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Samsung’s 20-year-life EV battery runs 600 miles on 9-minute charge
(interestingengineering.com)
this post was submitted on 02 Aug 2024
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I'm not sure if we are looking at the same chart. The chart goes up to 500 Wh/kg, the same as this new Samsung battery as per the original article. It's may well be the same battery that gives the chart that value, but notice the years prior it gets higher and higher up to that value.
It might be 10 years away from being the mainstream battery but the battery technology that was 10 years away 9 years ago is almost here.
I was meaning how EVs created a consumer market for huge batteries where prior to that the biggest battery in your house might have been a power tool. But you're right, there was a premium market for emerging battery tech and it increases along a scale like anything else.
Michael Thackeray filed a patent under Argonne National Laboratory for the leading EV battery chemistry worldwide today, Lithium Nickel-Manganese-Cobalt Oxide (NMC), sometime around 2007-2008.
The first cars with that specific technology started coming out in the US market in 2013/2014 IIRC, with EVs coming out before then basing their battery chemistry on NCA (Tesla) or LMO (Nissan Leaf & Chevy Volt).
That's a 5-7 year timeframe from laboratory to mass production.
If you consider new technologies today like Samsung's battery in this article, and make the not so unrealistic leap that we're better at battery production today than in 2013/2014, it's very possible that we see this technology hit the market in 5 years or less.
Technology always improves. It's CAPEX that hinders it, and I'm willing to bet that there are financial interests out there to keep the main battery chemistry NMC and secure steady profits.