Massive advances in Li-ion battery technology have been at the center of the global electrification drive, including the EV revolution. To wit, over the past decade, lithium-ion (Li-ion) battery cell costs have declined ~28% for every cumulative doubling of units produced, allowing rapid mainstream adoption.
However, like any other technology out there, Li-ion batteries come with a suite of drawbacks, including the ability to deliver peak charge deteriorating over time; they generate a lot of heat, necessitating weighty cooling systems and…‘Cold’ Manufacturing Could Be The Breakthrough Point for Solid-State Batteries
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