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Why This Battery Breakthrough Could Make EVs Cheaper
Posted
June 29, 2021
Views
586,368
Likes
8,743
Comments
720
Engagement
1.61%
June 29, 2021
586,368
8,743
720
1.61%
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Analysts estimate that the size of the EV battery industry will grow to around $70 billion by 2025, and there’s a number of innovative battery start-ups trying to grab a piece of the pie. One of these companies, Cuberg, is making lithium-metal batteries, which it says will be twice as energy dense as standard lithium-ion, and could therefore help electric vehicles become cheaper and more efficient. Because Cuberg’s tech is largely compatible with existing lithium-ion manufacturing processes, it has the potential to scale quickly. And if it does, we could see lithium metal batteries powering small planes and electric vehicles within the decade.
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