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Founded Year



Incubator/Accelerator | Alive

About TankTwo

TankTwo is a battery technology startup that creates low cost, high efficiency string cell batteries that charge quickly.

Headquarters Location

Teknobulevard 3

Vantaa, 01530,


+358 45 6603 239

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TankTwo Patents

TankTwo has filed 7 patents.

The 3 most popular patent topics include:

  • Battery charging
  • Battery electric cars
  • Battery electric vehicle manufacturers
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Latest TankTwo News

Advanced Lithium Ion Batteries Market is expected to grow at 15.90% CAGR | Market Research Future (MRFR)

Mar 10, 2021

Key industry participants in the global Advanced Lithium Ion Batteries market are SiNode Systems, Broadbit Batteries, Unienergy Technology, NGK, 24M, Johnson Battery Technology, Nano Nouvelle, US Army Research Lab, Voltaiq, PARC, Energous, and Tanktwo. | Source: Market Research Future Pune, March 10, 2021 (GLOBE NEWSWIRE) -- Global Advanced Lithium-ion Batteries Market Overview Advanced lithium-ion batteries are modern batteries with an extended lifespan designed for portable battery stations, electric vehicles, and electronic devices. Cost, performance, safety, and cycle life are parameters used for assessing the performance of batteries. The global advanced lithium-ion batteries market can expand at 15.90% CAGR over the forecast period (2020-2026), according to Market Research Future (MRFR). Its compatibility with hybrid vehicles can drive its demand. The global market growth is driven by investments in research on flexible lithium-ion batteries and increasing use of electronic devices. The expansion of the energy storage industry in developed countries can drive the installation of advanced Li-ion batteries. Manufacture of flexible electronics, wearables, and implantable medical devices can trigger a constant demand from the market. The decline in battery prices accompanied by improvements in battery capacity can favor the market in the coming years. But the waning capacity of the battery over time can hamper the market growth. COVID-19 Impact: The COVID-19 pandemic has glutted the demand of advanced lithium-ion batteries due to decline of electric and electronic products. Development challenges faced by energy, automotive, and consumer electronic sectors on fronts of shipment and production can negatively affect the market demand. China, one of the biggest producers of advanced Li-ion batteries, has closed its borders and restricted production for curbing the spread of the disease. Alternative sources of raw material in Taiwan, South Korea, and Japan are highly priced with manufacturers capable of meeting only short-term goals. Get Free Sample PDF Brochure Industry Trends: Research and development funding is expected to be in surplus as leading battery makers vie for being the top supplier for end-use industries such as automotive, consumer electronics, and other sectors. A team at the Japan Advanced Institute of Science and Technology (JAIST) have discovered a new binding copolymer called bis-imino-acenaphthenequinone-paraphenylene (BP) for gluing electrodes in a battery. It can extend the capacity of the battery and allow it to run 1,700 charge-discharge cycles. Subsequent production of electric vehicles in the coming years by various countries in a bid to reduce carbon emissions can work favorably for the global market. This can guide its success and its high usage. Segmentation: By material, it is divided into anode materials and cathode materials. The anode materials segment is expected to garner huge interest in the market owing to change in design of carbon materials and development of metal organic frameworks. Composite anode materials that have a higher resistance to electricity and chemicals are likely to be in high demand due to a surge in production of electric vehicles (EVs). Scientists at the International Advanced Research Centre for Pwoder Metallurgy and New Materials in India have developed a new material for anodes called carbon nanohorns. By component, the global advanced lithium-ion batteries market is segmented into solid-state electrolytes, separators, binders, solvents, and current collectors. The binder segment is bound to generate huge demand for the market owing to its need for joining electrodes of advanced batteries. On the flip side, the separators are likely to accumulate huge interest in the global advanced lithium-ion batteries market owing to being critical in separating the electrodes. Separators can ensure the safety of the device and prevent the growth of dendrites and other problems affecting the overall performance. Separators reduce the risk of short circuits or explosions. By end-use, the market is catering to automotive, industrial, consumer electronics, and others. The consumer electronics segment is deemed to dominate the market till the end of the forecast period. This is attributed to procurement of consumer electronic devices in China and the U.S. Growing complexities in device design and need for efficiency can lead the sector to be its biggest end-user. The automotive sector, on the other hand, is set to capture a significant market share owing to use in electric and hybrid vehicles. Rise in government funding and incentives provided by governments for deploying passenger and commercial EVs can drive the segment growth. Browse In-depth Market Research Report (111 pages) on Advanced Lithium Ion Batteries The advanced lithium-ion batteries market covers regions of North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW). North America