Startups specialising in batteries and coatings to protect EV parts, and suppliers traditionally focused on niche motorsports or Formula One racing, have been chasing EV contracts. Carmakers design platforms to last a decade, so high-volume models can generate large revenues for years.
"We've gone back to the days of Henry Ford where everyone is asking 'how do you make these things work properly?'," says Nick Fry, CEO of F1 engineering and technology firm McLaren Applied.Bought from McLaren by private equity firm Greybull Capital in 2021, McLaren Applied has adapted an efficient inverter developed for F1 racing for EVs. An inverter helps control the flow of electricity to and from the battery pack.
More huge open mines opening in Africa then... Its okay though at least we can pretend we aren't destroying the planet with the magic fairy dust with charge the battery with... greengrift
Coal powered cars! We’re going backwards!
We don't want them I guess we will have to buy used vehicles that last so we don't have to buy replacement batteries. It's better for the environment not to have batteries that can't be recycled
Bet you can invent some electric cars that don’t randomly blow up!
It will never work