The EV battery race intensified this week with the announcement that a startup financially supported by the U.S. Department of Energy had released a lithium ion battery that stores more energy than the 250 Wh EV industry benchmark. The company, 24M, said its semi-solid state nickel-manganese-cobalt battery had achieved an energy density of 280 Wh and that its approach to battery building would allow it to hit a target of 350 Wh by the end of the year. The target was set by the U.S. Advanced Battery Consortium that, together with the Department of Energy, provided 24M with US$7 million in funding back in 2016. The company said it had already delivered 280 Wh batteries to business partners but did not disclose the names of the partners or the size of the deliveries. However, it did say it had managed to achieve the higher energy density levels at a […]