Israel based battery startup StoreDot has partnered with electric vehicle company Polestar (NASDAQ: PSNY) to develop a rapidly charging silicon based battery.
Mass production is still a huge hurdle for startups and a reason legacy automakers won’t be going away anytime soon. You can get some engineers and fabricators together to develop a new EV, but they’re going to need massive investments that can withstand several years of losing money to get it off the ground and produce any meaningful number of vehicles.
Mass production is still a huge hurdle for startups and a reason legacy automakers won’t be going away anytime soon. You can get some engineers and fabricators together to develop a new EV, but they’re going to need massive investments that can withstand several years of losing money to get it off the ground and produce any meaningful number of vehicles.