17. ULTIUM BATTERY COST … QUICKLY EVOLVING
WE WILL BEAT THE $100/KWH TARGET…
AND WE ARE NOWHERE NEAR THE “BOTTOM” OF THE BATTERY COST CURVE
18. ULTIUM BATTERY – WHAT IS NEXT?
Our recipe is a lithium-protected anode with a
proprietary liquid electrolyte. In our Warren, MI R&D
lab, we have a multi-layer pouch cell that’s already
completed 500 deep charge/discharge cycles, offering
promise for automotive applications.
We are also testing silicon anodes and lithium metal
anodes which will improve vehicle range and
affordability. Early results are promising and already
demonstrating automotive-level durability.