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IDTechEX: solid-state battery market will grow to $8B by 2031

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A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. Under most of the mass-production plans, the solid-state battery will likely take off after 2025, although small-scale production may happen even earlier, IDTechEX said. Major solid-state battery players globally.

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Bosch, GS Yuasa, Mitsubishi form JV for next-gen Li-ion battery technology; targeting a doubling of capacity

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and Mitsubishi Corporation have set up a joint venture—Lithium Energy and Power GmbH & Co. KG—to develop next-generation lithium-ion battery technology with a goal of doubling energy capacity. Our aim is to make lithium-ion batteries twice as efficient. and Yutaka Kashiwagi from Mitsubishi Corporation.

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Continental and SK Innovation move forward on automotive Li-ion battery joint venture

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Moving forward on their Heads of Agreement signed earlier this year at the Detroit Auto Show ( earlier post ) Korea-based SK Innovation and the international automotive supplier Continental signed an agreement to found a jointly managed company to develop, to produce and to market automotive Li-ion battery systems.

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SK breaks ground on Li-ion battery plant in S. Korea

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SK Innovation has broken ground for an automotive Li-ion battery plant in Seosan, South Chungcheong Province, South Korea. Scheduled to be completed next year, the W250 billion facility will be able to produce batteries for some 25,000 electric vehicles per year (US$1=W1,080). Chosun Ilbo.

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SK Energy to Supply Li-ion Batteries to Daimlers Mitsubishi Fuso

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South Korea-based SK Energy said it has been chosen as a supplier of lithium-ion batteries for a hybrid electric vehicle project for Daimler commercial vehicle subsidiary Mitsubishi Fuso; Daimler holds 85% of Fuso. Earlier post.).

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Bosch, GS Yuasa, and Mitsubishi Corporation to set up JV for next generation lithium-ion batteries

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and Mitsubishi Corporation have agreed to work together on the next generation of high-performance lithium-ion batteries. These batteries are fundamental for future forms of mobility, such as plug-in hybrid or all-electric vehicles. Robert Bosch GmbH and the Japanese companies GS Yuasa International Ltd. Earlier post.)

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SK Energy to Supply Li-ion Batteries to Hyundai, Kia for EVs

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South Korea-based SK Energy Co. will provide Li-ion batteries ( earlier post ) to Hyundai Motor and Kia Motors for electric vehicles (EVs), beginning with the i10 ( earlier post ). The i10 will have a single charge range of 160 km (99 miles) and a top speed of 130 km/h (81 mph). Earlier post.). Earlier post.).

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