Dr. Qichao Hu

There's nickel cobalt manganese, where cobalt is less than 10%.

And then the other type is lithium iron phosphate.

So it's actually cobalt-free.

There's no cobalt in that type.

So it's not a constraint anymore.

Yeah, and also recycling.

So, for example...

And now we have lithium coming out of mines.

So one example, you take lithium coming out of mines in Chile, and then that gets shipped to China to get processed and assembled into a battery and then sold into a vehicle in the US.

And then this battery in the vehicle gets recycled in the US.

And then that lithium, that nickel, that manganese get used for the new battery.

Yeah.

So the recycling actually allows you to not go back to the mine anymore.

I mean, there's some loss, some loss, less than 10%.

So each time you lose some, but it's to the most part, it's pretty efficient.

Yeah, so it's almost like the Britannica, the encyclopedia, right?

And we put a lot of emphasis on the data and then two kinds of data, again, dry data and the wet data.

So we really want to map the entire universe of materials and all the properties, not just batteries, but then like pesticides, detergents, cosmetics, oil and gas, paint, basically everything.

All these materials boil down to small molecules and then there is not an encyclopedia of all these materials.

So our goal is to gradually build this database of all the materials and then map it.