Olight's new 2.4v battery - what's in it?

Well now that’s interesting. I’d have never thought about a two stage conversion process like that, but it does make sense. Is this just theory or do you know that this is how their cell/circuit is working in this light?

Certainly clever, does seem a bit over the top in terms of complexity and cost vs. our usual approaches. And still with the somewhat lackluster performance from a cold white emitter….so.