li-Ion battery use and how do risk management frameworks and compliance strategies fit in
Lithium-Ion (Li-Ion) batteries power everything from smartphones and laptops to electric vehicles (EVs) and renewable energy storage systems. Their high energy density, long cycle life and decreasing cost have fuelled widespread adoption across various industries around the world.
However, the growing use of these batteries comes with risk implications – for both consumers and businesses. What are these risks? And how are they likely to impact the insurance sector in the coming years?
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