Which cars will use solid-state battery technology

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.

Are solid state batteries a good option for Ford?

In addition to solid-state battery technology, Ford is also working on lithium-ion phosphate batteries which are cheaper and safer than the current technology. Lithium-ion phosphate batteries are more of a stop-gap solution for Ford as they look to fill in the gap until the solid-state batteries are ready in 2030.

Are solid state batteries a good option for electric vehicles?

Reduced Total Cost of Ownership – With a longer lifespan and lower maintenance requirements, solid state batteries can significantly reduce the total cost of ownership for electric vehicle owners. This is a compelling selling point for cost-conscious consumers, and one that will drive shoppers into dealerships that carry them.

Are solid state batteries a good investment for the automotive industry?

But there’s plenty to get the automotive industry excited about the numerous advantages that solid state batteries bring to the table: Competitive Edge – Vehicles equipped with solid state batteries stand to gain a competitive edge, and dealership personnel that have access to these models could stand out.

Does Toyota have a solid state battery?

Toyota is one of many automakers trying to commercialize solid state batteries. In November 2022, Honda announced a new polymer fabric that would get around the longevity problem. It plans to release an EV with a solid state battery by the end of the decade.

Are solid-state batteries a key to a lightweight electric car?

BMW M CEO Frank van Meel has previously tipped them to be key in creating lightweight electric performance cars. Merc’s tech chief, Markus Schäfer, has questioned whether solid-state batteries are needed, despite the firm’s tie-up with battery maker Factorial.