Cooper Katz McKim

Dan Walter studies the rapid growth of electrotech-like batteries.

Dan Walter studies the rapid growth of electrotech-like batteries.

Right. It's kind of satisfying to click in at that one.

Right. It's kind of satisfying to click in at that one.

Right. It's kind of satisfying to click in at that one.

We've all definitely used those batteries at some point. That's basically at the root of what Dan calls the battery domino effect.

We've all definitely used those batteries at some point. That's basically at the root of what Dan calls the battery domino effect.

We've all definitely used those batteries at some point. That's basically at the root of what Dan calls the battery domino effect.

Over time, people wanted longer-lasting and cheaper batteries, so companies had an incentive to develop them.

Over time, people wanted longer-lasting and cheaper batteries, so companies had an incentive to develop them.

Over time, people wanted longer-lasting and cheaper batteries, so companies had an incentive to develop them.

Yeah. And the whole story starts over as another sector finds use for that same battery from camcorders to laptops, e-bikes, three wheelers, cars. Each sector is full of people who want better batteries and will pay for it.

Yeah. And the whole story starts over as another sector finds use for that same battery from camcorders to laptops, e-bikes, three wheelers, cars. Each sector is full of people who want better batteries and will pay for it.

Yeah. And the whole story starts over as another sector finds use for that same battery from camcorders to laptops, e-bikes, three wheelers, cars. Each sector is full of people who want better batteries and will pay for it.

Yeah, that's a perfect transition to Dan's second point because the growth of EVs is a big part of this story. Long before others were investing in battery storage like back in the aughts, leadership in China saw an opportunity with the technology and became a hub for manufacturing batteries. It wasn't a big market yet, but they saw an opportunity. Wow.

Yeah, that's a perfect transition to Dan's second point because the growth of EVs is a big part of this story. Long before others were investing in battery storage like back in the aughts, leadership in China saw an opportunity with the technology and became a hub for manufacturing batteries. It wasn't a big market yet, but they saw an opportunity. Wow.

Yeah, that's a perfect transition to Dan's second point because the growth of EVs is a big part of this story. Long before others were investing in battery storage like back in the aughts, leadership in China saw an opportunity with the technology and became a hub for manufacturing batteries. It wasn't a big market yet, but they saw an opportunity. Wow.

And as EVs got more popular, it drove the volume of larger, lighter, denser batteries way up. That made batteries way cheaper.

And as EVs got more popular, it drove the volume of larger, lighter, denser batteries way up. That made batteries way cheaper.

And as EVs got more popular, it drove the volume of larger, lighter, denser batteries way up. That made batteries way cheaper.