What Makes Lithium Batteries So Expensive? Turns out it's not the lithium... it's the cobalt
There's something extremely misleading about the name "lithium battery."
We know why lithium gets all the credit: the chemistry that makes these batteries so powerful wouldn't work half as well without this unique metal.
Even other older rechargeable battery designs are limited in ways lithium batteries just aren't!
What many people don't realize, however, is that lithium really only makes up a tiny part of the battery itself.
Still, lithium-based batteries represent one of the fastest-growing segments of the energy industry today.
The only thing holding the technology back now is price.
And the biggest cost may not be what you think...
read the full article on energyandcapital.com