Electric Vehicle Battery Materials Market to be Worth $156 Billion by 2031

The need to increase the storage capacity, lower the cost, and extend the life of lithium-ion batteries is generating the need to develop battery technologies. Some institutes are taking a step to develop battery technology that can improve the battery capacity. DevAdvanced Institute of Science and Technology (JAIST), Japan, discovered a binding copolymer called bis-imino-acenaphthenequinone-paraphenylene (BP) to glue electrodes in the battery.

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