EV Market Riding On 10 Year Old Technology - Next Major Advance At Least Another 10 Years Away

The future success of electric vehicles largely rides on the battery systems that drive them, particularly regarding their development and costs.

But while the newly established Kentucky-Argonne Battery Mfg. Research and Development Center here is focused on cutting battery costs and improving manufacturing processes, its researchers are hesitant to say a big breakthrough is around the corner.

In fact, it likely will be at least a decade before current technology takes a major step forward.

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