It seems to be human nature that when an insurmountable obstacle is faced, humans come up with some far fetched scheme that provides an anchor of hope for the fledgling development. Thats even true for statecraft and warfare. Hitler pinned his hopes on superweapons when everyone knew the war was lost. The EV industry gorged on a huge hype and Chine was happy to subsidize the development by throwing batteries below cost onto the market in order to have the elephants foot in the future market. Now that future market looks dim and China pulls the subsidies. So, EV’s are more expensive than thought and that message is a hard sell. Hence the super battery – that is of course still a theoretical concept. But a nice one.
Electric vehicles have seen a shocking slump in sales, but a new tech breakthrough could breathe new life into the industry