Iron-Based Cathode Breakthrough for Cheaper Batteries
Recently, researchers have achieved a significant breakthrough by developing an iron-based cathode material, potentially revolutionizing battery technology and paving the way for more affordable, safer, and sustainable batteries, particularly for electric vehicles (EVs).
- The new iron-based cathode material eliminates the need for costly and scarce metals like cobalt and nickel used in battery manufacturing, promising to reduce manufacturing costs of EVs.
- The excessive use of scarce metals accounts for up to 50% of the production cost of lithium-ion battery cells, and their overexploitation may lead to shortages and disruptions in battery manufacturing.
- In contrast, iron is abundantly available on Earth, ensuring a stable ....
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