is poised to reign in the global market due to the growing automotive sector and demand for advanced Li-ion batteries for battery station, inverters, and automobiles. Battery manufacturers are planning to streamline the supply chain of battery production in Asia and source their raw material needs from other than China in order to be stable. Incentives provided by the U.S Department of Energy for kickstarting innovation among research laboratories can stimulate market growth. Europe can assume the second position in the advanced lithium-ion batteries market owing to favorable government policies and deployment of EVs and battery storage devices in the region. Sustainability goals by countries in the European Union (EU) and their focus on lowering carbon emission levels can boost the demand for advanced batteries. The COVID-19 pandemic had disrupted the supply chain of various automakers with many of them opting for other sources of the raw material. Infusion of nearly USD 1 billion in Germany for lowering battery prices has led to several investments in various countries. Share Your Queries  Competitive Analysis: The advanced lithium-ion batteries market is experiencing several strategical implementations such as expansion, collaboration, mergers, and acquisitions. Consolidation of major material sources by manufacturers for bringing down battery costs is the primary priority of battery manufacturers. Key players involved in the market are US Army Research Lab, Energous, Unienergy Technology, Johnson Battery Technology, NGK, Voltaiq, Nano Nouvelle, PARC, 24M, SiNode Systems, Broadbit Batteries, and Tanktwo. Industry News Amara Raja, an Indian automotive battery maker, has decided to open a research hub for development of lithium-ion cells for the country. This can make it a suitable supplier after successful rollout of electric vehicles and plans for electrification by the Indian government. Discover More Research Reports on Energy and Power  Industry , By Market Research Future Browse Related Reports: Global Golf Cart Battery Market Research Report: Information by Battery Type (Lithium-Ion Battery and Lead Acid Battery), Product Type (6V, 8V, and 12V), Application (Golf Cart, Electric Coach, and Others), and Region– Forecast till 2026 Global Electric Vehicle Battery Charger Market Research Report: Information by Electric Vehicle Type (Battery Electric Vehicle and Plug-In Hybrid Electric Vehicle), Level of Charging (Level 1, Level 2 and Level 3), Application (Private and Public) and by Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2025 Flow Battery Market Research Report Information by Product Type (Redox & Hybrid), Material Type (Vanadium & Zinc-Bromine), Storage Type (Compact & Large-Scale), Application (Industrial & Commercial, Defense, Utilities), and Region-Global Forecast till 2023 Dual Carbon Battery Market Research Report: Information by Type (Disposable Battery and rechargeable battery), Application (Transportation, Electronics, Portable Power, and Others), and Region – Global Forecast till 2023 Global Micro Battery Market Research Report Information: by Component (Electrodes, Electrolytes, Substrates, Current Collectors and others), Type (Thin Film Battery, Printed Battery, Solid State Chip Battery), Product (Primary Battery and Secondary Battery), Capacity (Below 10 mAh, Between 10 mAh to 100 mAh and Above 100 mAh), Application (Consumer Electronics, Medical Devices, Smart Packaging, Smart Cards, Wearable Devices and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025 Global Solid-State Battery Market Research Report Information: by Type (Portable Battery, Thin-film Battery and others), Capacity (Less than 20 mAH, 20 mAH – 300 mAH, 301 mAH – 500 mAH and Above 500 mAH ), Application (Electric Vehicles, Electronics, Medical Devices, Wearable Devices, Smart Cards and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) – Forecast till 2025 Global Battery Storage Inverter Market Research Report: Information by Type (Single-Phase Electric Power and Three-Phase Electric Power), Application (Utility-Scale, Commercial and Residential) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025 Global Lithium Iron Phosphate Batteries Market Research Report: Information by Power Capacity (Up to 16,250 mAh, 16,251–50,000 mAh, 50,001–100,000 mAh and 100,001–540,000 mAh), Industry (Automotive, Power, Industrial, and Others), Voltage (Up to 3.2 KV, 3.2–12 KV, 12–20 KV and Above 20 KV), Application(Portable, Stationary, and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025 Global Submarine Battery Market Research Report: Information by Type (Valve-regulated Lead Acid Batteries, Flooded Lead Acid Batteries, and others), Application (Civil and Military) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025 Global Battery Recycling Market Research Report: Information by Chemistry (Lead-Acid, Nickel-Based, Lithium-Based and others), Application (Transportation, Consumer Electronics, Industrial and Others), Source (Automotive Batteries, Industrial Batteries and Consumer & Electronics Appliance Batteries) and Region - Forecast till 2026 About Market Research Future: Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

TankTwo Frequently Asked Questions (FAQ)

  • When was TankTwo founded?

    TankTwo was founded in 2013.

  • Where is TankTwo's headquarters?

    TankTwo's headquarters is located at Teknobulevard 3, Vantaa.

  • What is TankTwo's latest funding round?

    TankTwo's latest funding round is Incubator/Accelerator.

  • Who are the investors of TankTwo?

    Investors of TankTwo include Plug and Play Accelerator and Plug and Play Ventures.

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