The cheaper battery could be lucrative as more people turn to electric cars in the aftermath of the Volkswagen emissions scandal
German electronics firm Bosch says it will have a solid state battery on the market by 2020 that will double the range of electric cars at half the cost of today’s batteries.
Today the cheapest electric cars, which cost around $30,000, typically have a range of less than 100 miles.
Once commercialised, this new battery could give affordable electric cars a range of over 200 miles per charge – and at a lower price.
The acceleration in the development of this new battery comes with Bosch’s acquisition of Californian startup Seeo, which already has sample cells of this battery.