Li-ion batteries are expected to be the dominant batteries until 2030 - by a long distance. But Li-based batteries have their limitations - be they in the form of energy density, or with fast charging or with the possible scarcity of core raw materials used (Lithium, Cobalt, Nickel etc.)
Other genres of batteries being experimented could overcome some or most of these challenges. While most of these are not yet at a stage where they can be easily opted for commercialization, energy storage is a critical area for climate action and consequently one with such a vast potential that there needs to be alternatives to Li-ion batteries - we just need a plan B for this domain.
This is the zone where startups such as Gegadyne Energy are currently playing. Their batteries, with their unique proprietary nano-material composites and architectures different from those of Li-ion batteries, have higher energy densities. can get charged from zero to 100% under 15 minutes and have much higher cycle life, according to the startup.
Given the complexity of the energy storage & consumption ecosystems, the current competitive landscape, and the massive investments happening worldwide in this domain, any startup with different architectures carries with them significant uncertainties, but at the same time carry the promise of dramatic returns should their technology succeed. Gegadyne Energy likely belongs to this category.
Team EAI wishes Gegadyne the very best!