A Trick for Making Batteries Safer Could Also Make EVs Affordable

SolidEnergy says its new battery materials store more energy and won’t catch fire.


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Kevin Bullis, MIT Tech Review

Bulky and expensive batteries are the bane of electric vehicles. A new MIT spinoff company, SolidEnergy, says it has a solution: materials that can increase the amount of energy that lithium-ion batteries store by 30 percent or more and lower costs enough to make electric vehicles affordable.

The startup recently raised $4.5 million in its first round of venture funding. It is working with A123 Venture Technologies, part of the battery maker A123 Systems, to scale up the technology and bring it to market.

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Read the full article on MIT Tech Review