$QS Bets on Iron for New Solid State Batteries

Investment Analysis Clubs Destiny Solutions Corporation
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https://finance.yahoo.com/news/quantumscape-bets-iron-ease-b…

(Bloomberg) – QuantumScape Corp., the solid-state battery startup backed by Volkswagen AG and Bill Gates, said its ability to use iron-based chemistries instead of nickel for battery components could help it mitigate soaring costs for raw materials as it tries to scale its technology.

Prices for key battery metals like nickel and lithium have surged in the past year, threatening to reverse a long-term trend that has helped boost electric-vehicle adoption around the world.

Higher raw material costs could push the average price of a lithium-ion battery pack to $135 per kilowatt-hour this year, the first increase in prices in over a decade, according to BloombergNEF, a clean energy research group.

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I want to see one of these batteries in a real life use inside an EV in all weather conditions:

https://finance.yahoo.com/news/quantumscape-bets-iron-ease-b…

“On the cathode, we’re subject to the same supply chain constraints that everybody else is,” Jagdeep Singh, QuantumScape’s chief executive officer, said in an interview at the Bloomberg Green Summit in New York on Wednesday.

“However we’re cathode-agnostic with our architecture, so we can switch from nickel to iron,’’ he said.

“When you couple iron-based cathodes with our lithium-metal anode, you get a 50% increase’’ in energy density, he added, so that makes them a “viable alternative” to nickel.W