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JCI - 2 EV Battery Makers Are Appealing Investments But Risky
Johnson Controls International plc
Batteries At The Heart Of EV Industry
EV manufacturers are turning to lithium-ion batteries to power their furious slew of new car models and varieties of other means of transportation: trucks, buses, recreational vehicles, boats, drones, trains, and airplanes. Lithium batteries for drones are replacing nickel cadmium and nickel metal hybrids. Meanwhile, R&D is forging ahead seeking alternatives to lithium-ion batteries that serve the full EV and plug-in hybrids market that is climbing to 8-10% of global vehicle production.
My previous article for Seeking Alpha discusses batteries being at the heart of EVs. Yet, the