The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Mercedes-Benz is investing in Chinese developer and supplier of lithium-ion batteries, Farasis Energy, in accordance with the German automaker's goal to become carbon-neutral automotive company. The renowned luxury car manufacturer has invested a purported 13 million euros into Farasis, giving parent company Daimler the option to nominate a representative for a seat on the supervisory board of the battery cell manufacturer. Present contracts with Farasis have been amended and...
Scientists at Karlsruhe Institute of Technology (KIT) in Germany have developed a patent-pending process for what may be a cost-effective and environmentally friendly way to extract lithium from the geothermal waters on the German and French sides of the Upper Rhine Trench. Lithium, a key ingredient in the batteries powering electric vehicles, renewable energy storage and a plethora of rechargeable electric devises. This battery metal is primarily recovered from South...
