Michael Thackeray filed a patent under Argonne National Laboratory for the leading EV battery chemistry worldwide today, Lithium Nickel-Manganese-Cobalt Oxide (NMC), sometime around 2007-2008.

The first cars with that specific technology started coming out in the US market in 2013/2014 IIRC, with EVs coming out before then basing their battery chemistry on NCA (Tesla) or LMO (Nissan Leaf & Chevy Volt).

That’s a 5-7 year timeframe from laboratory to mass production.

If you consider new technologies today like Samsung’s battery in this article, and make the not so unrealistic leap that we’re better at battery production today than in 2013/2014, it’s very possible that we see this technology hit the market in 5 years or less.

Technology always improves. It’s CAPEX that hinders it, and I’m willing to bet that there are financial interests out there to keep the main battery chemistry NMC and secure steady profits.