Samsung SDI to start mass-producing solid-state batteries in 2027
South Korean manufacturer sends samples from pilot line to global automakers
KOTARO HOSOKAWA, Nikkei staff writerMarch 7, 2024 02:20 JST
SEOUL -- South Korea's Samsung SDI said Wednesday that it will begin mass production of solid-state batteries for electric vehicles and other applications in 2027.
At the InterBattery trade show in Seoul, the Samsung Electronics group company outlined plans to begin producing high-performance solid-state batteries with an energy density of 900 watt-hours per liter -- a 40% improvement from its lithium-ion cells.
Solid-state batteries are widely considered the future of storage batteries. They have short charging times and high energy density, which can extend the range of EVs. They can also be made lighter and safer than lithium-ion batteries, which contain a flammable electrolyte solution.
Samsung SDI last year launched a pilot production line in Suwon, near Seoul, and is now working to improve the batteries there while honing mass-production capabilities to improve yield.
Also in 2023, the company established a team to promote the commercialization of its solid-state batteries, marketing the product mainly to existing clients like BMW. It started shipping sample batteries to leading global automakers earlier this year.
Samsung SDI will set its production plans for 2027, including how many batteries it makes and where, based on demand.
Other players are making inroads into the field as well. Hyundai Motor is advancing research and development with the goal of mass-producing solid-state batteries in 2027. Toyota Motor aims to start selling EVs equipped with solid-state batteries in 2027 or 2028.
- Forums
- ASX - By Stock
- Good News & Bad News
Samsung SDI to start mass-producing solid-state batteries in...
- There are more pages in this discussion • 2,290 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$4.06 |
Change
-0.010(0.25%) |
Mkt cap ! $12.21B |
Open | High | Low | Value | Volume |
$4.06 | $4.07 | $3.96 | $64.36M | 15.96M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1404 | $4.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.06 | 3400 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1404 | 4.050 |
2 | 1745 | 4.040 |
6 | 108785 | 4.030 |
4 | 109469 | 4.020 |
4 | 174662 | 4.010 |
Price($) | Vol. | No. |
---|---|---|
4.060 | 3400 | 1 |
4.070 | 146947 | 13 |
4.080 | 57767 | 16 |
4.090 | 14600 | 8 |
4.100 | 503548 | 28 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
Last
$4.05 |
  |
Change
-0.010 ( 0.64 %) |
|||
Open | High | Low | Volume | ||
$4.05 | $4.07 | $3.96 | 4355959 | ||
Last updated 15.59pm 02/05/2024 ? |
Featured News
PLS (ASX) Chart |
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online