Lithium-ion batteries have been the gold standard for rechargeable batteries for quite some time now. And while it has become extremely ubiquitous, the resources it takes to be manufactured continue to be extremely difficult to reach.
Alsym EnergyAlso Read: Here Is What Happens To The Old Lithium Ion Batteries When Electric Cars Are Retired
However, an energy startup dubbed Alsym Energy has developed a novel battery tech that doesn’t really use Lithium-ion or even cobalt for that matter for its batteries. Instead, they’re making use of a top-secret (patent pending) tech that is not only more affordable but also less harmful for the environment.
Reported first by FastCompany, the idea behind the development of the battery was actually to make it affordable to allow it to be widely used. Its goal is to allow manufacturers to create lower-cost electric…