![]() If the startup is successful, it could play a pivotal role in solving a decades-long problem in batteries that's currently seen as the biggest barrier to reduced prices and widespread adoption. The company backed by Bill Gates and Volkswagen said Tuesday that its solid-state battery could charge to 80 capacity in 15 minutes, or about half of the time required for Tesla's newest. The company will next have to prove it can manufacture the new batteries at scale, however, something Tesla CEO Elon Musk can attest is not easy. "Jumping to something like 50% is game-changing." Solid-state batteries could be game changer for electric vehicles (EVs) by storing more energy, charging faster, and offering greater safety than liquid lithium-ion batteries, helping accelerate the shift away from fossil fuel-powered cars. 3 billion Bill Gates-backed electric vehicle battery startup called QuantumScape. ![]() battery firm QuantumScape Corp, which aims to introduce its battery in 2024 for VW's EVs and eventually for. QuantumScape is perhaps the OG in the development of solid-state batteries. "Seeing these performance numbers is almost unheard-of: Roughly 50% improvement in volumetric energy density is incredible when we are used to seeing single-digit-percent per year, and that was hard to achieve and a great outcome," the Tesla cofounder JB Straubel said at a press conference hosted by QuantumScape. Close on their heels, Germany's Volkswagen has invested in Bill Gates-backed U.S. In February 2022, Alpine 4 Holdings subsidiaries Elecjet and Vayu Aerospace successfully installed Solid State Batteries in their drones leading up to a sale to. The company also said its cells worked in colder temperatures, lasted longer, and didn't require lithium on the anode - which can reduce efficiency - because they technically didn't have an anode. The company backed by Bill Gates and Volkswagen said Tuesday that its solid-state battery could charge to 80% capacity in 15 minutes, or about half of the time required for Tesla's newest Superchargers. ![]() QuantumScape, one of the newest entrants to the red-hot electric-vehicle industry, could have one big leg up on Tesla. Account icon An icon in the shape of a person's head and shoulders. ![]()
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