Batteries have become much cheaper, making energy storage far more affordable.

    • Jalfred_prurock@lemmy.today
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      1 hour ago

      I see that bitchy downvoters are a thing here just like on Reddit. Anyone who thinks solid state batteries are not the next big thing is simply wrong.

      It absolutely is the next big thing. Whether SLDP ends up being a brilliant investment is obviously a much more complicated question.

    • UnderpantsWeevil@lemmy.world
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      2 days ago

      I’ve been losing money on Dragonfly for months. Unfortunately, the market can be irrational longer than you can be solvent.

      • Jalfred_prurock@lemmy.today
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        1 hour ago

        Always true for any investment. A bit of a gamble. Of course it doesn’t help that Trump tries to emphasize internal combustion engines over electric cars. But he will be gone soon enough. The entire world is transitioning to electric cars. Some people will try to hang on to the old tech. It won’t last.

        • UnderpantsWeevil@lemmy.world
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          43 minutes ago

          But he will be gone soon enough.

          The fossil fuel lobby is older than Trump and far more influential, digging its roots deep into both major parties back to the Cleveland administration.

          • Jalfred_prurock@lemmy.today
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            19 minutes ago

            Absolutely agree. That said, there sure are a lot of Teslas and Rivians driving around today. My bet is that solid state batteries, which are right around the corner, will significantly change things.

            If you have an electric car that can recharge in the same amount of time that it takes to fill the tank with gas, and that has a range of 500 mi plus, how is it not better and easier than a gas car in every way?

      • Jalfred_prurock@lemmy.today
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        2 days ago

        It’s the only company that has true solid state technology that it can produce at scale. Or, soon will be able to. Its main business model is selling the electrolyte powder to battery manufacturers. Do some reading on seekingalpha.com if you are interested