All-solid-state batteries usher in a decisive moment. 1 article amazing makes it clear!

All-solid-state batteries usher in a decisive moment. Will 2024 be a year of competition or unification

All-solid-state batteries usher in a decisive moment

All-solid-state batteries, an outstanding representative of the next generation of battery trends, have become a shining star in the field of new chemical power sources with their excellent safety performance, high energy density, and ultra-long life.

It is predicted that by 2024, the global demand for solid-state batteries will reach 2.3 GWh, corresponding to a market space of about 1.95 billion yuan. In 2030, its demand is expected to surge to 220GWh, and the market space will be as high as 116.2 billion yuan. Even more optimistic institutions predict that by 2030, the global solid-state battery market space may exceed 300 billion yuan, showing unlimited market prospects.

Industry prospects

If all solid-state batteries are officially put into practical use, it will set off a revolution in the electric vehicle market.

Its emergence will completely change the competitive landscape between hybrid and pure electric models, bringing unprecedented changes to the entire industry. Since 2020, China has begun to vigorously promote the development of solid-state batteries, listed it as a key development target, and accelerated the pace of research and development and industrialization.

By 2023, China has strengthened its research on the solid-state battery standard system to ensure that it can better perform in future applications. It can be foreseen that with the continuous advancement of solid-state battery technology and the expansion of its application scope, the pattern of the electric vehicle market will be completely rewritten and usher in a better future.

On October 12, 2023, Idemitsu Kosan and Toyota Motor jointly announced that they would work together to develop all-solid-state battery mass production technology. Toyota, a giant in the automotive industry, plans to bring us models equipped with all-solid-state batteries in 2025, and in 2030, this new force will be fully erupted and mass-produced.

All-solid-state batteries offer higher energy density than traditional lithium-ion cells
All-solid-state batteries offer higher energy density than traditional lithium-ion cells

Competitiveness

At the same time, BMW is not to be outdone. They plan to release a test car equipped with all-solid-state batteries by 2025, with great momentum. By 2030, BMW’s mass production army will surge out like a torrent.

Mercedes-Benz revealed that they have invested in solid-state battery technology startups in the United States and South Korea, and are always paying attention to the progress of this technology. They plan to start mass production in just 5 years.

Ford’s ambitions are also impressive. They plan to launch models equipped with solid-state batteries in 2026 as if telling us that the future has come.

Nissan is moving forward at a steady pace. They plan to start a pilot plant in 2024, to achieve mass production and listing by 2028.

Volkswagen and Hyundai have also made their plans. Volkswagen plans to use solid-state batteries from 2025, while Hyundai plans to start trial production of electric vehicles equipped with solid-state batteries in 2025 and achieve mass production in 2030.

This is not just a race among major auto giants, but also the enthusiasm and determination of all mankind to explore future energy. We seem to have seen a bright future driven by all-solid-state batteries, smiling and coming to us.

China’s solid-state battery market

In the Chinese market, GAC Aion has made a remarkable breakthrough in solid-state battery technology. Through a unique interface modification technology, the company’s battery life decay has been reduced by 50%, and more than 90% of the battery capacity can be maintained after 150 weeks of battery cycles.

It is exciting that GAC Aion plans to achieve mass production of all-solid-state batteries in 2026, and will first apply this cutting-edge technology to the Haobo model to bring consumers better performance and endurance experience.

At the same time, CATL is not to be outdone and plans to fully commercialize sodium-ion and semi-solid-state batteries in 2024. This battery technology has higher energy density and faster charging speed, which will bring users a more convenient charging experience.

BYD is actively deploying the research and development of all-solid-state lithium batteries and plans to start trial installation in 2025. This technology is expected to further improve the safety and life of power batteries, providing more reliable energy support for BYD’s electric vehicles.

SAIC Group plans to take the lead in promoting the mass production of solid-state battery technology in 2024 to meet the growing market demand for electric vehicles. This move will further consolidate SAIC’s leading position in the field of new energy vehicles.

Changan Automobile plans to gradually mass-produce and apply solid-state battery technology in 2027 and fully popularize its application in 2030. Through this strategic layout, Changan Automobile will continue to improve the performance and user experience of its electric vehicles, thereby standing out in the fierce market competition.

Summary

In summary, Chinese automobile companies have made a series of significant progress in solid-state battery technology. These innovative technologies will bring users a better and more convenient electric vehicle experience, and further promote the vigorous development of China’s new energy vehicle market.

A recent announcement by Volkswagen Battery Company has caused an uproar in the market. PowerCo, a battery subsidiary of Volkswagen Group, has experimentally confirmed that the negative electrode-free solid-state battery sample developed by QuantumScape can withstand 1,000 charge and discharge tests, and its capacity retention rate is as high as 95%.

For an electric car with a range of 500-600 kilometers, 1,000 charge and discharge cycles means that the car has traveled more than 500,000 kilometers, and the battery is almost intact. Does this mean that the decisive moment of all-solid-state batteries has arrived ahead of schedule? Regarding the competitive landscape of all-solid-state batteries in 2024, please speak freely in the comment area. Your attention is my motivation to move forward. Let us witness the brilliant future of this battery technology together.

All-solid-state batteries promise longer lifespans due to reduced degradation mechanisms
All-solid-state batteries promise longer lifespans due to reduced degradation mechanisms

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