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The Race For Copper Supplies & The Company Tackling Fishing Net Waste | WEF | Stories of the Week

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The video introduces a groundbreaking new battery technology that promises to revolutionize the energy landscape by offering half the weight and double the capacity of current models at a lower cost using locally available materials. The inventor, driven by a deep concern for the 600 million people worldwide who lack access to electricity, has dedicated over a decade to solving the limitations of existing battery designs. His primary goal is to enable greater energy stability and positive global impact, leading him to question why his initial invention of the lithium metal battery was not immediately commercialized and ultimately figuring out the solution to bring it to market. The core innovation lies in eliminating graphite, a traditional component that acts merely as a sponge for lithium ions but requires a significant amount of material relative to the energy stored. By removing the need for six carbon atoms to host every single lithium atom, the new design utilizes pure lithium metal directly, which drastically reduces weight and increases capacity. This streamlined process also allows for rapid deployment without relying on traditional lithium compounds, enabling these advanced batteries to be brought online very quickly to meet growing global demands. Beyond the technical breakthroughs, the narrative highlights significant challenges in bringing this technology to life, particularly within specific markets like India's two- and three-wheel vehicle sector. The inventor expresses a strong passion for this region, noting that successfully cracking this market would dramatically improve air quality and directly enhance people's lives. However, he acknowledges the inherent difficulties of operating in a traditionally male-dominated industry, which often breeds skepticism, alongside the universal struggle of raising capital, evidenced by statistics showing that women founders receive a tiny fraction of venture capital compared to their male counterparts. Ultimately, the story concludes with a vision of a more sustainable and equitable future powered by accessible energy solutions. The inventor's journey reflects not just a scientific achievement but also a commitment to social responsibility and overcoming systemic barriers in the business world. By focusing on practical applications that solve real-world problems like pollution and energy poverty, this new battery technology represents a pivotal step forward in making clean energy available to everyone, regardless of gender or location, while challenging the status quo of how batteries are manufactured and distributed globally.
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[music] >> There really is a new battery out there that is half of the weight of today's battery and twice the capacity that can be made with the lower cost using locally available materials. >> [music] >> I believe all human life is created equally and all people are equal and it really keeps me up at night that 600 million people don't have electricity. I have spent the last at least 13 years of my life doing basically nothing but thinking about batteries and the >> [music] >> impact of enabling batteries and and energy stability and [music] how it could impact the world. >> [music] [music] >> He invented the lithium metal battery and [music] it should have been the battery that was commercialized but it wasn't and I could not stop thinking about this until I had [music] figured out why. So think about [music] your kitchen sink and you put soap on a sponge and then you put that sponge in a pan and it delivers the soap. That is literally all graphite does in your battery and you need a lot of it. You need [music] six carbon atoms to host one lithium. So if you want to improve the energy density and have a battery [music] that is half of the weight and twice the capacity, you simply need to eliminate graphite. >> [music] >> And how do we do that? By using pure lithium metal. >> [music] [music] >> It's a very quick process, and because I don't need traditional lithium compounds that are used in today's battery, [music] I can bring these batteries online very, very, very quickly. I think where we're going to see a lot more impact is [music] in markets like the two and three-wheel market in India, which I'm incredibly passionate about, because cracking that market will dramatically [music] change the air quality in India and have a direct improvement in people's lives. It's also a traditionally very male-dominated [music] space, so there's just inherent skepticism that comes along with that. [music] And of course, the challenges um of raising capital that are not at all unique to me. [music] Last year in the United States, women received 1.2% of all venture capital. The year before it was 2%, [music] and here's a fun fact for you. Of all the companies that have ever been public that a founder [music] took from beginning to public, only 30 of them were were women. >> [music] [music] >> Mhm.