There seems to be progress on Aluminum air batteries. These are more eco-friendly and cheaper to produce. They charge faster too. They are also working on swapping model for these batteries. This also reduces energy imports from other countries which could be an important driver for their adoption. https://www.moneycontrol.com/news/a...sed-batteries-indianoil-jv-chief-9882511.html https://www.aninews.in/news/nationa...stry-experts-at-auto-expo-202320230113230521/ https://energy.economictimes.indiat...e-ioc-phinergy-pavilion-at-auto-expo/96981534
The biggest problem with these is they can't get them to recharge without taking away 75% of it's lifespan. 1 Aluminum air battery can last 5 x longer than a lithium, but a rechargeable aluminum battery might only last 20% longer. This could be a good investment, I just wouldn't throw my life savings at it.
Investing in battery stocks is like searching for the holy grail. Not only are you betting on the technology but you are betting that one of the companies in your basket will be a tremendous winner which overcome the losses from companies which don't succeed.
%% NOT any more than you could afford to lose\ or not any more than you would hate to lose FOR those that live IN CA, ''please dont charge your EV they pleaded recently'' Nothing like goofy gov planning In CA\ no wonder TSLA + so many moved out to less goofy gov.....................................................................................................
Everyone needs to be investing in fusion. To hell with this battery nonsense. When we can turn trash into unlimited energy, the world will change in ways even Roddenberry could not forsee.
Some members here who commented did not see that some companies that have now invested in this tech are Fortune 500 companies and existed for several decades now. So, this is no science fiction movie. And, they obviously did not look into the geo-political reasons why the countries involved are pushing for these technologies. Lastly, they did not understand the market size that is on the offer by the respective governments which are eager to get this into production precisely for the geo-political pressures. My only concern is how much this tech contributes to the bottom lines of those companies which are fairly large and not taking out their existing profitable businesses.