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Automakers Banking On Solid-State Batteries for Sustainability

Automakers Banking On Solid-State Batteries for Sustainability Apr 29, 2021 Legacy automakers are transitioning rapidly into the electric vehicle (EV) market, and they may have a secret weapon up their sleeve: sustainability. The next generation of high-efficiency, low-cost, long-range EV technology is on the horizon, in the form of new solid-state batteries. These new batteries are more compatible with the circular economy, providing fleet managers with new opportunities to lower their carbon footprints while appealing to the rising generation of climate-aware consumers and clients. The EV revolution has only just begun Rechargeable lithium-ion batteries are by far the most expensive part of an electric vehicle, typically accounting for 30 percent of overall costs. Cutting that cost while improving performance has been the main challenge for automakers, and they have been rising to meet it.

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