Huge profits in store for firm that can make a great leap in battery technology

The problems of storing and carrying energy for our gadgets and homes are proving difficult to solve. But a breakthrough is sorely needed

From the phones in our pockets to the cars on our roads, almost everything with an electrical circuit needs a battery. But while the rest of the technology industry has made great leaps over the past couple of decades, batteries have not.

The shortcomings of batteries are now one of the biggest bottlenecks in transport, energy, infrastructure and more. Our power demands are ever-increasing, but our ability to carry or store power is limited. Smartphones barely last a day, electric vehicles have much shorter ranges than petrol or diesel cars, and storing energy from sources such as solar panels is difficult.

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