The shortage of upstream raw materials has become a bottleneck restricting the development of the new energy vehicle industry. From 2020 to the present, the price of lithium carbonate, the main raw material for new energy vehicle batteries, has risen by more than 10 times, and the cost increase has been passed on to the OEM, which has no choice but to respond with price increases. Even as strong as Tesla, it can’t be alone. In the most recent earnings call, Tesla CEO Elon Musk called for increased investment in lithium mining to fill the huge supply and demand gap caused by the popularity of electric vehicles. He said battery production and, more precisely, lithium was the “fundamental limiting factor” in the adoption of electric vehicles globally. “We think we need to help the industry in this regard. In fact, the current profit margin of the lithium industry is almost equal to that of the software industry.” In response to the current predicament, the industry has accelerated the pace of upstream raw material mining on the one hand, and is also vigorously Develop next-generation batteries. Lithium-sulfur batteries are considered one of the potential candidates. Recently, Theion, a German start-up company, handed over their “answer sheet”, launched crystal batteries with diverse application scenarios, and began to promote commercialization. 01What is a crystal battery? The .
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