How New Types of Energy Storage Technologies are Helping Power EVs
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How New Types of Energy Storage Technologies are Helping Power EVs

By Energy CIO Insights | Wednesday, November 25, 2020

Auto manufacturers are trying to utilize new types of energy storage technologies for EVs to help reduce cost and carbon emissions.

FREMONT, CA: It is impossible to get the full picture of the actual cost of the electric vehicle by just comparing the expense of the energy storage technology with the value of the empty gas tank. Earlier, it was estimated that the electric vehicle shaved thousands off the retail price, including its fuel and maintenance and the number of cars compared to the gas mobile. The primary reason it is less expensive is the EV fuels, and it will be even better if the user uses their EV charging card appropriately.

Moreover, the electric vehicles require less maintenance and repair than the gas mobile, which adds to the cost-cutting. Here are some of the advanced battery technologies that can be used by the Energy Department.

Top 10 Energy Storage Solution Companies - 2020According to the battery researchers, cobalt and nickel are currently being utilized in lithium-ion batteries, so it will be better to switch with the iron or manganese. These new batteries will help the vehicle to decrease its cost along. Furthermore, removing cobalt from the list will allow the EV companies to free their supply chain from the human rights problems that it must face because of the cobalt mining in various parts of the world.

Another type of technology that can be used is in the solid-state, and it might get launched in the market soon. The batters are made of soli and non-flammable material instead of flammable liquid electrolytes. There are many reasons for using this technology, but the significant one is its power to decrease the costs as it removes the necessity of extra engineering systems in the battery. However, removing the additional systems will also enhance the battery range by reducing the weight and offering more space to the energy store components.

Sodium-ion is also a type of energy storage, although it cannot be directly implemented in electric vehicles. But it can notably influence the EV drivers if they prefer more renewable energy for charging the electric vehicles.

Presently lithium-ion batteries are more popular at the wind and solar farms for battery-style energy storage. However, sodium-ion batteries can be less expensive than lithium-ion. Therefore, if the sodium-ion has the power to reduce the expense for wind and solar farms as battery energy storage, it can be beneficial for the electric vehicle market. This is because it helps the natural gas to maintain its present status as the better electricity generating source.

See Also: Top Electric Vehicles Solution Companies

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