Nano One announced in June this year the development of a coated, single crystal cathode material for lithium ion batteries that is providing up to 4 times improvement in longevity. The technology is applicable to all of Nano One’s cathode materials but is especially relevant to lithium nickel manganese cobalt oxide (NMC811). According to Nano One, “Increased durability is critical in enabling extended range, faster charging and even million mile batteries for electric vehicles.” QUOTE.
Big shift in EV sales by 2022 , increased cobalt consumption anticipated IMO
https://investorintel.com/sectors/cleantech/cleantech-intel/the-million-mile-battery-is-ahead-for-electric-vehicles-and-investors/
1 million mile battery news.
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