Written by Cláudio Afonso | LinkedIn | X
China is set to invest around 6 billion yuan ($820 million) to promote research and development in all-solid-state batteries, the local media outlet China Daily reported on Wednesday
Leading battery manufacturers such as Contemporary Amperex Technology Co Ltd (CATL) and Nio’s supplier WeLion, will receive support to focus on seven projects related to the technology,
The ultra-long-range battery produced by WeLion was initially unveiled at Nio‘s annual event where the sedan ET7, the first model from the second platform, was introduced. Three years later, Nio owners in China soon be able to use them as large-scale rollout is scheduled to begin in “June-July”.
Besides battery manufacturers, the list also includes automakers such BYD, FAW Group, SAIC Motor, and Zhejiang Geely Holding Group. SAIC Motor has recently stated that it will start mass production of all-solid-state batteries by 2026.
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This follows GAC Aion’s Hyper brand’s announcement in April that it had completed R&D on all-solid-state batteries, which will debut in Hyper car models in 2026.
Sources told China Daily that the initiative was launched earlier this year aiming to support eight to nine projects including polymer-based and sulfide-based batteries.
However, the final number of projects may be reduced to seven, with CATL, the world’s largest EV battery manufacturer, likely to receive support for two of these projects.
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Written by Cláudio Afonso | LinkedIn | X
