Today is a good day! A couple of friends and I have invested in a very exciting company called Oxis Energy. Based near Oxford and led by some extremely clever Russian scientists, they have been developing rechargeable Lithium Sulphur battery technology for 6/7 years already. They believe they are on the verge of proving commercially viable, dramatically superior batteries for electric vehicles (both scooters and cars). When I say superior, I mean between 2-4 times the capacity for the same weight.
This technology promises to make Lithium-Ion batteries in electric vehicles obsolete within 3-5 years. I am very excited to be involved with a company that should improve battery technology so much that electric vehicles become something nearly anyone can use. Imagine going 400-600 miles on one overnight charge! I’d save a fortune on petrol.
Other benefits of Lithium Sulphur batteries?
– Biodegradable chemistry
– Inherent safety (highly unlikely to heat up/burst into flames as some Lithium-Ion batteries have)
– No more expensive
If Oxis Energy can be first to market with Lithium Sulphur batteries that make sense of Electric Vehicle manufacturers, they could easily be a $billion company within the next 5 years. At that point I will probably retire to a private island and construct a sun-powered laser weapon, like in James Bond.