Why This Ultra Cheap Battery Breakthrough Matters

From Undecided with Matt Ferrell.

Why This Ultra Cheap Battery Breakthrough Matters. Try Rocket Money for free: http://rocketmoney.com/undecided Solid state batteries could address some of the biggest issues facing energy storage and EVs; safety, charge capacity, and longevity. But the biggest problem they face? Cost. But there’s a new electrode manufacturing technique that apparently uses less energy, less materials, and less factory floor space — all of which means more savings. Plus, researchers have found a new cathode material that works just as well as lithium iron phosphate, but costs only 1 or 2% of its price, potentially knocking 50 to 60% off the cost of a finished battery. That’s right, 50 to 60% off the entire battery’s price. How are these massive savings even possible? And could these innovations realistically dethrone current manufacturing methods and battery materials?

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Chapters
00:00 – Intro
01:51 – Dry-Printing Battery Electrodes
05:41 – Trimming Materials to Trim Costs
09:35 – Cheaper, More Plentiful Materials