“Alsym’s Mission: Bringing Electric Illumination to One Billion Homes”
![Alsym Battery Lab](https://techgroundnews.com/wp-content/uploads/sites/4/2024/04/alsym-battery-lab-768x512.jpg)
Alsym wants to ‘light up homes for a billion people’ with its new batteryLithium-ion batteries have transformed the global economy, making possible everything from smartphones and laptops to electric vehicles, e-bikes, and more.
With the advent of cheap solar, making electricity has never been cheaper or easier.
The electrolyte is water-based, a departure from the flammable organic solvents used in lithium-ion batteries.
Alsym also says its batteries will be cheaper than lithium-ion, thanks to the less exotic materials and simpler packs.
Ultimately, it will partner with existing battery manufacturers, since Alsym’s batteries can be produced using existing equipment.