Feb 24 2021: Can solid state batteries power up for the next generation of EVs?

Back in Feb 24 2021: Can solid state batteries power up for the next generation of EVs?

Solid-state batteries (SSBs) promise safer, lighter, and more powerful energy storage solutions. After a decade of disappointing products and failed startups, a new wave of companies and technologies in the SSB sector are attracting funding, with electric vehicles (EVs) being a key market.

EVs currently make up about 60% of lithium-ion battery usage, and a survey reveals that EVs need a range of at least 300 miles, charging in half an hour, and costing no more than $36,000 to drive a decisive shift in consumer preference. SSBs have the potential to meet these requirements and revolutionize the EV industry.

Fast forward to Oct 12 2023: Toyota, Idemitsu join hands to mass-produce all-solid-state batteries

Toyota Motor and Idemitsu Kosan have announced a partnership to develop and mass-produce all-solid-state batteries for electric vehicles (EVs). The collaboration aims to introduce these high-performance batteries by 2027-28 and then proceed with full-scale production.

Solid-state batteries have the potential to hold more energy than current liquid electrolyte batteries, which can address the limited range of EVs and accelerate their adoption. Toyota, the world's largest automaker, has already expressed its strategic focus on using these advanced batteries to improve driving range and reduce costs.

How could the development of all-solid-state batteries by Toyota and Idemitsu revolutionize the future of electric vehicles?