Lithium-ion batteries play a major role in our everyday lives; they’re in our cell phones, solar panels, tablets, cars, and medical devices, to name a few. All these modern technologies are made possible because of batteries. Yet, they’re far from perfect. The Samsung Note 7 self-combusted on nightstands and planes in 2016, injuring customers and causing second-degree burns in one Florida man. Not to mention, the hoverboard’s explosion around the same time, causing a recall of roughly 16,000 hoverboards.
Electric vehicles don’t only move people, they move companies too. And Volkswagen is making big moves when it comes to investing in battery-powered vehicles. According to an article in AXIOS written by Eric Wachsman, director of the Maryland Energy Innovation Institute at the University of Maryland, founder of Ion Storage Systems, and 3rd vice president of the ECS board of directors, in June alone, Volkswagen invested $100 million in QuantumScape, a solid state battery startup. And now, the car company is considering building a factory…
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