German electronics firm Bosch says it will have a solid state battery on the market by 2020 that will double the range of electric cars at half the cost of today’s batteries.
Today the cheapest electric cars, which cost around $30,000, typically have a range of less than 100 miles.
Once commercialised, this new battery could give affordable electric cars a range of over 200 miles per charge – and at a lower price.
The acceleration in the development of this new battery comes with Bosch’s acquisition of Californian startup Seeo, which already has sample cells of this battery.
According to Seeo, they have come up with a new way to make lithium batteries without a liquid electrolyte. The batteries need no cooling system and won’t catch on fire the way a traditional lithium ion battery can. They are also significantly lighter and cost less to manufacture, compared to the battery in a Tesla Model S, for instance, which weighs 1,200 pounds and costs $12,000. » Read the rest of this entry «