IDTechEx: "Revolutionary Solid-state Batteries Will Create a $6 Billion Market in 2030"

28 July 2020, 06:49:28

IDTechEx: "Revolutionary Solid-state Batteries Will Create a $6 Billion Market in 2030"According to IDTechEx's report "Solid-State and Polymer Batteries 2020-2030: Technology, Patents, Forecasts, Players.", the potential market size for solid-state batteries is expected to grow to over $6 billion by 2030. This is due to various undisputed advantages of solid-state batteries including high safety level, simple pack design, higher energy density. The market demand for solid-state batteries mainly comes from electric vehicles. The mass launche of such batteries in Europe are for 2025-2026, in Japan are for 2025-2030, in China and Taiwan are for 2022-2023. EVs will have the largest share with 65%, followed by smartphones and other mobile devices.

In 2015, Volkswagen got a 5% stake in QuantumScape, Dyson acquired Sakti3, Bosch acquired SEEO and Johnson Battery Technologies sold its solid-state batteries to BP. More electric vehicle companies joined this game, such as BMW partnered with Solid Power, Ionic Materials worked with Hyundai, although in 2017, both Bosch and Dyson abandoned the two companies they acquired in 2015. Now in 2020, we can see lots of further interests in solid-state batteries, such as the newly developed solid-state batteries based on argyrodite electrolyte by Samsung, and a further $200 million investment by Volkswagen on QuantumScape. Besides the companies we just mentioned, Toyota, Honda, Nissan, Fisker, Panasonic, Samsung, CATL also get involved in this game. Source

Related news

News related to Samsung, BMW, Volkswagen, Toyota, Honda, Nissan, Fisker, Panasonic or CATL

Volkswagen teases the all-electric Škoda ENYAQ COUPÉ iV, the ENYAQ COUPÉ RS iV can be ordered

Volkswagen teased the design of the upcoming all-electric Škoda ENYAQ COUPÉ iV which offers a "highly emotional body variant." The interior provides generous space for up to five people as well as a 570-liter trunk. Thanks to the even better aerodynamics compared to the ENYAQ iV and a drag coefficient cw of 0.234, the four-door coupé can be driven even more efficiently and achieves a maximum range of up to 545 km in...

30 September 2022

BMW i4 eDrive35 and BMW iX1 xDrive30 will go on sale in November

Just a few weeks after the market launch of the new BMW X1, the fully electric model variant of the compact Sports Activity Vehicle (SAV) - BMW iX1 xDrive30 will also be released onto the road for the first time in November 2022. The BMW iX1 xDrive30 is the brand's first all-wheel drive electric vehicle in the premium compact segment. Two highly integrated e-drive units on the front and rear axles generate a...

28 September 2022

Fisker Ocean scheduled for 2022 Mondial de l'Auto in Paris

The all-electric Fisker Ocean will be on display at the 2022 Mondial de l'Auto held at the Paris Expo Porte de Versailles October 17-23, 2022. Production is on track for November 2022. Designed to be the most sustainable SUV on Earth, the Fisker Ocean features a beautifully crafted interior with ethically sourced, upcycled materials throughout. The eco-friendly cabin showcases high-grade upholstery, carpets, and...

27 September 2022

Nissan approves first bi-directional charger for use with Nissan LEAF in the U.S.

Together with Fermata Energy, a vehicle-to-grid services provider, Nissan has approved the first-ever bi-directional charger for use with the Nissan LEAF in the U.S. With Nissan's approval, along with its UL 9741 certification for bi-directional charging systems, the Fermata Energy FE-15 charger has passed key requirements from Nissan, and has been verified to be compatible with the Nissan LEAF. Usage of the...

12 September 2022

BMW NEUE KLASSE BEVs will launch in 2025 with new, cylindrical battery cells by CATL and EVE Energy

Following the announcement of its collaboration with CATL, which will build cylindrical cell batteries for BMW in dedicated factories in Europe and China, BMW announced that it is set to launch a new era of e-mobility from 2025 with the models of its NEUE KLASSE – using newly-developed round battery cells optimized for the new architecture for the first time. The BMW Group has already awarded contracts in the...

