Nikola Motor Company has a pump for the electric vehicle industry with its state-of-the-art battery technology.
The news comes with claims of a cathode with an energy density 4 times greater than today’s lithium-ion cells, lasts 2,000 cycles, and at a cell cost 50% lower than lithium-ion cells from today.
The first self-supporting electrode battery has a cathode that offers four times the energy density of today’s lithium-ion cells, doubling the range of electric vehicles. Lasts 2,000 cycles at 50% lower cell cost than current lithium-ion cells.
If Nikola can bring a battery with these characteristics to market and produce them on a large scale, the implications not only for the world of electric vehicles, but for the entire automotive industry and for the world of stationary energy storage would be very significant.
Thanks to unprecedented investment in battery research and design, advances in the laboratory occur almost every week, but they don’t always translate into real-world improvements.
For now, this is what we know:
- Cathode with 4 times the energy density of lithium-ion.
- The prototype reached 2,000 test cycles with “fair” performance at the end of its useful life.
- It costs 50% less to produce next-generation cells per kWh compared to lithium-ion.
- It weighs 40% less than the same capacity as lithium-ion cells.
- The prototype cell reached a capacity of 500 watt-hours.
This is the biggest breakthrough we’ve seen in the world of batteries. We are not talking about small improvements; We are talking about doubling the battery capacity of your mobile phone. We are talking about doubling the range of electric vehicles around the world.
Trevor Milton, CEO of Nikola Motor Company.
More information: nikolamotor.com