AutoFuture EV batteries could contain wood chips thanks to this technological breakthroughNew Zealand start-up secures funding to push its patented biographite process forwardWhen you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
AutoFuture EV batteries could contain wood chips thanks to this technological breakthroughNew Zealand start-up secures funding to push its patented biographite process forwardWhen you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
New Zealand start-up secures funding to push its patented biographite process forward
When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
(Image credit: MEB)
(Image credit: MEB)
The bottom line is, both lithium and graphite make up a large percentage of their construction, and these materials either have to be mined (very bad) or synthetically produced using fossil fuels (also bad).
That could all change thanks to an $18 million investment in New Zealand start-up CarbonScape, which has been pushing its biographite technology for several years now.
According toReuters, demand for graphite is set to outstrip supply within the next few years, so battery makers, the automotive industry and many more big businesses are keen to explore new avenues that don’t rely on tacky to obtain raw materials.
A battery made of wood?
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CarbonScape says it will use the hefty investment to bring biographite “to market on a commercial scale” and to help establish “localised battery supply chains”, rather than relying on import from mined sources or the synthetic production that requires the use of harsh chemicals and fossil fuels.
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