An increasing proportion of renewables doesn't necessarily mean a decrease in overall carbon output. Our per-person electricity consumption keeps rising. AI, electric cars, crypto, air conditioning to mitigate climate change, etc. all demand more electricity each year as they become more popular.
Wins don't come from new growth being sustainable. We need to be actively shutting down the existing unsustainable energy production. It doesn't matter whether this is done by replacing it with renewables, or by reducing our consumption with e.g. efficiency standards for AI and cars.
This is awesome news. Not because of the car, but because it builds the supply lines for an alternative battery chemistry.
People have been using lithium-ion batteries for home and grid storage, which is nuts if you compare it to other battery types. Lithium is expensive and polluting and only makes sense if you're limited by weight & space. Cheaper batteries, even if they're bigger/heavier, will do wonders to the economics of sustainable electricity production.