Stellantis is doubling down on solid-state EV batteries and hedging its bets with hydrogen fuel cell vehicles for light-duty commercial use.
ByThe line separating EV batteries from hydrogen-fueled mobility is getting thinner, and Stellantis provides a good example. Last year the global automaker made some big moves in the fuel cell truck area and threw down a cool $200 million for a stake in the US battery startup Factorial Energy, too. Stellantis is already showcasing Factorial’s new solid-state EV batteries this year, which leads one to wonder if they have any new fuel cell news up their sleeves for 2023, too.
Eco-friendliness is another attraction. In recent years, automakers have been courting favor with the environmentally sensitive members of the car-buying public. They are leaning on their supply chains to use more sustainable materials, reduce greenhouse gas emissions, and follow ethical business practices.
Solid-state EV batteries generally use more lithium than conventional batteries, which can raise some sustainability issues depending on. On the plus side, some automakers see an improved potential for recycling solid-state EV batteries, helping to relieve pressure on virgin sources. Solid-state technology also uses significantly less graphite and cobalt, both of which are fraught with environmental and ethical issues.
In particular, the US Department of Energy has raised the alarm on cobalt. “Right now, Co can make up to 20% of the weight of the cathode in lithium ion EV batteries. There are“Cobalt is mined as a secondary material from mixed nickel and copper ores. This means the supply is not independent of other commodity businesses and introducing new recovery projects is expensive,” they add.
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