Making solid-state EV batteries without the rare and expensive lithium could become reality as Japanese scientists discover a viable alternative using magnesium ions. Magnesium is cheap and abundant and the long struggle to improve its conductivity in solids has finally overcome the material's shortcomings.https://www.notebookcheck.net/Magnesium-ions-conductivity-breakthrough-paves-the-way-for-solid-state-EV-batteries-without-expensive-lithium.638783.0.html
Oh so that means they will be cheaper right? Right? No infact I'm sure they will be more expensive. Don't ask me why
The only way car companies are going to create EV vehicles with a price point of $25/30K is to have a battery that costs $2K instead of $16K inside it. The move away from lithium is inevitable, the cost is too much.