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IPFS News Link • Energy

Fisker gets investment from Caterpillar for solid state battery technology

• by Brian Wang

Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.

Fisker Flexible Solid-State Battery will be faster charging, safer and enable more range and costs of less than $100 per kWh.

Fisker's new solid-state batteries use thin-film technology that have been used to make solar cells. Using a new manufacturing process, Fisker says several thin film layers are stacked inside each battery cell, giving them 27 times more surface area than conventional cells. The result is a battery cell with twice as much energy density as a conventional lithium-ion cell. The new cells will last for "well over 1,000" charge cycles.