
Climate Tech Investing in Deep Decarbonization
Climate Rising
Is There a Cost Effective Alternative to Lithium-Ion?
The challenge is finding a much, much more cost effective battery chemistry. And so form has an approach that is an iron-air battery. The benefit of an iron- air battery is that the cost entitlement is extremely low relative to lithium-ion. So if they can scale up the technology as we hope that they will, then they can deliver energy storage at a tenth the cost of Lithium-ion.
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