Climate

Lamborghini licenses MIT’s new high-capacity, fast-charging organic battery tech

Comment

An illustration of Lamborghini's Lanzador concept car.
Image Credits: Lamborghini

Lithium-ion batteries have come a long way, but in many ways they haven’t come far enough.

They charge faster than ever before, but there’s still room for improvement. The materials they’re made of, particularly cobalt and nickel, are pricey and problematic. Researchers have been scrambling to find alternative materials, from manganese to sodium. Now they might have another: TAQ.

Unlike nearly every other lithium-ion battery chemistry, TAQ is an organic compound — not the free-range hippie type, but the kind made primarily of carbon. Researchers have been investigating organic materials as cathodes, the negatively charged part of the cell, because they could store more energy at lower cost. But so far, candidate materials haven’t been very durable because they tend to dissolve in the liquid electrolytes commonly used in the industry today.

The new material doesn’t dissolve in two widely used electrolytes, and it sports an energy density that’s 50% better than one of the most common lithium-ion battery chemistries in use today, nickel-manganese-cobalt (NMC).

TAQ, short for bis-tetraaminobenzoquinone, is composed of carbon, nitrogen, oxygen and hydrogen arranged in a row of three neighboring hexagons. The structure is similar to that of graphite, which is almost universally used today as an anode material (the positive terminal). Each TAQ molecule is attracted to up to six others through hydrogen bonds, which aren’t as strong as other bonds but are sufficient to create a nearly flat sheet of the stuff that can be layered atop each other with the holes storing lithium ions.

The material was discovered by Tianyang Chen and Harish Banda while they were working in the lab of Mircea Dincă, a professor at MIT who has a partnership with Lamborghini to help the hypercar manufacturer electrify its lineup. Lamborghini, which previously used a supercapacitor developed in Dincă’s lab in its Sian model, has licensed the patent on the material.

TAQ’s appeal for Lamborghini is obvious: The material holds more energy than existing battery chemistries, appears to be able to last as long, and can be charged quicker. Less mass is paramount in sports cars, and everyone, not just Lambo owners, would benefit from faster charging.

Batteries made with TAQ could also be cheaper. The MIT researchers estimate that the bill of materials for a TAQ cathode could be a third to half as expensive as NMC. Given that NMC cathodes account for nearly half the materials cost of a lithium-ion battery, that could trim today’s battery costs by 10% to 15%.

The actual savings, though, will depend on a lot more than just which chemicals are required to make a battery. TAQ would almost certainly require changes to the way batteries are made. Battery manufacturers, which have either built or planned hundreds of gigafactories around the world, would be hesitant to upend billions of dollars in capital spending. The battery landscape is littered with chemistries that are brimming with potential but haven’t been able to clear the commercial hurdle.

Geopolitics might change that equation, though.

China dominates nearly every part of today’s cathode supply chain, according to Benchmark Minerals Intelligence. Over three-quarters of finished cathode production happens in the country. It also has a stranglehold on nickel, cobalt and manganese production and refining. Further upstream, cobalt mining is also largely under Chinese control. While the majority of cobalt is mined in the Democratic Republic of Congo, Chinese firms own many mines, and the country has a cozy relationship with the DRC’s state mining company that controls most of the rest. TAQ would allow just about any country with sufficient know-how and expertise to make cathodes for lithium-ion batteries.

Even without a geopolitical thumb on the scale, TAQ might still find a place in the market or eventually dominate. A high-price, high-margin product like a Lamborghini is a great place to start since there’s plenty of room to absorb higher costs that result from new, low-volume technologies. It might be the beachhead the chemistry needs to break into the mainstream. That journey, though, will be long and filled with obstacles. Don’t expect a TAQ-powered car in your driveway anytime soon.

More TechCrunch

A data protection taskforce that’s spent over a year considering how the European Union’s data protection rulebook applies to OpenAI’s viral chatbot, ChatGPT, reported preliminary conclusions Friday. The top-line takeaway…

EU’s ChatGPT taskforce offers first look at detangling the AI chatbot’s privacy compliance

Here’s a shoutout to LatAm early-stage startup founders! We want YOU to apply for the Startup Battlefield 200 at TechCrunch Disrupt 2024. But you’d better hurry — time is running…

LatAm startups: Apply to Startup Battlefield 200

The countdown to early-bird savings for TechCrunch Disrupt, taking place October 28–30 in San Francisco, continues. You have just five days left to save up to $800 on the price…

5 days left to get your early-bird Disrupt passes

Venture investment into Spanish startups also held up quite well, with €2.2 billion raised across some 850 funding rounds.

Spanish startups reached €100 billion in aggregated value in 2023, consolidating the country’s position as a midsize European tech ecosystem

Featured Article

Onyx Motorbikes was in trouble — and then its 37-year-old owner died

James Khatiblou, the owner and CEO of Onyx Motorbikes, was watching his e-bike startup fall apart.  Onyx was being evicted from its warehouse in El Segundo, Los Angeles. The company’s unpaid bills were stacking up. His chief operating officer had abruptly resigned. A shipment of around 100 CTY2 dirt bikes from Chinese supplier Suzhou Jindao…

3 hours ago
Onyx Motorbikes was in trouble — and then its 37-year-old owner died

Featured Article

Iyo thinks its gen AI earbuds can succeed where Humane and Rabbit stumbled

Iyo represents a third form factor in the push to deliver standalone generative AI devices: Bluetooth earbuds.

