When we talk about the main goals of the transportation industry; such as reducing dependency on oil, a more efficient energy transformation, significant CO2 reductions and lowering local emissions – it’s all enabled by batteries. Silvia adds, “To facilitate the energy transition and to use renewable energy sources, storing that energy is dramatically important.” Auto industry leaders such as Tesla are using new battery technology to grow the industry from the current <1% of the total global passenger car market, to make it possible for battery electric vehicles (BEVs) to be in everyone’s garage. For example, they have just announced a $25K electric car to hit the market within the next three years, and they can offer it at this low price due to its new battery cell (and manufacturing strategy).