Chinese battery maker says it’s ready to produce cobalt-free EV power packs at scale


Source: reportdoor.com reportdoor.com

Key Topics in this News Article:

News Snapshot:

When you factor in cars, trucks, planes, trains and shipping, the transportation sector is the largest source of greenhouse gases in the US . If we’re going to have any chance of addressing climate change, we’ll need to move away from burning fossil fuels in our cars. There’s just one problem with most electric vehicles: they depend on lithium-ion batteries made with heavy metals like cobalt. Not only is the material in short supply, but it’s mined in a way that involves child labor and the destruction of the environment. For those reasons, companies like IBM, Panasonic and Tesla have...