The nodules were discovered more than a century ago. Now new technology has triggered a fierce competition to go get them. These metals are critical for modern life: cell phones, electric cars, and supercomputers. Nineteen countries, including China and Russia, have already jumped into the deep. But the one country on the sidelines? The United States.
Electric vehicle owners may soon be able to fully charge their cars in as little as 10 minutes, thanks to a new design that heats the battery to increase the reaction rate. One major barrier to the uptake of electric cars is the length of time it takes to charge the battery compared with filling a car with gasoline.
Last April, Elon Musk promised that Tesla would soon be able to power its electric cars for more than 1 million miles over the course of their lifespan. At the time, the claim seemed a bit much. That’s more than double the mileage Tesla owners can expect to get out of their car’s current battery packs, which are already well beyond the operational range of most other EV batteries. It just didn’t seem real--except now it appears that it is.
Sen. Susan Collins (R-Maine) is introducing a bill Wednesday to boost the reliability of wind and solar electricity, one of the first of what may be several Republican energy bills in the pipeline. Collins’s bill looks to provide $60 million annually for five years toward developing batteries and other types of next-generation storage as a backstop for intermittent generation.
South Korea’s SK Innovation said on Monday it will spend 1.14 trillion won ($1.01 billion) to build its first electric vehicle (EV) battery plant in the United States to better compete in the global EV battery market. The plant will have an annual capacity of 9.8 gigawatt-hours of batteries. SK Innovation will begin construction in the southeast U.S. state of Georgia in early 2019, with production targeted for 2022, the company said in a statement.