“Tesla recently had a research development breakthrough by removing cobalt and increasing the percentage of manganese used in the Nickel Manganese lithium-ion EV battery. Tesla’s researchers discovered that this resulted in their company’s EV batteries having five times more energy capacity, making them six times more powerful, and enabling a 16 percent range increase for Tesla’s vehicles.”
“While utilizing these EV batteries, the future in general looks very promising for manganese in the Lithium-ion battery world. Manganese is poised to become one of the primary elements and the catalyst in the manufacturing of all new Lithium-ion batteries and future backup energy storage products, harvested from clean energy produced by solar, wind and tidal systems.”
E25 Price at posting:
$1.85 Sentiment: Buy Disclosure: Held
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