Alsym Energy Spoke About its Upcoming Electric Power Solution
Colin Smith — June 15, 2022 — Eco
References: facebook & fastcompany
Alsym Energy is a Massachusetts-based startup that recently emerged from stealth in order to speak about its proprietary battery-power solution. The solution involves a water-based battery that incorporates entirely recyclable materials in order to address nearly every aspect of lithium-ion batteries that is criticized.
According to Alsym Energy, these batteries are cheaper to manufacture, cheaper to recharge, more sustainable, easier to recycle, and are not flammable, which are all large downfalls of current lithium-ion batteries. Two things that Alsym Energy is focusing on is cost reduction and circularity. It believes that these batteries have countless applications from powering electric vehicles to storing off-grid energy for countries around the world.
Alsym Energy stated that “It cannot be 1% of the people buying expensive luxury EVs," meaning that it wants its solution to be affordable enough that it can become a large contributor to the replacement of combustion engines and gas-powered cars.
Image Credit: Alsym Energy
According to Alsym Energy, these batteries are cheaper to manufacture, cheaper to recharge, more sustainable, easier to recycle, and are not flammable, which are all large downfalls of current lithium-ion batteries. Two things that Alsym Energy is focusing on is cost reduction and circularity. It believes that these batteries have countless applications from powering electric vehicles to storing off-grid energy for countries around the world.
Alsym Energy stated that “It cannot be 1% of the people buying expensive luxury EVs," meaning that it wants its solution to be affordable enough that it can become a large contributor to the replacement of combustion engines and gas-powered cars.
Image Credit: Alsym Energy
Trend Themes
1. Recyclable Water-based Batteries - The trend of developing recyclable water-based batteries offers a disruptive innovation opportunity in the cleantech industry, by providing a sustainable and non-flammable alternative to lithium-ion batteries.
2. Circular Economy - The adoption of circular economy principles in battery manufacturing and energy storage industries could lead to more cost-effective and sustainable solutions.
3. Affordable Green Energy Solutions - The trend of developing affordable, eco-friendly energy solutions presents a disruptive innovation opportunity in the renewable energy and transportation industries, by making green energy accessible to a wider range of consumers and businesses.
Industry Implications
1. Cleantech - The development of recyclable water-based batteries presents a disruptive innovation opportunity in the cleantech industry, by offering a sustainable and safer alternative to lithium-ion batteries.
2. Renewable Energy - The adoption of circular economy principles in battery manufacturing and energy storage solutions presents a disruptive innovation opportunity in the renewable energy industry, by promoting cost-effectiveness and sustainability.
3. Transportation - The trend of developing affordable, eco-friendly energy solutions presents a disruptive innovation opportunity in the transportation industry, by promoting the adoption of electric vehicles and renewable energy sources in a more cost-effective and sustainable way.
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