“hey, we’ve stumbled upon this breakthrough in the labs... let’s coordinate the investment beneficiaries”
In other words, this "new" battery technology is not yet ready for prime time. Just like all other "breakthroughs". that have been announced over the past 10 years.
Even if this panned out it does not solve major problems. Such as there is not even close to enough electricity capacity necessary to charge a lot of them. And most of that energy comes form fossil fuels.
To many details not given like battery weight. Fire potential. Cold/Heat functionality.
“...combined with the increasing demand for electric vehicles”
Sounds like the author is out of touch. There’s a big difference between organic market demand and top-down government diktat.
Silver in 2010s about 45 an ounce. Silver today about 29 an ounce.
A crap investment if one thinks silver holds value.
A little more info here:
Most of the ‘miracle battery breakthroughs’ that get posted here at FR are BS, but this one seems fairly reasonable to me. And it is Samsung, not some fly-by-night startup looking for investors to scam, or university science lab that doesn’t grasp what it takes to do things in the real world.
I hope it turns out to be true, and successful.
And all that is required is more Silver than is available, to build batteries that cost 4X the current price, and require charge voltages/rates that are not available either!
Better idea, just scrap the whole EV madness.
Good for me that I will never be buying ANY new car, just keeping my classic ICE.
Not worried about fuel going away either, new multi-million dollar station was just built here.
Pretty certain those investors know how long their investment is good for.
So certain that fuel will be available for the rest of MY life.
Sigh...solid state is the future but using semi precious metals is a no no from the start. Aluminum graphene is the way. Aluminum is the third most abundant element after Silicon and O in the earth’s crust. It’s triple valent vs lithium one that means anything lithium does aluminium triples it at the base faraday level. Graphene was Gucci expensive until the University of Queensland perfected and commercialized a methane to Graphene process that cranks it out by the metric tonne. The Ai-Grp cells are nothing short of a paradigm shift. They have 900+wh/g densities, 20000+ full DOD cycle life and 20+ year calender life expectancy. They charge at up to 60C rates and are completely not flammable. 60C is one minute from 0% to 100% that’s not possible for an EV with current HVDC standards but for phones , laptops and tablets you could one minute charge those levels of Wh from a 240v 50hz line that’s the global standard every where but backwards USA. The University of Queensland has already done third and now industry testing of its aluminum cells it’s how quickly can they scale up to the market. Their cell tech is not rivaled by anything lithium has to offer.
“1 kg of silver per vehicle”
Is that an established amount from Samsungs SS battery data? Or a figure the Author made up to validate his premise to BUY SILVER when it is “cheap”
1 kg is 35 oz. At $30/oz, that is $1050 per car. These batteries could be the new catalytic converters in terms of theft.
If these new fangled batteries don’t catch fire which seem impossible to put out that would be great.
Gold & Silver Ping List!
No matter what the materials are, ampere hours OUT will still equal ampere hours IN. The math is NOT going to be changed.
How much CURRENT is going to flow in 9 minutes?
And you think catalytic convertors are stolen now. Just wait!
And yet, good luck getting an EV repaired. Still not ready for prime time.
If how the Samsung battery works so well is true, it may prove to be more than the markets can economically handle. Silver ranks 68th in abdundance and any really big demand on silver will raise silver prices alot and maybe raise them enough to make Samsung’s invention too expensive.