• 527 days Will The ECB Continue To Hike Rates?
  • 527 days Forbes: Aramco Remains Largest Company In The Middle East
  • 529 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 929 days Could Crypto Overtake Traditional Investment?
  • 933 days Americans Still Quitting Jobs At Record Pace
  • 935 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 938 days Is The Dollar Too Strong?
  • 939 days Big Tech Disappoints Investors on Earnings Calls
  • 940 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 941 days China Is Quietly Trying To Distance Itself From Russia
  • 942 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 946 days Crypto Investors Won Big In 2021
  • 946 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 947 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 949 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 949 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 953 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 953 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 954 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 956 days Are NFTs About To Take Over Gaming?
Oilprice.com

Oilprice.com

Writer, OilPrice.com

Information/Articles and Prices on a wide range of commodities: We have assembled a team of experienced writers to provide you with information on Crude Oil,…

Contact Author

  1. Home
  2. Tech
  3. Tech News

Is This The Biggest Breakthrough Yet For Electric Vehicles?

Electric Vehicle

It’s no secret that batteries are the most expensive part of an electric vehicle. As such, this is the root of the industry’s problem and a roadblock to making larger strides into the mainstream market. Researchers around the world are racing to solve this problem, and now a team of German scientists say they’ve taken a crucial step in that direction.

The team, from the Fraunhofer Institute for Material and Beam Technology IWS, has devised a new production process for EV batteries that features coating their electrodes with a dry film of chemicals rather than liquids. According to them, this process is less energy-intensive, which means it’s cheaper, and it is also better than the standard process in that it does not involve toxic solvents.

"Our dry transfer coating process aims to noticeably reduce the process costs in electrode coating," project manager Dr. Benjamin Schumm told Phys.org. "Manufacturers can eliminate toxic and expensive solvents and save energy costs during drying. In addition, our technology also facilitates the use of electrode materials that are difficult or even impossible to process wet-chemically."

The latter part of Schumm’s comment is important: in the future, batteries will be a lot more energy dense than today’s version, and this will require the use of these materials. The team’s binder polymer-based alternative to expensive and toxic wet chemistry comes in anticipation of the batteries of the future, many of which, according to Schumm and his colleagues, will be solid-state.

"These batteries will be able to store more energy in the same volume than today's lithium-ion batteries," the IWS project leader said.

Related: A Mentality Problem? Many Americans Can’t Afford An Extra $400 Expense

Most battery-related breakthroughs in the news are reported from the lab, and despite assurances that the technology is potentially scalable, few have been actually tested. This is not the case with the IWS electrode-coating process. The institute already has a partner from the manufacturing industry: Finnish BroadBit Batteries. The company has already launched a pilot production unit at a factory and is producing sodium ion batteries using the new coating process, which, in addition to all its other advantages, is also substantially faster than wet chemistry.

Given all this, the dry-coating tech may someday replace the traditional way of coating electrodes with the chemicals that make them electrodes, and this replacement will allow EV makers to achieve two of their biggest goals: lowering the price of their vehicles and boosting the energy density of their batteries with the use of new chemicals.

European carmakers should be especially happy about the lower battery cost implications of the IWS team’s invention. These have poured billions into their EV production plans but are excessively reliant on imported battery cells. A homegrown cheaper battery production process could help them to reduce this dependence at a crucial moment when EVs, helped by government policies, have a chance to really take off.

A recent study from AlixPartners estimated that “by 2023 a whopping $255 billion in R&D and capital expenditures (will be) spent globally on electric vehicles, and that some 207 electric models are set to hit the market by 2022.” 

The bad news is that many of these would not be able to compete “due to currently-high systems costs, low volumes and intense competition.”

The German team’s new production process could help even the playing field.

By Irina Slav for Oilprice.com

More Top Reads from Safehaven.com:

Back to homepage

Leave a comment
  • John Smith on July 03 2019 said:
    Electric vehicles are surely the next breakthrough. Electric vehicles are one of the fastest growing modes of transport which adopted smart technologies. Electric buses, cars, trucks, and electric bikes all are seeing more demand as compared to earlier days. The market is maturing at a fast rate due to increasing demand. Which is why lithium stocks have been seen growing so fast in recent days. Due to the soaring demand for electric cars, it is a boon to lithium investors for sure.

Leave a comment