Hemp Batteries: The Future Of The Automotive Market?

By Lucía Tedesco via El Planteo.

Electric cars like Tesla (NASDAQ: TSLA), Lucid Motors (NASDAQ: LCID) and Nio (NYSE: NIO)'s are getting closer and closer to leading the automotive market. As the demand for them grows, batteries will also play an important role, even if they are not yet working in optimal conditions.

According to Forbes, electric vehicle batteries are short-range, take a long time to charge, and pollute the environment. However, Green State reported that there are new plant-based batteries, which may be the solution to the problems generated by conventional batteries, made of lithium ions and graphene.

See also: We Need Hemp-Based Fiber, Food And Building Materials, Not Just CBD, Says Industry Report

Plant-based batteries contain by-products of the hemp plant. They have not yet been thoroughly investigated, but given the intention to further develop the industry, it is likely that there will soon be more news on the subject.

In fact, the company Bemp Research along with the University of North Texas created a lithium-sulfur battery made from boron carbide, a derivative of hemp. The company, through this prototype, concluded that it has advantages over existing batteries. They are cheap, recyclable, lightweight, and can be produced on a large scale.

However, Bemp is not the only one that has investigated hemp in the automotive industry: Alternet Systems created batteries that, according to David Mitlin - the Clarkson University professor hired for this project- are supercapacitors that store much more energy than the already known devices.

See also: New York Governor Kathy Hochul Signs Bill To Bolster Local Hemp Industry
The reality is that this is an expensive alternative today. However, so are those containing graphene and lithium. Therefore, this is an opportunity to include the virtues of hemp in the automotive industry. In fact, its components will be vital to boost the manufacture of auto parts in the future.

Más contenido de El Planteo en español:

• Qué Es el Cáñamo: Para Qué Sirve
• Autos Eléctricos en Argentina: Conocé TiTO, el Auto que Gasta Menos que un Caloventor
• Invertir en Acciones de Vehículos Eléctricos: estos ETF Pueden Tener la Respuesta