10 September 2022

Volkswagen ID. XTREME off-road concept BEV debuts in Locarno

Volkswagen presented the ID. XTREME in Ticino today, an off-road, fully electric concept car with an all-wheel drive system. It is based on the ID.4 GTX and combines the strengths of a modern SUV with the sense of adventure embodied by a rugged off-road vehicle. The ID. XTREME from Volkswagen stands for maximum emotion and a desire for adventure. The concept vehicle was created by the team of Andreas Reckewerth...

9 September 2022

CATL will build two BMW-dedicated factories in Europe and China for cylindrical batteries

CATL and BMW Group announced today a multi-year agreement on the supply of cylindrical battery cells to power the German carmaker's new series of electric models of its NEUE KLASSE starting from 2025. According to the agreement, CATL will deliver to BMW Group the new cylindrical battery cells, which come with a standard diameter of 46 millimeters and will be produced at two of CATL's future battery plants in China...

9 September 2022

Toyota to invest up to 730 billion yen in Japan and U.S. EV battery production

Toyota has decided to invest up to 730 billion yen (approximately $5.6 billion) in Japan and the United States toward supplying automotive batteries for battery electric vehicles (BEVs), for which demand is growing, and aims to begin battery production between 2024 and 2026. This investment is aimed at enabling Toyota to flexibly meet the needs of its various customers in all countries and regions by offering...

31 August 2022

LG Energy Solution and Honda to establish a JV for the production of EV batteries in the U.S.

LG Energy Solution and Honda Motor today announced an agreement to establish a joint venture (JV) company to produce lithium-ion batteries in the U.S. to power Honda and Acura EV models for the North American market. With this agreement, LGES and Honda will invest a total of USD $4.4 billion and establish a new JV plant in the U.S. The plant aims to have an annual production capacity of approximately 40GWh. The...

31 August 2022

CATL and ZEEKR sign five-year strategic cooperation agreement, Qilin batteries to power ZEEKR models

CATL and ZEEKR jointly announced ZEEKR as the first car brand to be powered by mass-produced Qilin batteries. ZEEKR 009 will be the world's first car with Qilin inside, and ZEEKR 001 will be the world's first model equipped with Qilin batteries of 1,000 km range. The two companies have reached a five-year strategic partnership, and based on deep cooperation, agreed to strengthen the interaction of supply and demand...

29 August 2022

CATL signs five-year strategic cooperation agreement with SERES, supplies Qilin batteries

CATL and SERES jointly announced that Qilin batteries will power new AITO models. The two parties have signed a five-year long-term strategic cooperation agreement, which includes that all the AITO models will be equipped with EV batteries of CATL. The conclusion of the strategic cooperation agreement is the overall upgrade of the partnership the two parties forged in 2021. As the third-generation CTP technology of...

29 August 2022

Counterpoint: global EV sales up by 61% YoY in Q2; BYD is the market leader

Market research agency Counterpoint reports that the global passenger EV sales grew 61% YoY to reach 2.18 million units in Q2 2022. In total EV sales, battery electric vehicles (BEVs) accounted for almost 72%, and plug-in hybrid electric vehicles (PHEVs) for the rest. China remained the market leader in EV sales, followed by Europe and the US. China's EV sales increased by almost 92% YoY in Q2 2022 to reach 1.24...

29 August 2022

Volkswagen Group and Canada aim to advance sustainable battery supply chain in North America

Volkswagen AG and the Government of Canada aim to promote e-mobility in the country and to explore opportunities across Canada’s automotive and battery supply chain. This was agreed in a "Memorandum of Understanding" (MoU) signed today in Toronto by Volkswagen CEO Herbert Diess and Canada's Minister of Innovation, Science, and Industry, François-Philippe Champagne, in the presence of German Chancellor Olaf Scholz...

