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dollar EV battery industryMiami Herald
•Technology
Technology
82% Informative
Florida International University has developed a new battery that could potentially triple an EV ’s range and also be cheaper, lighter and better for the environment.
The lithium-sulfur batteries have long had fatal flaws: they don’t recharge well and lose their juice after a year or two of use.
While still likely years from commercial development, the new battery chemistry could take an EV range from 300 miles to about 1000 .
FIU's work is funded with $4 million from Canada -based Lion Battery Technologies .
Estimates of the market value of the EV battery industry range widely, from $40 to $80 billion .
Global automakers are planning to spend more than half a trillion dollars on EVs and their batteries through 2030 .
VR Score
79
Informative language
76
Neutral language
57
Article tone
semi-formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
11
Source diversity
11
Affiliate links
no affiliate links
