Panasonic is reportedly developing lithium batteries that require half the current quantity of cobalt. The new battery designs are motivated by the increasing cost of cobalt, and the potential threat of shortages, which have come about as a result of surging demand for lithium-ion batteries. The battery production industry, which reportedly consumed 51 per cent … Continue reading Panasonic tackles soaring cobalt costs
Within five years the batteries used to power electric cars will hold twice as much energy, at half the cost compared with today, according to Bosch chairman Volkmar Denner. Exponential advances in battery technology will make electric cars more affordable and viable for everyday use, accelerating their uptake, while hybrids and plug-in hybrids will become … Continue reading EV battery capacity to double for half the cost by 2020
