The World's "New Oil" -- Batteries

Clean Technica: As Elon Musk alludes to battery breakthroughs at Tesla, a larger question arises: will batteries really “fuel” our automotive future? According to Bloomberg, “For an energy source that’s been around for three decades, the lithium-ion battery is only just hitting its stride.”

“We are at an inflection point. Each year will beat the previous year,” explains Ravi Manghani, a Boston-based storage analyst at GTM Research. “It’s definitely an ‘oh wow’ moment.”

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