Rising Star: IDTechEx Discusses the Commercial Advancements and Developments of Solid-State Batteries
BOSTON , Nov. 10, 2023 /PRNewswire/ -- The announcement claimed by Toyota that it had a "technological breakthrough" to resolve durability issues and "a solution for materials" for a solid-state battery (SSB) powering EVs in July 2023 has triggered another wave of interest in SSBs, in addition to the continuous efforts from companies such as BMW, CATL, Ford, General Motors, Honda, Hyundai, LG, Mercedes-Benz, Nissan, Panasonic, Samsung, Volkswagen, etc.
- The Japanese government has created the Consortium for Lithium-Ion Battery Technology and Evaluation Center (Libtec) to push forward with research into solid-state batteries.
- In South Korea, the three largest battery manufacturers, SK Innovation, LG Chem, and Samsung SDI, promote joint research on next-generation battery fields, including solid-state batteries.
- US SSB companies have attracted investment from global battery vendors, car makers, and venture capitals, with continuous reported progress.
- The SSE can also be paired with lithium metal anode and high-voltage cathode, leading to potentially higher energy density.