As the world moves towards a carbon-free future, several automobile companies are shifting their focus to electric cars instead of gasoline-powered vehicles. While Tesla is leading the EV market, we have seen various electric cars from major automakers such as Hyundai, Ford, Volvo, Porsche, and many others. Although the increasing amount of electric vehicles is good news for the environment, it is bad news for electricity-storage components like batteries. So, a team of researchers has now developed a new compound that promises energy-efficient batteries at low costs.
So, once the researchers refine the new compound and make it market-ready, the cost of batteries could fall. This could also reduce the price of electric vehicles in the future, which would, in turn, ease the transition from gas-powered vehicles to electric ones across the world.
