US Bets on Faster-Charging Battery in Race To Catch Energy Rivals

The U.S. is far behind its global rivals in the race for energy supremacy in a low-carbon world. To catch up, it is pinning its hopes on companies such as Ion Storage Systems, a next-generation battery company started in a University of Maryland chemistry lab with a $574,275 federal grant. WSJ: At a new factory outside of Washington, D.C., Ion Storage will be among the first companies in the U.S. to produce a new kind of faster-charging, longer-lasting battery. The company's batteries also don't catch fire; combustibility is a problem that has bedeviled the industry's batteries for years. The U.S. government and private investors have poured cash into battery startups hoping to catch up to the Chinese, Japanese and South Korean companies that dominate battery manufacturing. The goal is to leapfrog their rivals with better technology. There is an urgency for U.S. battery makers to get products to market because big customers such as auto makers are lining up long-term suppliers. If there are no U.S. options, the buyers will go abroad. "This is our last chance to get it right" in the U.S., said Ricky Hanna, Ion Storage's chief executive and the former executive director of battery operations at Apple. [...] The company is one of several startups focusing on solid-state lithium-ion batteries. These batteries differ from most lithium-ion batteries today because the electrolyte that conducts a charge between cathode and anode is solid, rather than a flammable liquid. That allows faster charging, less risk of fire and longer battery life. Ion Storage scientists demonstrate their batteries' durability by cutting them open with scissors or putting them before an open flame.

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