Though not often a role model for social justice, freedom, or democracy, Saudi Arabia is delivering to the world a worthwhile example of future living: as it’s announced plans to build a revolutionary zero-carbon, zero-traffic city for over a million people, spanning 105 miles and featuring futuristic technology. The Saudi Crown Prince Mohammed bin Salman […]
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New Electric Car Batteries Can Fully-Charge in 5 Minutes, Like Filling Your Car With Gas, If Better Chargers Are in Place
The innovative company, StoreDot, which has delivered rapid-charge versions of lithium-ion batteries for phones and scooters, has now gorged itself on millions in investment dollars and cranked 1,000 car batteries out of a Chinese assembly line.
The breakthrough replaces the graphite anode which causes problems when trying to force energy into the battery. The lithium ions become congested through this method, before phase-shifting into metal and then shorting the battery.
StoreDot replaces the graphite with silicon, which not only circumnavigates this problem but reduces costs since silicon is far cheaper. The current crop of 1,000 batteries uses germanium, which is also waterproof, and the silicon ones are expected later in the year.
Tesla and its founder Elon Musk liked the sound of this idea, and so set up a research and development center in Israel to take advantage of the innovations coming out of StoreDot, which was named by Bloomberg as the New Energy Finance Pioneers winner for 2020.
After constant innovation drove down the price of the electric car in the 2010s, the final hurdle to widespread adoption that remains is the charging speed and charging points.
British Petroleum (BP) invested $20 million into the StoreDot batteries, even though it maintains 18,200 gas stations in the UK. According to StoreDot CEO Doron Myersdorf, “they [BP] understand that 10 years from now, all these stations will be obsolete if they don’t repurpose them for charging—batteries are the new oil.”
Currently, battery charging stations can’t deliver the electricity needed to charge a StoreDot battery fully in five minutes, meaning that the ball is in the courts of the power stations to upgrade their tech. However, five minutes will still fill one with 100 miles, which for most users is plenty.
Market forces create the best innovations
As both the social and fiscal costs of manufacturing gasoline and diesel cars increased, automotive giants all began throwing out electric vehicles (EVs) to assuage stockholder fears and political edicts.
RELATED: These Giant Oil Companies Are Providing EV Chargers Next to Their Gas Pumps
As companies have battled back and forth, battery technology began following suit, with lowered charge times, increased ranges, and—through learning from the case of the Fisker Karma—trying to be less flammable.
StoreDot is one of several battery innovators that are attracting big money for their new products.
MORE: With EV Battery Prices Dropping 87% in a Decade, Tesla is Now Making a Car That Will Cost $25,000
Another one is QuantumScape, which doesn’t produce lithium-ion batteries, but solid-state ones. Now worth $3.3 billion, QuantumScape replaces liquid lithium with solid ceramic material, providing vastly increased energy density, lower costs, and far fewer fire hazards.
However, QuantumScape’s battery goes from 0% charge to 80% in 15 minutes, which while being fast, isn’t five minutes, and so there lies a problem for their stockholders.
CHECK OUT: Old Electric Vehicle Batteries Can Be Recycled into New Sources of Energy—Even Used to Power 7-11 Stores
As these two producers—one backed by Bill Gates and Volkswagen, the other by Tesla and BP—battle for market share, the innovations created in their competition will likely produce the “Chevrolet small-block V8” or Porsche’s “Boxer flat-six,” i.e. the battery that will define the first golden age of EVs.
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J-Lo, Gaga, Garth Brooks, and Katy Perry Sing American Favorites at Inaugural Events — Watch
From John Legend to Katy Perry, there were also global superstars there in person to welcome the First Family to their new home. We’ve rounded up those videos—from the Lincoln Memorial and earlier in the day at Capitol Hill—for you to enjoy.
1. Lady Gaga kicked things off by singing national anthem “The Star-Spangled Banner” at President Biden’s swearing-in ceremony.
2. Accompanied by the Marine Band, J-Lo performed a medley including “This Land is Your Land” and “America the Beautiful.”
3. Garth Brooks brought a little Country to the table with his rendition of “Amazing Grace.”
4. Playing solo on the acoustic guitar, Bruce Springsteen sang “Land of Hope and Dreams” at the Lincoln Memorial.
“It’s a new dawn, it’s a new day, it’s a new life… ” John Legend sang to the crowd in his soaring rendition of Nina Simone’s “Feeling Good.”
As fireworks lit up the D.C. sky, Katy Perry was there to cap off the night with, of course, “Fireworks.”
SHARE These Powerful Performances With Your Friends…