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Despite the lack of take-off in the EV market, there are still plenty of new players trying to get into the lithium-ion battery market with new chemistries. But potential customers will only take these newcomers seriously if they can readily supply working cells and batteries for evaluation.
According to Giuseppe Bernini of Solith, a new player can get a pilot line capable of making sufficient cell stacks in a year for the most discerning customers and for less than €1m ($1.4m)— and in the smallest of dry rooms.
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