In a groundbreaking development that could transform the EV landscape, battery manufacturers are rapidly advancing the creation of silicon anode technology to reduce production costs and increase EV battery capacity by 20%, taking a bold step towards a sustainable future.
Silicon anode batteries promise a substantial improvement in energy storage capacity compared to traditional lithium-ion batteries.
With a theoretical capacity of 4,200 mAh/g, silicon has over ten times the storage capacity of graphite, the main material in EV battery anodes currently.
The State of the Electric Vehicle Revolution 2023
Global electric vehicle (EV) stock has surpassed 30 million, and China is home to over half of all the EVs on the world’s roads. 1 in 7 new cars sold last year was electric, and by 2030, we will have 138 Million EVs.