White Paper: The future of energy storage
In the next 5 to 10 years, we’ll see a $50 per kilowatt-hour (kWh) lithium ion (Li-ion) battery cell that’s capable of fast charging, 10,000+ cycles, 1 million+ miles, a 30 year calendar life, and produced with abundant raw materials found all around the world and recycled.
Although there are some claims of these attributes now, the challenge is putting it all together in a single cell, without the compromising trade-offs inherent in batteries (for example, a 1 million mile battery is no good if it costs $200/kWh). Achieving the combination will take 5 to 10 years of global innovation.
Co-Founder and CEO
Co-Founder & CTO