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

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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. Renault, Mitsubishi, and Nissan invested in Ionic Materials. Ford, Samsung, and Hyundai invested in Solid Power. The latter also partnered with BMW.

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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 Mitsubishi Corporation each holding 25 percent.

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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. They will be supplied to Hyundai Motor for its BlueOn subcompact, Mercedes-Benz for the SLS AMG E-Cell sports car and Mitsubishi Fuso for hybrid trucks. Chosun Ilbo.

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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. Bosch intends to hold a 50% stake in the joint venture, with GS Yuasa and Mitsubishi Corporation each holding 25%. 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 is due to be in full scale production in 2011, according to SK. SK cells have a specific energy density of around 140 Wh/kg.

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