LTM (ASX) EV and battery thread

Originally posted by Stephan90: ↑

Depending on the definition we already have EVs using real solid state batteries. (just not with an exceptionally high energy density that the industry is developing right now)

"Samsung SDI to start mass production of solid-state batteries in 2027"

https://www.electrive.com/2024/03/05/samsung-sdi-to-start-mass-production-of-solid-state-batteries-in-2027/"Chinese EV brand Hyper says will use all-solid-state batteries in its cars in 2026

https://www.reuters.com/business/autos-transportation/chinese-ev-brand-hyper-says-will-use-all-solid-state-batteries-its-cars-2026-2024-04-12/

"China’s SAIC Motor Says It’ll Mass-Produce Solid-State EV Batteries by 2026"

https://www.thedrive.com/news/chinas-saic-motor-says-itll-mass-produce-solid-state-ev-batteries-by-2026

"CATL expects to produce its own solid-state batteries in small series by 2027"

https://www.electrive.com/2024/04/29/catl-expects-to-produce-its-own-solid-state-batteries-in-small-series-by-2027/"In October, Toyota and Japanese oil giant Idemitsu Kosan announced they would develop and build solid-state EV batteries. The batteries are expected to begin rolling out in 2027, with mass production following."

https://electrek.co/2024/01/11/toyota-solid-state-ev-battery-plans-750-mi-range/

https://financialpost.com/commodities/vw-plans-to-make-solid-state-batteries-ontario

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Stephan, call me a cynic but do you see one thing in common with all those announcements. They are all talking about the future, they have not actually mass produced one yet. Because of the huge benefits of economically produced SSBs everyone wants to be in on the game but at this point in time it is all talk. There are plenty of wheels that can fall off wagons between now and then. Personally I hope everyone of them comes to fruition because it means strong competition leading to better EVs resulting in higher demand for Lithium but SSBs have been arriving soon for a long time now so I will wait and see.