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Monday, March 7, 2022

The Race To Create EV Batteries That Are Cheaper, Charge Faster, and Less Vulnerable to Raw Materials

Carmakers Race to Control Next-Generation Battery Technology 3/7/22
The US industry race to create EV batteries that are cheaper, charge faster, and less vulnerable to raw material shortages is intensifying, the player to get this first will have a strong market advantage. The chemical makeup of batteries is one of the most discussed elements related to these batteries, industry giants like Ford, GM, VW, and Toyota are teaming up with start-ups to figure out this ecosystem. This US race is so important because the battery race will determine the pricing of EVs to come.