EV sales have hit a speed bump. Using AI to improve their batteries could get more people in the driving seat. [Video]

EV sales appear to have hit a speed bump.

Demand for the vehicles in the US has cooled over the past year, with some automakers pausing hefty investments as sales grow more slowly than expected.

Surveys have shown that consumers’ concerns about EVs include cost, charging, and range. All of these have their roots in the most expensive and crucial part of any electric vehicle — the battery.

Jason Koeller, cofounder of battery startup Chemix, thinks that could change, thanks to AI.

“When you think about EV adoption, nearly all of the reasons why people don’t want to buy EVs have something to do with the battery,” he told Business Insider.

“Either it’s too expensive or the range isn’t long enough, it doesn’t charge fast enough, or there are perceived safety concerns — whatever it is, it all boils down to the battery,” he added.

The AI wave hits EVs

California-based Chemix, which raised $20 million …