World’s first cobalt-free EV batteries finally launched — here’s why it matters
Chinese EV battery manufacturer SVOLThas unveiledwhat it claims to be the worlds first cobalt-free battery. And thats definitely good news. 40% off TNW Conference! Unfortunately, cobalts value comes with a cost. For starters, cobalt is a finite resource, while demand for it is rising. Sadly, it is estimated that20% of the mines in the DRC use mostly child workers. For instance, Tesla announced during its2020 Battery Daythat it will make cobalt-free electric vehicles....