Lithium-ion battery prices dropped 90% since 2008, aiding EV price parity. Bedrock Materials aims to make $25K Tesla feasible through sodium-ion batteries.
Former Tesla engineer's startup switches to sodium-ion batteries, more affordable due to abundant sodium. Chemistry change allows replacing expensive materials with cheaper alternatives.
Sodium-ion batteries offer environmental benefits by not using cobalt, linked to pollution and child labor. They substitute nickel with iron and manganese, sourced more sustainably.
The focus on battery industry has shifted to cost as EVs now boast 300-mile ranges. Sodium-ion batteries are cheaper and accessible, aiding EV affordability.
#lithium-ion-batteries #electric-vehicles #battery-technology #sustainable-materials #ev-affordability
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