Founders: Gene Berdichevsky (CEO), Gleb Yushin, Alex Jacobs Launched: 2011 Headquarters: Alameda, California Funding: $930 million Valuation: N/A Key technologies: Nanotechnology Industry: Automotive Previous appearances on Disruptor 50 List: 1 (No. 34 in 2021)
Persephone Kavallines
As the electric vehicle fast becomes the future for major automakers, critical elements including lithium are poised to be the equivalent of new oils.
Elon Musk has been saying for years that if there’s any business a smart entrepreneur should get into, it’s lithium refining. He didn’t wait too long: The Tesla CEO just broke ground on his own lithium refining plant in Texas this week.
Using metals and minerals in batteries isn’t new, with lithium-ion tech commercially available since 1991, and inside not just the growing EV production lines but smartphones — and in the case of next-generation battery chemistry startup Sila, Whoop fitness trackers. But with the ambitious growth targets for EV production from both automakers and governments, the race is on to secure the natural resources needed for the auto industry’s energy transition, and none is more important than lithium.
According to research published earlier this year from the University of California, Davis, and the Climate and Community Project,“If today’s demand for EVs is projected to 2050, the lithium requirements of the U.S. EV market alone in 2050 would require triple the amount of lithium currently produced for the entire global market.”
That’s potentially bad for a lot of reasons, including the expansion of mining. But there are a variety of workarounds, from new battery recycling programs to reengineering the size of the EV battery, and its chemistry, to do more with less.
Silicon Valley-based Sila, founded by former Tesla engineers, is moving into autos with its new lithium-ion technology to help solve this growing problem.
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Sila is building off the standard approach of two electrodes – an anode (negative) and a cathode (positive) – but with its development of a silicon-based anode to replace graphite, more lithium ions can be stored in the battery, increasing energy density, and more of the battery can be constructed from recycled materials. The company says its approach can increase the energy density of batteries by 20%, and serve as a “drop-in” replacement to give batteries a boost across auto companies.
It shipped its first commercial products in 2021, but the real growth is yet to come, with key EV partners in Mercedes-Benz and the U.S. government.
Last October, the Department of Energy awarded $100 million to Sila for construction of its 600,000-plus-square-foot manufacturing plant in Moses Lake, Washington, part of the multi-billion investment in EVs and battery tech included in President Biden’s infrastructure plan. The 160-acre campus is targeting production of 20 gigawatts of capacity by 2026, which it estimates is enough to power 200,000 electric vehicles. Mercedes’ G Class series is the first production line slated for the new batteries, though production lines are not expected to be fully underway until the first half of 2025.
Sila is not alone in seeking to remake the lithium-ion battery, with rival startups such as Amprius Technologies and Group 14 Technologies also focused on silicon, and in deals with Porsche, and beyond autos, Airbus and the U.S. Army, among others.
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Executives from TravelCenters America (TA) and BP were joined by local elected officials at a ribbon cutting for the two companies’ first DC fast charging hub on I-95 in Jacksonville, Florida – the first of several such EV charging stations to come online.
Frequent road-trippers are no doubt familiar with TA’s red, white, and blue logo and probably think of the sites as safe, convenient stops in otherwise unfamiliar surroundings. The company hopes those positive associations will carry over as its customers continue to switch from gas to electric at a record pace in 2025 and beyond.
“Today marks a significant milestone in our journey to bring new forms of energy to our customers as we support their changing mobility needs, while leveraging the best of bp and TA,” explains Debi Boffa, CEO of TravelCenters of America. Boffa, however, was quick to – but TA is quick to point out that TA isn’ no’t leaving its ICE customers behind. “While this is significant, to our loyal customers and guests, rest assured TA will continue to provide the same safe and reliable fueling options it has offered for over 50 years, regardless of the type of fuel.”
The charging hub along the I-95 offers 12 DC fast charging ports offering up to 400kW of power for lickety-quick charging. While they’re at the TA, EV drivers can visit restrooms, shop at TA’s convenience store, or eat at fast food chains like Popeyes and Subway. Other TA centers offer wifi and pet-friendly amenities as well – making them ideal partners for BP as the two companies builds out their charging networks.
“As we expand our EV charging network in the US, I am thrilled to unveil our first of many hubs at TA locations,” offers Sujay Sharma, CEO of BP Pulse Americas. “These sites are strategically located across key highway corridors that provide our customers with en route charging when and where they need it most, while offering convenient amenities, like restaurants and restrooms.”
The new e2500-THL and TS electric Ultra Buggies from Toro offer construction and demo crews a carrying capacity of 2500 lbs. (on the TS model), six-and-a-half foot dump height (on the THL), nearly 13 cubic ft. of capacity, and hours of quiet, fume-free operation.
For their open-mindedness, those crews will be rewarded with machines powered by 7 kWh’s worth of Toro HyperCell lithium-ion battery. That’s good enough for up to eight hours of continuous operation, according to Toro – enough for two typical working shifts.
And, thanks to the Toro Ultra Buggies’ narrow, 31.5″ width, they can easily navigate man doors on inside jobs, as well, making them ideal for indoor demolition and construction jobs. A zero-turn radius and auto-return dump mechanism that ensures the tub automatically returns to the proper resting position make things easy for the operator, too.
Toro says that each of its small (for Toro) e2500 Ultra Buggy units can replace as many as five wheelbarrows on a given job site. Pricing is expected to start at about $32,000.
GM has deployed three of its HYDROTEC hydrogen gensets to the Los Angeles area as a way to help generate power for EV drivers and emergency vehicles recovering from the devastating effects of the recent wildfires.
“GM is extending targeted local support to our customers and employees who have been impacted by the California wildfires,” said Duncan Aldred, vice president global commercial growth strategies and operations. “We’re finding ways to help get people back on the road and using our resources to make a difference in the recovery in the weeks and months to come.”
The mobile charging station rollout is part of a broader response to the fires from GM that includes “planned” philanthropic contributions to nonprofits serving affected communities, employee giving campaigns to benefit the American Red Cross Los Angeles region and the California Fire Foundation, and a complimentary subscription to Crisis Assist Services, which enables customers with OnStar-equipped vehicles to get information about the fires, receive routing guidance, and access immediate emergency assistance from an OnStar advisor.
GM also says it’s providing customers with damaged or destroyed GM vehicles assistance toward the purchase or lease of a new GM vehicle, subject to certain terms and conditions, which may include certain qualifications and restrictions. The company will also help cover collision repair deductible costs for damage to GM vehicles incurred from the wildfires – again, subject to certain qualifications and restrictions.
Electrek’s Take
While it’s certainly commendable for GM to take steps in an effort to support wildfire victims, it feels like a company that made more than $19 billion in gross profits in 2023 (and over $20 billion in 2022; 2024 numbers aren’t out yet – but the company did well enough to spend more than $6 billion buying back its own stock) could have done better than announcing “planned” donations and asking its employees to pony up. By my math, GM shareholders could have given each of the 163,000 global employees the company had in 2023 a $36,000 one-time bonus in lieu of those stock buybacks.
That said, how many companies are doing nothing at all? Good on GM for trying, then – here’s hoping others step up, too.