The electric car revolution has gained significant momentum in the recent years as countries around the world continue to phase out fossil fuels in favor of renewable energy. While the adoption of electric cars has made impressive strides, the aviation industry has lagged. The lack of growth in battery technology in this particular sector may be attributed to bulky Li-ion batteries and the fact that battery tech is currently unable to meet the power demands of airliners.
If this new battery chemistry is commercialized, it could open up a whole new ecosystem that would create new market opportunities for enterprises like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) that are working to…
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