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Forbes
18 minutes ago
- Forbes
Solid-State Batteries Still Face Hurdles But The Prize Is Huge For EVs
3d rendering group of solid-state or rechargeable batteries Solid-state batteries have been hailed as a game-changer for electric vehicles — always five years away, but never quite arriving. Solid-state champions say the technology, if perfected, would slash EV prices and weight, and maybe double range. Government subsidies wouldn't be required to sell them. Buyers would be infatuated. The trouble is the technology remains on the drawing board. Some experts say a breakthrough is imminent. Others point to problems said to be intractable. Because the prize is so tempting – an EV that can match and beat internal combustion engine's all-around utility - the world's leading automakers and the Chinese state are investing massively. These next-generation batteries seek to use solid electrodes and a solid electrolyte, replacing the liquid or gel electrolytes found in conventional lithium-ion batteries. The consensus opinion is that success is one last heave away. You can exclude Donald Sadoway, Professor of Materials Chemistry at the Massachusetts Institute of Technology, from the consensus. Sadoway, in an interview, said not only is the technology incomplete, the ability to produce at scale remains elusive. The current lithium-ion battery technology, which has moved on from nickel-based chemistry to lithium-iron phosphate (LFP), will have to suffice for a while yet, he says. LFP batteries are cheaper with lower energy density providing less but acceptable range than nickel-based batteries. Nickel batteries will still be needed for more expensive cars which require longer range. Cambridge, England-based technology consultants IDTechEX's vice president for research Dr James Edmondson thinks progress is being made and points out solid-state batteries are not a single technology but encompass various strategies with the ultimate goal of removing the liquid electrolyte and replacing it with a solid one. Some solid-state batteries that already exist have small liquid components. Late in the decade Edmondson expects to see prototypes of truly solid-state batteries between now and 2028 with premium vehicles the first adopters late in the decade. 'In terms of seeing them in larger production volume vehicles we wouldn't expect that until the 2030s. Even by 2035, we are predicting just over 100GWH of capacity for solid-state batteries, compared with our prediction for the overall EV car market at around 3,800GWH in the same year,' he said in an email exchange. solid-state batteries have the potential to revolutionize the battery industry by offering improved ... More performance, safety and longevity; 3d rendering. Will they live up to the promise of half the price, half the weight and twice the power? 'Solid state batteries will inherently start at a high cost due to their much less scaled manufacturing. Average cell cost for typical (lithium-ion) was around 80$/kWh in 2024, and we wouldn't expect solid state to match this until the late 2020s. Half the price would be a long way off, and maybe not possible, especially as lithium-ion is still decreasing, you eventually run into a base bill of material costs,' Edmondson said. 'Energy density for solid state certainly has the potential to be higher than the typical Li-ion. We would expect solid state cells to be able to achieve about 900Wh/L whereas the average high nickel NMC is around 400Wh/L,' he said. Packaging the cells is complicated. 'Overall, solid state should still be able to achieve a significantly higher energy density, but it won't be as straightforward as having cells that contain twice as much energy means a pack with twice as much energy,' Edmondson said. This is premature though, according to MIT's Sadoway, saying fundamental technical barriers remain. 'Solid-state technology is still in the research and development stage and I don't see anything in the market coming close to the finished product,' Sadoway said. Fundamental physical barriers Eliminating the liquid element is proving to be an elusive problem. 'We don't see anything coming into the market-place because of fundamental physical barriers, not any time soon. That's my assumption. I'm prepared to be surprised but I don't see how you can have all the key elements as solid. It really looks too difficult at the moment to overcome these barriers and if you do, there's the ability to manufacture. So there's a scientific problem and a manufacturing (at scale) problem,' Sadoway said. Sadoway has for years pointed out basic problems developing solid-state technology haven't been solved. Sadoway has been working on an aluminum-sulfur battery, which he has said would be cheaper at scale and safer than lithium-ion because it was incapable of burning. The project has stalled for lack of funds. Dr Timothy Gotsick, VP of Technology & Innovation at MacDermid Enthone Industrial Solutions, said today's batteries are already highly effective and efficient. 'It's easy to imagine even greater energy storage. By replacing lithium ions and liquid electrolytes, which are like using a basket-ball sized sponge to hold a cup of water, with lithium metal, you could pack the same energy into something the size of a tennis ball. The theoretical ratio of energy density between a graphite node and lithium metal is a little over 10. That is the basic principle behind a solid-state battery,' Gotsick said. Propel EV beyond ICE cars 'The implications are enormous if this technology can be realized. EVs are already capturing significant market share. With maximum energy density, enhanced safety, and faster charging, nearly all objections to EV adoption would be eliminated. In fact, such advancements could propel electric vehicles beyond the capabilities of today's ICE cars,' Gotsick said. Solid-state battery technology, the next frontier in energy storage, mind map infographics sketch. 'Of course if it were easy, it would already be done. But with stakes this high, many are racing to make it happen,' he said. Gotsick pointed to the leading invetors in solid-state research – Gotsick thinks the emergence of solid-state batteries can be measured in years, not decades. 'The change, when it comes, may look sudden. Due to the modular nature of EVs, it will probably be very easy to swap a smaller battery and its control systems into automotive designs. As a result, as soon as solid-state batteries are viable, they will see rapid adoption,' he said. IDTechEx's Edmondson believes solid-state promise a lot but still have hurdles to jump. Li-ion will maintain market majority 'We would expect production cars with solid-state batteries to be on the roads before the 2030s, but not in much larger production vehicles until the 2030s and even then, traditional Li-ion will still likely maintain the majority of the market share,' Edmondson said. In Europe, politicians have decreed that no new ICE vehicles will be sold after 2035. Forecasts show that is very unlikely with current technology. Rapid introduction of solid-state would transform EV sales. In the U.S., the Trump Administration dropped the plan to force at least half of U.S. new sedan and SUV sales by 2030 to be EVs. That's just as well because MIT's Sadoway says by 2035 in the U.S., ICE, hybrid and EV sales will be roughly the equivalent of today, but another problem will be demanding attention – the electric grid. 'Yes, in 2035 the U.S. the automobile market will be roughly the same as today, but by then the massive demand for electricity from computers, AI and EVs will combine to demand more electricity than the grid can supply,' Sadoway said. Rapid solid-state rollout clearly won't solve all the problems for EVs.
