Automakers Worldwide Compete to Create Cheap, Efficient Car Batteries
The car battery was once thought to be one of the least interesting parts of an automobile, technically speaking. But things are changing now that the public has begun prioritizing sustainable transportation and lowering emissions. Wood Mackenzie, an energy research and consulting firm, suggests that electric vehicles will make up 18 percent of new car sales by 2030, which will increase the demand for batteries — and the materials to make them.
Why This Matters: According to Elon Musk, Tesla’s chief executive, mass-producing batteries is “The hardest thing in the world.”
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