The underlying technology that powers battery electric vehicles is a large pack of batteries, typically made up of around 2,000 lithium-ion cells. These cells are a lot closer to the ones in your cell phone or laptop than their heavier lead-acid cousins, but much more reliable and with far longer life spans.
Technology Advancements
Battery Electric Vehicle (BEV) technology has come a long way since its beginning. In the past decade, there have been significant advancements in energy density, charging infrastructure, EoL, cost-effectiveness, and safety.
A number of companies are investing in solid-state battery technology to advance energy storage. This new technology uses a liquid electrolyte in a solid form, which offers more energy density, faster charging, and lower fire risk.
However, it is still a long way off from production. Analysts predict that solid-state batteries may be a decade away from becoming a mainstream EV battery.
One of the …
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