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July 28, 2021, 8:47 a.m. EDT

The Next Step in EV Revolution – The Battery

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Jul 28, 2021 (IAM Newswire via COMTEX) -- Automakers and battery manufacturers are racing to develop battery technology to power the next generation of vehicles and a greener future. The battery in question needs to reinforce the body structure and extend the driving range. Engineers refer to it as a structural battery that holds the promise of lighter weight and greater efficiency. The latest structural batteries are being developed by startups and legacy automakers alike, including the EV pioneer Tesla Inc /zigman2/quotes/203558040/composite TSLA +3.02% ,General Motors Co /zigman2/quotes/205226835/composite GM +0.54% , battery makers such as China's BYD Co Ltd and CATL.

Geely Automobile Limited's /zigman2/quotes/205261343/delayed GELYF +6.04% Volvo Cars in late June revealed a new structural battery design it is developing with Swedish battery maker Northvolt that Volvo said should deliver 600 miles or more of travel between charges. To compare, Tesla Inc's /zigman2/quotes/203558040/composite TSLA +3.02% Model Y can deliver 326 miles.

Structural battery technology- still in its infancy

Manufacturers have not even settled on a standard approach. Our Next Energy, a one year-old startup is developing a dual battery whose design contains structural cell-to-pack with a second high-energy pack capable of recharching the first pack, which should double the vehicle's range. Mujeeb Ijaz, founder and chief executive of the Novi, Michigan-based company is aiming to reinvent the battery completely,

GM

GM's approach revolves around the Ultium battery that begins with the basic building blocks, thin pouch-type battery cells, which are bundled into modules, then assembled into large packs. Ultium battery packs will be installed in the upcoming electric Hummer's chassis, stiffening its body, improving the quality of the ride and handling as it reduces vibration and harshness. At least this is how Josh Tavel, GM’s executive chief engineer for battery electric trucks, advertises it.

China

China's BYD and CATL have developed advanced batteries whose cells are assembled directly into large packs, eliminating the middle step. Both use lithium iron phosphate which is less expensive and less prone to fire hazards, while being friendlier to the environment compared to commonly used cobalt and nickel. However, LFP cells do not store as much energy compared to their nickel cobalt manganese or nickel cobalt aluminum counterparts. Due to a lower driving range they provide, a vehicle needs a larger and therefore, heavier, pack of lithium iron batteries to match the output provided by cobalt and nickel-based batteries.

Tesla

Tesla CEO Elon Musk revealed a new type of structural battery last September during Tesla's Battery Day. The revolutionary battery is expected initially to power the Model Y with hundreds of large-format cylindrical cells bonded together with structural adhesive, then sandwiched between two metal sheets. Lithium ion batteries both reduce the weight and address the range range gap but automakers haven't gotten there yet to exploit these benefits.

Solar power

With the world's first electric pickup truck just around the corner, adding solar panels to tonneau covers seemed like the logical next step one that Worksport Ltd /zigman2/quotes/200413469/composite WKSP +1.19% took first.

The eagerly anticipated Atlis XT electric pickup by Hercules Electric Mobility Inc. in partnership with Nissan Motors /zigman2/quotes/206659157/delayed NSANF +0.88% and Alpha Electric Pickup built by Atlis Motor Vehicles will be equipped with the TerraVis

(TM)
solar fusion of cutting-edge solar power, storage, and delivery. This revolutionary tonneau cover consists of four monocrystalline foldable solar panels with an output that translates to a range of 12 to 15 miles or in practical terms, a bit less than a third of the power needed for an average daily commute under optimal conditions. The prototype will be fine-tuned under the umbrella of the specialized Ontario Tech University by the end of the year, with production expected to accelerate in 2022.

Battery-development is key

An all-electric future is no longer questionable. However, battery developments will ultimately decide on the pace of the EV revolution.

This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full . IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact:

The post The Next Step in EV Revolution – The Battery appeared first on IAM Newswire .

COMTEX_390553528/2618/2021-07-28T08:47:11

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/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 843.03
+24.71 +3.02%
Volume: 18.92M
Oct. 15, 2021 4:00p
P/E Ratio
439.28
Dividend Yield
N/A
Market Cap
$810.15 billion
Rev. per Employee
$445,694
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/zigman2/quotes/205226835/composite
US : U.S.: NYSE
$ 58.00
+0.31 +0.54%
Volume: 12.91M
Oct. 15, 2021 4:00p
P/E Ratio
6.71
Dividend Yield
0.00%
Market Cap
$83.75 billion
Rev. per Employee
$790,226
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/zigman2/quotes/205261343/delayed
US : U.S.: OTC
$ 3.16
+0.18 +6.04%
Volume: 245,974
Oct. 15, 2021 3:58p
P/E Ratio
37.53
Dividend Yield
N/A
Market Cap
$28.53 billion
Rev. per Employee
$351,198
loading...
/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 843.03
+24.71 +3.02%
Volume: 18.92M
Oct. 15, 2021 4:00p
P/E Ratio
439.28
Dividend Yield
N/A
Market Cap
$810.15 billion
Rev. per Employee
$445,694
loading...
/zigman2/quotes/200413469/composite
US : U.S.: Nasdaq
$ 5.93
+0.07 +1.19%
Volume: 145,998
Oct. 15, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$71.22 million
Rev. per Employee
$86,536
loading...
/zigman2/quotes/206659157/delayed
US : U.S.: OTC
$ 5.13
+0.05 +0.88%
Volume: 5,621
Oct. 15, 2021 10:42a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$19.97 billion
Rev. per Employee
$560,254
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