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Lithium Ion batteries are the backbone of the EV revolution. And car manufacturers are constantly seeking new ways to remove cost and improve the range of these battery packs. Part of their solution has been to tweak the chemistry of these batteries - but added value in one area sometimes necessitates a trade off in another.
In this episode, Paul discusses the changing chemistry of lithium ion batteries in the EV market, the impact that this has on the economics of vehicles, and how consumers should be thinking about battery composition when considering their next EV purchase.
For more research:
"Exploring the Different Types of Lithium-Ion Batteries Used in Electric Vehicles" - Ioncore Technology
"Charted: Lithium-Ion Batteries Keep Getting Cheaper" - Visual Capitalist
"Battery cell prices fall to record low in September, says report" - Reuters
"A new generation of cheaper batteries is sweeping the EV industry" - Canary Media
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