Business Upturn
21 minutes ago
- Business Upturn
CORRECTION – WLTH Opens Private Markets to Everyone with Launch of Tokenised Fractional Ownership in Hadron Energy
Retail investors gain first-of-its-kind on ‑ chain access to early ‑ stage private equity in nuclear micro ‑ reactors PANAMA CITY, Panama and REDWOOD SHORES, Calif., July 20, 2025 (GLOBE NEWSWIRE) — In a release issued under the same headline on July 19, 2025 by Common Wealth, please note that the boilerplate for Hadron Energy was incorrect. The corrected release follows: WLTH, the alternative investments platform operated by Common Wealth ( today announced that it will next week launch its inaugural tokenised private ‑ equity opportunity :: Hadron Energy , a California‑based micro‑modular reactor innovator. The launch is believed to be the first time a blockchain‑native platform offers retail investors worldwide the ability to purchase fractionalised equity tokens in a private company in this manner. Existing initiatives from established asset managers (e.g., Hamilton Lane/Republic) have remain extremely gated, positioning WLTH at the forefront of democratised access to private markets. Market Opportunity & Potential Upside Sector growth: Global micro‑ and small‑modular reactor (SMR) market projected to grow from US$0.65 billion in 2025 to US$8.9 billion by 2037 (19% CAGR) . ( ) Global micro‑ and small‑modular reactor (SMR) market projected to grow from . ( ) Public comparables: Listed peers Oklo and NuScale Power command market caps of approximately US$9.5 billion and US$4.7 billion respectively despite being pre‑commercial. ( , ) Listed peers and command market caps of approximately and respectively despite being pre‑commercial. ( , ) Illustrative exit scenario: If Hadron successfully licenses its first-of-a-kind reactor and secures large power‑purchase agreements, peer benchmarks suggest a potential multi‑billion‑dollar valuation. A retail 'Slice' bought for US$20 today could theoretically be worth US$600–9,000+ under ideal conditions — though returns are not guaranteed and capital is at risk. Investment Highlights Regulatory traction: Hadron Energy was added to the U.S. Nuclear Regulatory Commission's advanced‑reactor pre‑application list in May 2025, less than a year after inception. Hadron Energy was added to the U.S. Nuclear Regulatory Commission's advanced‑reactor pre‑application list in May 2025, less than a year after inception. NRC public meeting: On 8 July 2025 , Hadron hosted a hybrid public meeting at NRC Headquarters to outline its accelerated micro‑reactor licensing pathway; presentation materials are available via the NRC's ADAMS public filing system. On , Hadron hosted a hybrid public meeting at NRC Headquarters to outline its accelerated micro‑reactor licensing pathway; presentation materials are available via the NRC's ADAMS public filing system. DOE recognition: Hadron is featured in the Department of Energy's GAIN Advanced Nuclear Directory (June 2025 edition). Hadron is featured in the Department of Energy's GAIN Advanced Nuclear Directory (June 2025 edition). Commercial momentum: $1.8m raised in this round, a further $2.4m committed as of 16 July 2025 , and the company is negotiating with a leading hyperscale cloud provider to deliver hundreds of megawatts of baseload power to data‑centre campuses. $1.8m raised in this round, a further $2.4m committed as of , and the company is negotiating with a leading hyperscale cloud provider to deliver hundreds of megawatts of baseload power to data‑centre campuses. Engineering expansion: Hadron opened an 18,000 sq ft flagship engineering office in Redwood Shores, California, neighbouring Oracle's campus. Quotes 'Today we put a stake in the ground for financial inclusion,' said Jonathan Woolley, Co‑Founder of Common Wealth. 'By lowering the minimum ticket to just $20 , WLTH is giving everyday people the chance to back breakthrough climate ‑ tech that was previously reserved for elite venture and private ‑ equity circles.' Samuel Gibson, Founder & CEO of Hadron Energy, added: 'Within 11 months our design reached the NRC's official registry — a timeline unheard ‑ of in our sector. Partnering with WLTH lets us convert this regulatory momentum into broad ‑ based support, accelerating our mission to deliver carbon ‑ free baseload power.' How the Token Works Structure: Each 'Slice' (immutable on-chain ownership) represents an exact pro‑rata share in all and any liquidity arising from holding the Hadron equity. Each 'Slice' (immutable on-chain ownership) represents an exact pro‑rata share in all and any liquidity arising from holding the Hadron equity. Standard: ERC‑ 721 token. ERC‑ 721 token. Secondary liquidity: Tradable on WLTH's peer‑to‑peer Slice Marketplace (or other NFT platforms such as Opensea). Tradable on