Sila technologies Silicon Anode is getting commercialized via Mercedes

Interesting work is happening at Sila Technologies – but they will need 1-2 bn USD to scale up their production to the levels needed to make EV batteries.

As per Elon Musk – 99% of the problems in Battery Technology lie in the scaling up of the core materials technology.Which means that proving a material in the laboratory is just the first step. Then comes the effort to scale up the manufacturing of the technology which requires a lot of money and effort.

However, Tesla has created an entire industry by focusing on the battery technology. And now as per Worm capital, Tesla has a lot of value to unlock by spinning out products which it is developing internally as separate companies – for example, general AI, and then energy storage, all can become separate large companies.