Friday, 24 March, 2023

Porsche bets $400M bet on lithium-silicon batteries for future EVs

<p>Porsche has invested in Group14 Technologies, a lithium-silicon battery developer whose specialisation lies in a silicon-carbon powder that can either replace or augment graphite anodes. Silicon is an appealing alternative as it can hold far more lithium &mdash; up to 10x more in theory. Porsche battery packs are expected to be produced in 2024, according to Group14. BlackRock and Temasek are two of Group14&#39;s investors, and both are big supporters of fossil fuels.<br /> &nbsp;</p>