Graphene looks set to disrupt the electric vehicle (EV) battery market by the mid-2030s, according to a new artificial intelligence (AI) analysis platform that predicts technological breakthroughs based on global patent data.
Graphene-based batteries represent a revolutionary leap forward, addressing many of the shortcomings of lithium-ion batteries. These batteries conduct electricity much faster than conventional battery materials, offer a higher energy density, and charge faster because of Graphene.
Using low-cost graphene in the cathodes enhances charge rates and energy density in batteries, making this technology a game-changer for the industry. This approach helps cut lithium-ion battery charging times in half and reduces manufacturing costs by 12%. CEO Joe Stevenson is leading this startup.
Graphene is an essential component of Nanotech Energy batteries. We take advantage of its qualities to improve the performance of standard lithium-ion batteries. In comparison to copper, it’s up to 70% more conductive at room temperature, which allows for efficient electron transfer during operation of the battery.
According to Focus, there are around 300 organisations currently working on graphene battery technology. Of the top ten companies best positioned to disrupt the battery market with graphene, Focus ranks Global Graphene Group as the leader.
Graphene also exhibits the highest thermal conductivity at room temperature. This means that graphene-enhanced batteries may be able to handle higher charging and discharging rates without overheating, which is essential for electric cars and high-power applications.