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The car industry is betting its future on batteries
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By Jack Ewing and Ivan Penn
February 19, 2021 3.30am
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As automakers like General Motors, Volkswagen and Ford make bold promises about transitioning to an electrified, emission-free future, one thing is becoming obvious: They will need a lot of batteries.
Demand for this indispensable component already outstrips supply, prompting a global gold rush that has investors, established companies and startups racing to develop the technology and build the factories needed to churn out millions of electric cars.
The Auto Industry Bets Its Future on Batteries
Carmakers, government agencies and investors are pouring money into battery research in a global race to profit from emission-free electric cars.
The lab at QuantumScape, a Silicon Valley start-up whose investors include Volkswagen and Bill Gates, is working on a technology that could make batteries cheaper, more reliable and quicker to recharge.Credit.Gabriela Hasbun for The New York Times
Feb. 16, 2021
As automakers like General Motors, Volkswagen and Ford Motor make bold promises about transitioning to an electrified, emission-free future, one thing is becoming obvious: They will need a lot of batteries.
The auto industry bets its future on batteries
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i come in to calibrate the synthesizer for the morning tests. i walk in, i see two guys pushing it down the hall, and i turn around and there s another guy there with a gun, and he cold-cocks me. david: was the weapon a shotgun, a handgun; maybe it was a rifle? no, it was a nickel-plated beretta. it was a nine-millimeter. you know a lot about guns. you grow up in south philly, you see your share. could you recognize the burglars if you saw them again? the guy with the gun. the other two guys were pretty far away. i d definitely try. i ll be right back. okay. so how is ron? he won t be wearing a tight hat anytime soon, but he s fine. he was walking in, the burglars were coming out and kind of walked right over him. you guys know him? yeah. ron works with us. he s one of larry s assistants at the ligo project. larry: laser interferometer gravitational wave observatory. we measure ripples in space-time, trying to prove the existence of black holes. it s been said that he s the,
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