Solid state batteries will be disruptive28 Oct 2023 09:32
FT volume today , still with challenges to overcome but it is looking promising. Target for mass production
is probable before 2030 if all goes well
A race is on worldwide to succeed in the solid-state battery space,” says Peter Bruce, co-founder and chief scientist of the Faraday Institution, a British battery research institute. “If Toyota or anyone else succeeds in fabricating solid-state batteries that are cost competitive and deliver the lifetime that is needed, then they could deliver a step-up in energy density and 10-minute charging. If they hit those metrics, it will be disruptive.”
If the technology is successfully introduced, the impact could be dramatic. It would shake up the auto industry where sales of EVs and batteries are currently dominated by Tesla, and China’s BYD and CATL; it would have geopolitical implications given western anxiety about China’s current dominance of batteries and their raw materials; and it could open up the application of batteries to new areas of transport such as aviation.
Some observers believe the shift could be as momentous as that from corded telephones and landlines to mobile phones.