Solid state car battery companies

Which automakers are leading the way in solid-state battery technology?

Volkswagen is another automaker leading the way in solid-state battery technology. They recently entered a partnership with QuantumScape, a solid-state battery technology company, to the tune of $300 million, to develop electric vehicles powered by solid-state batteries by 2024.

What is a solid-state battery?

This has spurred numerous companies to relentlessly pursue unlocking its full potential. Unlike lithium-ion batteries that use liquid electrolytes, solid-state batteries employ solid electrodes and a solid electrolyte. This design minimizes the risk of leakage and thermal runaway, leading to safer and more stable batteries.

Is Ford a solid-state battery company?

Like BMW, Ford announced a partnership with Solid Power, a solid-state battery technology company, to develop electric vehicles powered by solid-state batteries. Ford and SK on Co., Ltd., their EV battery partner, have made multiple investments in Solid Power to speed up the development of this technology.

Are solid-state batteries the future of electric cars?

LONDON, Jan 16 (Reuters) - Solid-state batteries hold the promise of more energy storage, longer driving ranges and faster charging for next-generation electric vehicles. Yet despite decades of research and billions of dollars invested, their future still looks elusive. Here are some of the companies developing these kind of batteries.

Which companies are launching solid state batteries in 2024?

Honda (7267.T) plans to launch a solid-state battery test line in 2024, aiming to use the batteries in models in the latter part of this decade. It also invested in SES AI (SES.N) to jointly develop semi-solid state batteries. Nissan (7201.T) plans to launch an EV a pure solid-state battery developed in-house by its fiscal year 2028.

What is a substitute for a solid state battery?

Related Read: 7 Startups Innovating EV Charging Technology Graphene batteries, fluoride batteries, sand batteries, ammonia-powered batteries, and lithium-sulfur batteries are replacements or substitutes for solid-state batteries. Fluoride batteries have the potential to run up to eight times longer than solid-state batteries.