Earlier this year, to massive interest, a European company, with great fanfare, announced a new rechargeable battery with some remarkable properties. If true, this promised a real breakthrough which would have a massive impact on electric vehicles, mass storage batteries etc..
Although I have only secondhand information, allegedly, it looks like a scam to draw in investors.
Meanwhile, major battery companies like CATL in China are making huge strides and investing greatly.
If true, that this was a scam, many will be saddened.
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