We missed a very important breakthrough for EVs with Novonix's new Single Crystale Cathode & DPMG patent, increased Range on a Single Charge....."higher energy density"So not only does this Patent together with Novonix's other product, their PUREgraphite anode material increase the life of EV and Grid Batteries to 1+ million miles, but also reduces the cost and environmental impact significantly.
So between the PUREgraphite anode Material and the Single Crystal Cathode + DMPG Breakthroughs we have the following breakthroughs for EVs and Grid Storage:
1. Longer life from 300k miles to 1-1.2million miles or 40 yrs in an EV and from 8 Yrs on the Grid (ESS) to 20+yrs.
2. Cheaper batteries by at least 25%
3. Longer Range on a Single Charge from the same size battery, which explains all these EV companies increasing range in their vehicles over the last 3-4 weeks to well over 400-420miles
https://themarketherald.com.au/novonix-asxnvx-patents-single-crystal-cathode-tech-2020-06-09/
Novonix (NVX) has patented a novel single crystal cathode productiontechnique, which opens the door to low-cost, high-performance battery cells.
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Ann: Single Crystal Cathode Manufacturing Patented by NOVONIX, page-98
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