Tesla has said that manufacturing bottlenecks have hobbled production of its Model 3 electric vehicle, a problem it expects to resolve in the near future. However, over the longer-term, there could be a bottleneck for one crucial material that is needed to build tens of thousands of electric vehicles.
One of the most important ingredients in the electric vehicle revolution is graphite, a substance that allows for the production of graphene. Graphene is the strongest known material in the world, 200 times stronger than steel. But it also withstands extremely high temperatures without changing its chemical composition. Even better, it is highly flexible. These striking characteristics make it one of the most exciting stories across all technology, not just electric vehicles (EVs). Companies in the market include Ballard Power Systems Inc. (NASDAQ: BLDP), Hydrogenics Corporation (NASDAQ: HYGS), Turquoise Hill Resources Ltd. (NYSE: TRQ), Pretium Resources Inc. (NYSE: PVG), Cameco Corporation (NYSE: CCJ)
For the purpose EVs, graphene is critical to extending the life of batteries, making them more powerful, allowing them to recharge faster, and ultimately allowing the vehicle to travel further distances on a single charge.
This is why Elon Musk is desperate to lock down a stable and secure supply of graphene. There has been a lot of hype about lithium and cobalt as the keys to Tesla’s future, but graphene is even more important.
However, there is no commercial production of tech-grade graphite, the material that is made up of layers of graphene.
The full story is available below.
Source: NB Herald