A team of researchers from Guangdong University of Technology achieved a major breakthrough in lithium-ion battery technology that could make electric vehicles and energy storage cheaper.
Traditionally, lithium-ion batteries used to power EVs and renewable energy grids are made of lithium iron phosphate and lithium nickel manganese cobalt oxide. However, metals such as cobalt are costly to mine and process. That drives up the price of EVs and energy storage systems and makes them less accessible to the average consumer.
Lithium-rich manganese oxides can be a cheaper battery alternative. LMROs, however, haven’t been widely applied to clean technologies because of their low energy efficiency and short battery life.