WLTH's peer‑to‑peer Slice Marketplace (or other NFT platforms such as Opensea). Minimum investment: USD 20. USD 20. Distributions: Any dividends or exits are paid automatically in USDC (USD equivalent cryptocurrency stable coin) to token holders' wallets. Offering Timeline (2025) Date Milestone 22 July Priority access opens for WLTH Genesis NFT holders and Top 50 stakers 23 July Public sale opens 24 July Allocation finalised, secondary trading enabled Innovation In another first for the industry, the WLTH platform will also allow users to gift this investment—or a portion of their own—to friends and family using only an email address, making a stake in a private company as easy to give as an e-gift card. About WLTH WLTH is an alternative investment platform for the 99%. Using the best of web 2 and 3 to open access to highly gated opportunities across RWA, private equity, venture capital, and crypto income creating strategies. The protocol has undergone multiple smart‑contract audits (Hacken, 2023–24) and has distributed over $1.5 million in community rewards to date. Learn more at . Read about the deal and opportunity here: About Hadron Energy Hadron Energy is a California-based company developing the Hadron Carbon Cell (HCC), a transportable micro-modular reactor. The factory-built system is a light-water reactor using low-enriched uranium to produce 2-10 MW of continuous, carbon-free power. The company is currently engaged in the licensing process with the U.S. Nuclear Regulatory Commission (NRC) to bring clean, resilient energy to industrial and government customers. Media Contacts: [email protected] Follow on X to stay up to date: @joincommonwlth Disclaimer: This content is provided by Common Wealth. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. GlobeNewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
28 minutes ago
- Yahoo
1 Incredible Reason to Buy This Value Stock Before Wall Street Catches On
Key Points Qualcomm has struggled amid the upcoming loss of a major customer and heavy China exposure. The company's emerging product lines arguably give investors good reason to take advantage of its low valuation. 10 stocks we like better than Qualcomm › In recent years, investors have largely overlooked Qualcomm (NASDAQ: QCOM) stock. The leader in smartphone chipsets faced declining revenues after the 5G upgrade cycle ran its course, and the demand for AI-enabled phones has so far not fostered a comparable growth cycle. Plus, Apple is on track to drop Qualcomm as a chipset provider in 2027, and the company's heavy exposure to China has weighed on the stock. Still, despite those challenges, investors may be overlooking a compelling reason to buy this value stock. Here's why. Why investors should expect a Qualcomm comeback In short, the reason to buy Qualcomm is its emerging business lines. Indeed, struggles in the smartphone chipset business could continue. However, Qualcomm has long anticipated a day when smartphones would become less critical. It has expanded into new business lines, including IoT, automotive, and more recently, the PC business. It also plans to design custom processors that will integrate with Nvidia's AI chips. These moves are showing early signs of success. Although revenue growth was 17% year-over-year in the first half of fiscal 2025 (ended March 30), IoT revenue grew 31% during that period, and automotive revenue surged 60%. This is far above the 12% increase in the handset chip sales that still drive most of the company's revenue. What's more, Qualcomm's costs and expenses grew at levels closely approximating revenue growth. Still, its $6 billion in net income in the first two quarters of fiscal 2025 rose by 18%, indicating the company's chip businesses are in an up-cycle. Although Qualcomm did not report numbers on its PC business, it expects to generate $4 billion in annual revenue from that business by fiscal 2029. Finally, despite double-digit profit growth, Qualcomm stock sells at a P/E ratio of 16. This indicates that investors have largely ignored the growth potential of this chip giant. However, with the rapid growth in Qualcomm's newer business lines, investors may want to take advantage of the low P/E ratio before more investors take notice. Do the experts think Qualcomm is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Qualcomm make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,048% vs. just 180% for the S&P — that is beating the market by 867.59%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Will Healy has positions in Qualcomm. The Motley Fool has positions in and recommends Apple, Nvidia, and Qualcomm. The Motley Fool has a disclosure policy. 1 Incredible Reason to Buy This Value Stock Before Wall Street Catches On was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
