Battery Wars: Can The Best Tech Win? 🌎 SOSV CLIMATE TECH SUMMIT 2024

It’s technically challenging to manufacture lithium-ion EV batteries in high volumes, and just six incumbents – CATL, BYD in China, Panasonic in Japan, and LG Energy, Samsung SDI, SK On in South Korea – produce 80% of the world’s supply. Several battery startups aiming to challenge the Big Six legacy with better technology stumbled badly this year, mostly around production and technology issues. Sila Nanotechnologies, on the other hand, has raised $1.3 billion, including $375 million in June, for its silicon (versus graphite) anode batteries, which promise faster charging and greater EV ranges. Sila’s first plant is under construction, in Moses Lake, Washington, and the firm plans to ship their first EV batteries next year to three customers, including Mercedes.

The speaker is Gene Berdichevsky (Co-founder & CEO, Sila). The moderator is Steve LeVine (Editor, The Electric).

This video was part of the 2024 SOSV Climate Tech Summit, a production of SOSV, a multi-stage venture capital firm specializing in human and planetary health and “The First Check in Deep Tech.”
See the full Summit agenda and links to all the sessions here:
https://sosvclimatetech.com/agenda/

More information about SOSV at:
https://sosv.com/