This battery startup says it’s found a way to make cheap LFP batteries without sacrificing range

News Snapshot:

Cost remains the one of the biggest hurdles to electric vehicle adoption. Most of today’s EVs sell for higher prices than fossil fuel-powered vehicles, and that’s keeping a lot of people from purchasing one. That might soon change. Coreshell, a battery materials startup, revealed a breakthrough this week that could lower the cost of lithium-ion batteries. It wouldn’t be the sort of advance that unlocks 500-mile-range EVs, but not many people need that sort of capability. If Coreshell’s approach can prove its worth, it could pave the way to cheaper batteries that aren’t dependent on China. Forecasts for cheaper EVs...