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I have to wonder what economic chance new battery types have given the massive investment in current tech. It feels like we're betting on the wrong thing, and
by tomohawk 5y ago
I have to wonder what economic chance new battery types have given the massive investment in current tech.
It feels like we're betting on the wrong thing, and in the process blowing our wad and good will. Kind of like what happened with nukes.
- gameswithgo 5y ago
- perlgeek 5y ago> I have to wonder what economic chance new battery types have given the massive investment in current tech. Current tech tends to improve at a steady pace. Taking a new tech to production takes some years (somewhere in the 5 to 20 years range); processes need to refined and scaled, suppliers sourced, people trained, recycling must be addressed etc. So new tech only stands a real chance if you can convince investors that its advantage is big enough that it still dominates when it comes to market. Let's say current batteries improve 7% per year (number made up, but not totally unrealistic). If the new technology needs 10 years to get to market, the current technology improves by a factor of 1.07*10 = 1.97 in mean time. So a 2x advantage along any axis (density, charge cycles, price, availability of materials etc.) is not a solid bet for an investor. A 5x advantage likely is. If course you'd want advantages on multiple axes to really make a solid bet.
- AtlasBarfed 5y agoThere's lots of segments for battery chemistries to be used, so they just need to beat out smaller segments to establish commercial viability. EV batteries also aren't a monoculture. They are even mixing battery types in EV packs to achieve different range/cost aspects. If there's room for Sodium Ion, LFP, and the various cobalt/nickel chemistries, if there's air, sea, and long-haul modes plus grid storage, home battery storage, plus all the mobile and tools, there's plenty of segments.