Solid-state batteries have been used in small electronic devices such as pacemakers and smart watches.
Solid-state batteries can hold more energy than liquid lithium-ion batteries, a gain that would potentially speed the transition to EVs by addressing a consumer concern: range.
That has made solid-state batteries far more expensive than liquid lithium-ion batteries.
Honda is developing solid-state batteries but has not detailed a timeline for bringing them to market.
Hyundai Motor (005380.KS), another Solid Power investor, has said it plans to mass produce solid-state batteries by 2030.
Persons:
Tesla, Bill Gates, Tim Kelly, Sayantani Ghosh, Kevin Krolicki, Christopher Cushing
Organizations:
Toyota, Reuters, Tesla, Panasonic, Nissan, Honda, Volkswagen, Automotive Cells Co, Mercedes, Benz, ProLogium Technology, Ford, BMW, Hyundai, Solid Power, EV, Thomson
Locations:
TOKYO, SINGAPORE, U.S, Taiwan