EV battery startup Alsym aims to slash cost, eliminate lithium and cobalt
Alsym Energy, a seven-year-old Massachusetts startup, aims to halve the cost of electric vehicle batteries with a new design that eliminates lithium and cobalt, two increasingly costly ingredients in many current EV batteries, the company said. One of the company's goals is to help make EVs more affordable for a greater portion of the world's population, a key executive said. Alsym has partnered with one of India's top automakers to jointly develop the new battery, Mukesh Chatter, chief executive and co-founder, said in…