Article

EQONIC, a UK-based battery technology company, has developed a new battery that reduces energy storage costs by 70% compared to traditional lithium batteries, using abundant, non-flammable, and fully recyclable materials. Targeting a manufacturing cost of £50 ($67) per kilowatt-hour, the technology aims to address environmental concerns linked to mining and battery disposal. EQONIC plans to license its innovation and seek partnerships, although the timeline for commercial launch remains uncertain.