Electric vehicles are having a moment. Global sales of electric cars surged to over 17 million in 2024 – a jump of more than 25% in one year – and every major automaker is scrambling to secure better, cheaper batteries. For drivers, the promise is tantalizing: longer range, faster charging, and lower prices that could finally make EVs mainstream. But delivering on that promise means rethinking one of the battery’s basic building blocks. Enter silicon anodes, a seemingly humble innovation now at the heart of an intensifying technological race.
In May 2025, a New York-based battery startup called GDI raised an additional $11.5 million,