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This battery startup says it’s found a way to make cheap LFP batteries without sacrificing range
Coreshell, a battery materials startup, revealed a breakthrough this week that could lower the cost of lithium-ion batteries while reducing reliance on China.
As a result, silicon anodes have so far been targeted at markets where the price premium can more easily be absorbed, including consumer electronics and high-end EVs. The coating is elastic, helping to hold the material together through charge and discharge cycles, and it also prevents degradation at the surface, he added. To qualify for tax credits on EVs, the Inflation Reduction Act requires a minimum percentage of battery materials to come from domestic sources or from countries with which the U.S. has a free trade agreement; that share is scheduled to increase to 90% in 2028.
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