24 August 2022

Mercedes-Benz expands battery supply partnership with CATL, a new production site in Hungary in the works

Mercedes-Benz is taking another step to scale up development and production of next-generation high-performance battery cells and modules on its path to an all-electric future. The new CATL plant in Debrecen, Hungary will supply battery cells for European production sites in Germany and Hungary. The new factory in Hungary expands a partnership between Mercedes-Benz and CATL which was first announced in August 2020...

16 August 2022

EV Specifications

Complete specifications of EVs, grouped according to their brand and year

AudiBMWBytonChevroletDaciae.GOFIATFordGenesisHondaHyundaiJaguarKIAMazdaMercedes-BenzMGMININIONissanOpelPeugeotPolestarPorscheRenaultRivianSEATŠKODAsmartTeslaVolkswagenVolvo

Featured

Specifications of some of the most interesting and anticipated EVs.

2022 Audi e-tron S Sportback quattro

2022 Audi e-tron S Sportback quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 63.6 in / 1615 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2022 Audi e-tron S quattro

2022 Audi e-tron S quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 64.1 in / 1629 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2021 Audi e-tron S Sportback quattro

2021 Audi e-tron S Sportback quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 63.6 in / 1615 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2021 Audi e-tron S quattro

2021 Audi e-tron S quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 64.1 in / 1629 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2022 Audi Q4 Sportback e-tron 50 quattro

2022 Audi Q4 Sportback e-tron 50 quattro Vorsprung

Doors: 5, Seats: 5
Length: 180.6 in / 4588 mm
Height: 63.5 in / 1614 mm
Curb weight: 4717.89 lb / 2140 kg
Electric motor #1: 150 kW, 310 Nm, Location: Rear
Electric motor #2: 70 kW, 150 Nm, Location: Front
Battery: 82 kWh, Voltage: 400 V

2022 Audi Q4 Sportback e-tron 50 quattro

2022 Audi Q4 Sportback e-tron 50 quattro Edition 1

Doors: 5, Seats: 5
Length: 180.6 in / 4588 mm
Height: 63.5 in / 1614 mm
Curb weight: 4717.89 lb / 2140 kg
Electric motor #1: 150 kW, 310 Nm, Location: Rear
Electric motor #2: 70 kW, 150 Nm, Location: Front
Battery: 82 kWh, Voltage: 400 V

2022 Audi Q4 Sportback e-tron 50 quattro

2022 Audi Q4 Sportback e-tron 50 quattro S Line

Doors: 5, Seats: 5
Length: 180.6 in / 4588 mm
Height: 63.5 in / 1614 mm
Curb weight: 4717.89 lb / 2140 kg
Electric motor #1: 150 kW, 310 Nm, Location: Rear
Electric motor #2: 70 kW, 150 Nm, Location: Front
Battery: 82 kWh, Voltage: 400 V

2022 Ford F-150 Lightning

2022 Ford F-150 Lightning PLATINUM Extended Range (710A)

Doors: 4, Seats: 5
Length: 232.7 in / 5911 mm
Location: Rear
Location: Front
Battery: 131 kWh

2022 Ford F-150 Lightning

2022 Ford F-150 Lightning LARIAT Extended Range (511A)

Doors: 4, Seats: 5
Length: 232.7 in / 5911 mm
Location: Rear
Location: Front
Battery: 131 kWh

2022 Mercedes-Benz AMG EQS

2022 Mercedes-Benz AMG EQS 53 4MATIC+

Doors: 5, Seats: 5
Length: 205.6 in / 5223 mm
Height: 59.8 in / 1520 mm
Curb weight: 5853.27 lb / 2655 kg
Electric motor #1: 245 kW @ 4500 - 13500 rpm, 565 Nm, Location: Rear
Electric motor #2: 239 kW, 290 Nm, Location: Front
Battery: 107.8 kWh, Voltage: 500 V

