Elizabeth Woyke for MIT Technology Review: Lithium-ion batteries power everything from smartphones to electric vehicles. They’re well suited to the job because they are smaller and lighter, charge faster, and last longer than other batteries. But they are also complex and thus costly to make, which has stymied mass adoption of electric transportation and large-scale energy storage.
Yet-Ming Chiang thinks his startup 24M has the answer. The key is a semisolid electrode. In a conventional lithium--ion battery, many thin layers of electrodes are stacked or rolled together to produce a cell. “Lithium-ion batteries are the only product I know of besides baklava where you stack so many thin layers to build up volume,” says Chiang, who is a cofounder and chief scientist at 24M as well as a professor of materials science at MIT. “Our goal is to make a lithium-ion battery through the simplest process possible.” Cont'd...
Lithium Continues to Top Mining Sector as Companies Pour Funding into Mining Operations and Research & Product Development Advancements
Novel synthesis method developed at University of Eastern Finland opens up new possibilities for utilising Li-ion batteries
By Vlad Tverdohleb for CruxialCIO: Panasonic Corp is the producer of lithium-ion batteries for Tesla Motors Inc’s cars. However, Panasonic is now preparing to begin selling batteries that power homes in Europe. Its first market is Germany, where homeowners are even given greater incentives to switch to clean electricity generated by solar-power devices.
Thus, Panasonic’s push into international markets with home batteries is putting the Japanese company into direct competition with Tesla, its flagship customer. In May, the American company unveiled a suite of batteries to store electricity for businesses and homes.
Panasonic plans to move later to France, the U.K. and other European markets. Laurent Abadie, Panasonic Europe chief executive officer, declared on Wednesday, Sept. 2, in an interview at the IFA International Consumer Electronics Show in Berlin, that the company has not decided yet when it would start sales in Europe. Cont'd...
Today, 24M emerged from stealth mode to introduce the semisolid lithium-ion cell, a revolutionary technology that solves the grand challenge of energy storage by enabling a new, cost-effective class of the lithium-ion battery. 24M’s semisolid lithium-ion is the most significant advancement in lithium-ion technology in more than two decades and combines an overhaul in battery cell design with a series of manufacturing innovations that, when fully implemented, will slash today’s lithium-ion costs by 50% and improve the performance of lithium-ion batteries. The technology will accelerate the global adoption of affordable energy storage.
Until now, the energy storage field has had two options to try to drive down costs – build massive and complex factories to produce lithium-ion batteries in high volumes or pursue entirely new chemistries that may never move from the lab to the commercial floor. With the invention of the semisolid lithium-ion battery, 24M presents a third option – work with the world’s preferred energy storage chemistry and unlock new opportunities for cost reductions through new cell design and manufacturing innovations. 24M’s platform is the most significant advancement in lithium-ion technology since its debut more than 20 years ago.
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