Silicon transitioning
Yahoo Finance Video Electric vehicles: The entire industry is transitioning to silicon batteries, Group14 CEO says May 9, 2022, 9:51 am Group14 CEO & Co-Founder Rick Luebbe joins Yahoo Finance Live to discuss electric vehicle adoption, raising $400 miliion in funding led by Porsche, and the outlook for lithium-silicon batteries. Video Transcript AKIKO FUJITA: Well, as electric vehicle adoption accelerates, battery technology is increasingly critical for those EV makers as they seek more power, less weight, and cheaper costs. Our next guest thinks his company could have the solution with lithium silicon battery technology, which could also prove useful solving other power problems like grid storage. Let's bring in Rick Luebbe. He is Group14 CEO and co-founder. He's joining us from Woodinville, Washington today. Rick, it's good to talk to you.