3 hours ago
Iyo thinks its gen AI earbuds can succeed where Humane and Rabbit stumbled

Arati Prabhakar, profiled as part of TechCrunch’s Women in AI series, is director of the White House Office of Science and Technology Policy.

Women in AI: Arati Prabhakar thinks it’s crucial to get AI ‘right’

AniML, the French startup behind a new 3D capture app called Doly, wants to create the PhotoRoom of product videos, sort of. If you’re selling sneakers on an online marketplace…

Doly lets you generate 3D product videos from your iPhone

Elon Musk’s AI startup, xAI, has raised $6 billion in a new funding round, it said today, in one of the largest deals in the red-hot nascent space, as he…

Elon Musk’s xAI raises $6B from Valor, a16z, and Sequoia

Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to take its EV rental service into Southeast Asia early next year, TechCrunch has…

Indian EV startup Zypp Electric secures backing to fund expansion to Southeast Asia

Last month, one of the Bay Area’s better-known early-stage venture capital firms, Uncork Capital, marked its 20th anniversary with a party in a renovated church in San Francisco’s SoMa neighborhood,…

A venture capital firm looks back on changing norms, from board seats to backing rival startups

The families of victims of the shooting at Robb Elementary School in Uvalde, Texas are suing Activision and Meta, as well as gun manufacturer Daniel Defense. The families bringing the…

Families of Uvalde shooting victims sue Activision and Meta

Like most Silicon Valley VCs, what Garry Tan sees is opportunities for new, huge, lucrative businesses.

Y Combinator’s Garry Tan supports some AI regulation but warns against AI monopolies

Everything in society can feel geared toward optimization – whether that’s standardized testing or artificial intelligence algorithms. We’re taught to know what outcome you want to achieve, and find the…

How Maven’s AI-run ‘serendipity network’ can make social media interesting again

Miriam Vogel, profiled as part of TechCrunch’s Women in AI series, is the CEO of the nonprofit responsible AI advocacy organization EqualAI.

Women in AI: Miriam Vogel stresses the need for responsible AI

Google has been taking heat for some of the inaccurate, funny, and downright weird answers that it’s been providing via AI Overviews in search. AI Overviews are the AI-generated search…

What are Google’s AI Overviews good for?

When it comes to the world of venture-backed startups, some issues are universal, and some are very dependent on where the startups and its backers are located. It’s something we…

The ups and downs of investing in Europe, with VCs Saul Klein and Raluca Ragab

Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. OpenAI announced this week that…

Scarlett Johansson brought receipts to the OpenAI controversy

Accurate weather forecasts are critical to industries like agriculture, and they’re also important to help prevent and mitigate harm from inclement weather events or natural disasters. But getting forecasts right…

Deal Dive: Can blockchain make weather forecasts better? WeatherXM thinks so

pcTattletale’s website was briefly defaced and contained links containing files from the spyware maker’s servers, before going offline.

Spyware app pcTattletale was hacked and its website defaced

Featured Article

Synapse, backed by a16z, has collapsed, and 10 million consumers could be hurt

Synapse’s bankruptcy shows just how treacherous things are for the often-interdependent fintech world when one key player hits trouble. 

2 days ago
Synapse, backed by a16z, has collapsed, and 10 million consumers could be hurt

Sarah Myers West, profiled as part of TechCrunch’s Women in AI series, is managing director at the AI Now institute.

Women in AI: Sarah Myers West says we should ask, ‘Why build AI at all?’

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world…

This Week in AI: OpenAI and publishers are partners of convenience

Evan, a high school sophomore from Houston, was stuck on a calculus problem. He pulled up Answer AI on his iPhone, snapped a photo of the problem from his Advanced…

AI tutors are quietly changing how kids in the US study, and the leading apps are from China

Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Well,…

Startups Weekly: Drama at Techstars. Drama in AI. Drama everywhere.

Last year’s investor dreams of a strong 2024 IPO pipeline have faded, if not fully disappeared, as we approach the halfway point of the year. 2024 delivered four venture-backed tech…

From Plaid to Figma, here are the startups that are likely — or definitely — not having IPOs this year

Federal safety regulators have discovered nine more incidents that raise questions about the safety of Waymo’s self-driving vehicles operating in Phoenix and San Francisco.  The National Highway Traffic Safety Administration…

Feds add nine more incidents to Waymo robotaxi investigation

Terra One’s pitch deck has a few wins, but also a few misses. Here’s how to fix that.

Pitch Deck Teardown: Terra One’s $7.5M Seed deck

Chinasa T. Okolo researches AI policy and governance in the Global South.

Women in AI: Chinasa T. Okolo researches AI’s impact on the Global South

TechCrunch Disrupt takes place on October 28–30 in San Francisco. While the event is a few months away, the deadline to secure your early-bird tickets and save up to $800…

Disrupt 2024 early-bird tickets fly away next Friday