• 3 minutes 2nd Annual Great Oil Price Prediction Challenge of 2019
  • 6 minutes "Leaked" request by some Democrats that they were asking Nancy to coordinate censure instead of impeachment.
  • 11 minutes Trump's China Strategy: Death By a Thousand Paper Cuts
  • 14 minutes Democrats through impeachment process helped Trump go out of China deal conundrum. Now Trump can safely postpone deal till after November 2020 elections
  • 34 mins Shale Oil Fiasco
  • 6 hours USA v China. Which is 'best'?
  • 26 mins Everything you think you know about economics is WRONG!
  • 6 hours Wallstreet's "acid test" for Democrat Presidential candidate to receive their financial support . . . Support "Carried Interest"
  • 2 hours My interview on PDVSA Petrocaribe and corruption
  • 15 hours Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 7 hours Quotes from the Widowmaker
  • 1 day True Confessions of a Billionaire
  • 6 hours Global Debt Worries. How Will This End?
  • 13 hours Petroleum Industry Domain Names
Haley Zaremba

Haley Zaremba

Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the…

More Info

Premium Content

Tech Breakthrough Could Help Slumping Electric Car Sales

While electric vehicles have long been touted as the future of the automotive industry, with Tesla becoming not only a household name but a veritable celebrity in and of itself, the industry is facing serious hurdles to growth and more widespread adoption. The oil industry has waged a quiet but well-documented war against the adoption of electric vehicles in the United States. This week Politico reported that “groups backed by industry giants like Exxon Mobil and the Koch empire are waging a state-by-state, multimillion-dollar battle to squelch utilities’ plans to build charging stations across the country.” 

Meanwhile, in China, which has all but taken over the electric vehicles industry in recent years by monopolizing production chains of the lithium batteries that the standard EV currently depends on, electric vehicle sales are also struggling. Despite showing great promise for continued growth earlier this year, EV sales in China are now in serious decline. Quartz reports that “China’s electric vehicle sales saw their first monthly decline in July. In August, the decline was far steeper, dropping by 16 percent from a year earlier to 85,000 units.” The drop in sales comes in direct response to Beijing’s decision to scale back electric vehicle subsidies in March of this year.

While the current outlook is grim for electric vehicles across the globe, a brand-new report shows that there is a glimmer of hope for the electric vehicles industry. This Monday Smart Energy International reported a breakthrough in EV battery technology developed by the UK company ZapGo Ltd, based in Oxford, England. The new carbon-ion battery will be able to change an electric vehicle a whopping 100 times faster than the current standard EV battery and last an impressive 350-mile (500 km) range. For reference, this is comparable to a traditional combustion engine--a serious feat. Related: UAE: OPEC Can Fill Saudi Oil Supply Gap If Necessary

According to Quartz’s reporting, “the battery has solid-state carbon-ion cells and contains no lithium or cobalt, ensuring relative lower cost and safety.” The article goes on to elaborate that by “using only an advanced form of carbon combined with a new type of ionic electrolyte, C-Ion cells cannot catch fire because there is nothing inside that will burn, while the ionic electrolytes act as a fire suppressant. The advanced materials inside can also be recycled at the end of life.”

The lack of lithium in these new batteries is a groundbreaking development in more ways than one. China has managed to gain a large amount of control over the electric vehicles industry thanks to its near total control of global lithium battery production, and the development of a competitive form of battery will bring much-needed diversity to the sector. 

Apart from China’s production chokehold, lithium also presents a problem in the sense that, much like the fossil fuels that electric vehicles aim to replace, it is a finite, non-renewable resource. Last year OilPrice reported that “if all the conventionally-fueled cars in the world were replaced with electric cars overnight, the global supply of lithium would be completely depleted in just approximately fifty years. Yes, this is purely hypothetical; about three million electric cars are currently in use globally--just a drop in the automotive ocean. That being said, that number is projected to skyrocket over the next decade, reaching a global fleet of approximately 125 million by 2030.” The introduction of a super-powerful non-lithium-based battery would be a much-needed relief to the earth’s supply of lithium. Related: War In The Middle East Is China’s Worst Nightmare

Carbon-ion cells, in addition to being a helpful alternative to lithium, have many inherent benefits of their own. Quartz explains that “C-Ion cells can be packaged into a vehicle’s structural components such as the chassis and panels, allowing the vehicle to safely accept charge at a faster rate than today’s EVs.”

ZapGo has already conducted pilot tests with its prototype of the new C-Ion battery technology that have proven that the device does indeed have the purported capability to “fully charge an autonomous vehicle in just 35 seconds.” What’s more, says Quartz, is that “the battery can be used on 350kW to 1,500kW (1.5MW) EV chargers, 10 times faster than existing superchargers.”

Looks like electric vehicles have been catapulted back to the future.

By Haley Zaremba for Oilprice.com

More Top Reads From Oilprice.com:

Download The Free Oilprice App Today

Back to homepage

Leave a comment
  • One Second on September 19 2019 said:
    Lithium from battery cells is almost 100% recycable. This should be recognised when discussing any potential scarcity of lithium. Also the brine from processing salt water to drinking water will provide a great synergistic source of lithium imo.
  • Rudolf Huber on September 24 2019 said:
    It seems to be human nature that when an insurmountable obstacle is faced, humans come up with some far fetched scheme that provides an anchor of hope for the fledgling development. Thats even true for statecraft and warfare. Hitler pinned his hopes on superweapons when everyone knew the war was lost. The EV industry gorged on a huge hype and Chine was happy to subsidize the development by throwing batteries below cost onto the market in order to have the elephants foot in the future market. Now that future market looks dim and China pulls the subsidies. So, EV's are more expensive than thought and that message is a hard sell. Hence the super battery - that is of course still a theoretical concept. But a nice one.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play