Traditional gas-guzzling cars are currently outselling electric vehicles at a rate of almost 50 to one. A major reason for that gap is the high cost of the lithium-ion batteries under the hood. But a new manufacturing approach developed by researchers at MIT and startup 24M could significantly reduce the cost of the batteries while also improving their performance and making them more easily recyclable. Lithium-ion batteries are the most widely used type of rechargeable batteries. They’re found in consumer electronics like smartphones and tablets as well as many electric cars (among other applications), so any reduction in cost — especially one as...
Read the full article: New Technology Halves Cost of Lithium-Ion Batteries
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