As a brand new thing as EV, while solid-state batteries are highly favored by capital, they are also subject to the same intensity of doubt.
Among them, the angle of suspicion that is most often capitalized and bold is: mass production progress.
A new tech myth, or an old capital scam?
The answer to this question can be glimpsed from the solid-state battery boarding schedules of the world’s major automobile companies.
NIO is the “class representative” with the fastest progress among the global auto companies and the obvious first-mover advantage in time. Its semi-solid battery pack is expected to be mass-produced in the fourth quarter of next year.
The fastest Japanese car maker is Toyota
Although a test prototype has been manufactured in 2020, the actual mass production will not be until 2025.
German automobile companies are currently in a state of going hand in hand. Volkswagen Group invested 100 million US dollars in Quantum-Scape, a solid-state battery silicon valley startup company in 2018, and became the largest shareholder.
An additional 200 million U.S. dollars will be added in 2020. This year, the Volkswagen Group announced that it will use solid-state lithium batteries in 2025.
BMW Group invested US$130 million in Solid Power, a solid-state battery startup company headquartered in Colorado, USA this year, and will begin testing and integration of solid-state battery prototype vehicles next year. Prototype vehicles will be launched by 2025 and mass-produced by 2030.
Mercedes-Benz also reached a strategic agreement with Factorial Energy, a solid-state battery startup company this year, to begin testing battery prototypes in 2022, and mass production will be on the road in the next five years. This is the second time that Mercedes-Benz has invested in a solid-state battery company after its cooperation with Hydro Quebec.
US auto makers, a distinct sense of fragmentation.
Ford Group, one of the Detroit Big Three, invested in Solid Power in 2017 and will begin testing products next year. It will enter road tests between 2025 and 2030.
General Motors announced in October this year that it will invest in a new electric vehicle battery research and development center in Michigan, USA, to focus on solving technical problems in solid-state battery research and development. In 2018-2019, General Motors injected capital into Solid Energy Systems, a solid-state battery company.
The Stellattis Group, the world’s fourth-largest automobile company, announced in December that it had signed a joint development agreement with Factorial Energy, a solid electrolyte battery manufacturer based in Woburn, Massachusetts, to introduce the first competitive solid-state battery in 2026 Technology.
To be continued…..
