Volvo Cars CEO Jim Rowan remains optimistic regarding his company’s electric vehicle (EV) future. Rowan was bullish about the long-term potential of electric motors. The CEO, however, appeared more cautious on solid-state battery technology. Solid-state batteries have been promoted as having a potentially transformative effect on electric vehicles.
The U.S. Department of Energy believes solid-state lithium batteries are a safer alternative to lithium-ion batteries.
The possible advantages of solid-state batteries in EVs include:
- Longer driving ranges
- Faster charging times
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