2022 Mercedes-Benz EQS

2022 Mercedes-Benz EQS 580 4MATIC

Doors: 5, Seats: 5
Length: 205.4 in / 5216 mm
Height: 59.5 in / 1512 mm
Curb weight: 5698.95 lb / 2585 kg
Electric motor #1: 245 kW @ 4500 - 13500 rpm, 565 Nm, Location: Rear
Electric motor #2: 140 kW, 290 Nm, Location: Front
Battery: 107.8 kWh, Voltage: 500 V

2022 Mercedes-Benz EQS

2022 Mercedes-Benz EQS 450+

Doors: 5, Seats: 5
Length: 205.4 in / 5216 mm
Height: 59.5 in / 1512 mm
Curb weight: 5467.46 lb / 2480 kg
Electric motor: 245 kW @ 4500 - 13500 rpm, 568 Nm, Location: Rear
Battery: 107.8 kWh, Voltage: 500 V

2022 Genesis GV60

2022 Genesis GV60 Performance AWD

Doors: 5, Seats: 5
Length: 177.8 in / 4515 mm
Width: 74.4 in / 1890 mm
Height: 62.2 in / 1580 mm
Curb weight: 4761.98 lb / 2160 kg
Electric motor #1: 160 kW, 350 Nm, Location: Rear
Electric motor #2: 160 kW, 350 Nm, Location: Front
Battery: 77.4 kWh, Voltage: 800 V

2022 KIA EV6

2022 KIA EV6 Extended Range 4WD GT

Length: 184.8 in / 4695 mm
Height: 61.0 in / 1550 mm
Location: Rear
Location: Front
Battery: 77.4 kWh, Voltage: 697 V

2022 KIA EV6

2022 KIA EV6 Extended Range 4WD GT-Line S

Length: 184.8 in / 4695 mm
Height: 61.0 in / 1550 mm
Curb weight: 4530.5 lb / 2055 kg
Electric motor #1: 165 kW @ 4500 - 7700 rpm, 350 Nm @ 4500 - 7700 rpm, Location: Rear
Electric motor #2: 74 kW @ 4500 - 7700 rpm, 255 Nm @ 4500 - 7700 rpm, Location: Front
Battery: 77.4 kWh, Voltage: 697 V

2022 KIA EV6

2022 KIA EV6 Extended Range 4WD GT-Line

Length: 184.8 in / 4695 mm
Height: 61.0 in / 1550 mm
Curb weight: 4497.43 lb / 2040 kg
Electric motor #1: 165 kW @ 4500 - 7700 rpm, 350 Nm @ 4500 - 7700 rpm, Location: Rear
Electric motor #2: 74 kW @ 4500 - 7700 rpm, 255 Nm @ 4500 - 7700 rpm, Location: Front
Battery: 77.4 kWh, Voltage: 697 V

2022 BMW iX xDrive50

2022 BMW iX xDrive50

Doors: 5, Seats: 5
Length: 195.0 in / 4953 mm
Width: 77.4 in / 1967 mm
Height: 66.8 in / 1696 mm
Curb weight: 5379.28 lb / 2440 kg
Electric motor #1: 250 kW, 400 Nm, Location: Rear
Electric motor #2: 200 kW, 352 Nm, Location: Front
Battery: 111.5 kWh, Voltage: 330.3 V

2022 BMW i4 M50

2022 BMW i4 M50

Doors: 5, Seats: 5
Length: 188.3 in / 4783 mm
Width: 72.9 in / 1852 mm
Height: 57.0 in / 1448 mm
Curb weight: 5048.59 lb / 2290 kg
Electric motor #1: 230 kW @ 8000 - 17000 rpm, Location: Rear
Electric motor #2: 190 kW @ 8000 - 17000 rpm, Location: Front
Battery: 83.9 kWh, Voltage: 398.5 V