New Iron-Based Cathode Could Cut EV Battery Costs by 40% in 5 Years

New Iron-Based Cathode Could Cut EV Battery Costs by 40% in 5 Years

The electric vehicle (EV) industry is experiencing significant growth, but a key challenge remains—cost. A significant portion of the expense arises from the batteries used in EVs, particularly lithium-ion batteries (LIBs), which account for about 50% of the overall vehicle price. These batteries are efficient and dependable, yet they are made from costly metals such as […]

New Iron-Based Cathode Could Cut EV Battery Costs by 40% in 5 Years Read More »