China’s leading domestic cathode supplier Easpring has been aggressively courting partners across the lithium battery supply chain. A new member has been added to its group of strategic partners that include SK Group, Huayou Cobalt, Lishen, and WeLion. On July 16, Easpring signed a strategic cooperation agreement for 2022-2025 with QingTao (Kunshan) Energy Development. The […]
Volkswagen EVs Could Deliver Long-Range, Solid-State Batteries By 2024
The Volkswagen Group’s $300 million investment into US solid-state battery startup QuantumScape could pay off with a 50-percent jump in EV range and coffee-stop recharging as soon as 2024. Despite spending billions of euros to launch a fully-fledged instant range of EVs, Volkswagen still lags behind Tesla TSLA -1% in range, perceived as critical in […]
Regional Development of Solid-State Batteries
The rapid growth of the electric vehicle market has driven the development, manufacture and sales of batteries, especially lithium-ion batteries. In the meantime, a number of companies are betting on the next big energy storage technologies, solid-state batteries being one of them. The first application of solid-state electrolytes was in the 70’s as primary batteries […]
Revolutionary Solid-state Batteries Will Create a $6 Billion Market in 2030
BOSTON : Solid-state batteries keep on attracting tremendous attention and investment with the maturing technologies and closeness to mass production. Even with the influence of COVID-19, the potential market size is expected to grow to over $6 billion by 2030, according to IDTechEx’s report “Solid-State and Polymer Batteries 2020-2030: Technology, Patents, Forecasts, Players.” With the […]
Solid State Batteries: The Next Big Thing In Electric Cars
Plug-in vehicle sales have been seeing sizable growth in recent years, with Tesla grabbing most of the attention. Now the race is on with Toyota and several other global automakers taking steps forward in being truly Tesla-competitive for the first time. At 2.1 million sold worldwide last year, sales of battery-electric and plug-in hybrid electric […]
Electric cars: are solid-state batteries the future?
Electric cars will soon cost the same to own as petrol ones – dearer to buy, cheaper to run. But range will still be a bit less and charging a bit slower. So people go looking for game-changers in those fields. Solid-state batteries get a lot of airtime. Small wonder. They replace the wet electrolyte in today’s […]
Toyota and Panasonic Form Joint Venture to Make Electric Vehicle Batteries
The news reflects mounting competition among global battery manufacturers. Toyota Motor Corporation and Panasonic Corporation announced Tuesday that the two companies will establish a joint venture next year to produce prismatic lithium-ion batteries, solid-state batteries, and next-generation batteries for electric vehicles. Contracts concluded today confirm earlier reports of a formal partnership between the two companies, […]
Industry Giants Samsung and Hyundai Invest in Solid-State Batteries
Industry Giants Samsung and Hyundai Invest in Solid-State Batteries Solid Power wins $20 million from automotive and electronics players. Automotive and electronics giants are flooding the battery ecosystem with strategic investments. Solid-state battery startup Solid Power, based in Louisville, Colorado, just won $20 million in a Series A investment round from Hyundai, Samsung Venture Investment, […]