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Month: June 2022

The next holy grail for EVs: Batteries free of nickel and cobalt

By Matt McFarland, CNN Business Twenty-one years ago, Bart Riley and co-founders bet their short-lived company, A123 Systems, on batteries free of nickel and cobalt. They believed the battery technology offered several benefits for automakers in the then-nascent electric vehicle space. The Massachusetts-based startup pitched Tesla on its batteries between 2008 and 2011, Riley recalled,

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