Batteries Free from Fire Risks
Global battery and electric vehicle manufacturers are accelerating the development of all-solid-state batteries.
These batteries are free from fire risks and are higher in energy density and require less time for charging than lithium-ion batteries. However, commercialization has been hindered by technological difficulties. Still, electric vehicles equipped with all-solid-state batteries are expected to come out within five years with those manufacturers working actively on the technology.
Toyota, for example, is expected to unveil the first prototype in the world next year and start marketing electric vehicles with such batteries before 2024. According to Toyota, its all-solid-state battery provides a maximum driving range of 500 km once charged for 10 minutes.
QuantumScape made its test results public on Dec. 8. The all-solid-state battery it is working on can cover 483 km per charge and has a service life of 12 years. It takes 15 minutes to charge 80 percent of the battery and the company is planning to start production in 2024 so that Volkswagen can apply the battery to its vehicles in 2025.
Foxconn recently declared to release all-solid-state batteries in 2024 and Solid Power is planning to start manufacturing such batteries in 2023 and electric vehicle with such batteries in 2028. Hyundai Motor’s prototype vehicle production and mass production are scheduled for 2025 and 2030, respectively. Samsung SDI is aiming to start mass production in 2027 and LG Energy Solution is going to initiate sample development in 2025.