Tesla competitors set a 2027 goal for mass production of solid-state batteries. “To be mainly used for high-end models” -Tesla (NASDAQ:TSLA), BYD (OTC:BYDDY)

Chinese electric vehicle giants and Tesla Inc TSLA Competitors, Bied Please The plan to start “demonstration of” fully steady-state batteries by 2027 is outlined, with wider adoption expected after 2030.

what happened: According to Cnevpost’s report Sun HuaThe chief technology officer of BYD battery business revealed a timeline at the China Quanzhou Battery Innovation and Development Summit Forum. He also mentioned that the industry is making similar progress.

BYD is the world’s largest manufacturer of new energy vehicles (NEVs) and the second largest battery manufacturer, and has been making fully fixed-state batteries since 2013. By 2024, the company has begun evaluating the feasibility of these batteries, namely, single-cell capabilities with 20 AH and 60 AH as solid-state battery cells are tested.

Sun said BYD’s material selected for solid-state batteries is also based on sulfide electrolytes, mainly due to cost and process stability considerations.

Sun said that for solid-state batteries, costs will not cause long-term problems. He attributes the high cost of the sulfide electrolyte used in BYD solid-state batteries to its low volume. “In the absence of quantity, it doesn’t make much sense to talk about costs.” Sun expects that with the growth of solid-state ternary batteries, their costs will be comparable to liquid ternary batteries.

at the same time, Lian YuboByd Chief Scientist The dean of the Institute of Automotive Engineering clarified: “Solid-state batteries will be mainly used in high-end models, strengthening each other with lithium phosphate rich in iron lithium phosphate and used in different levels of vehicles.”

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Why it matters: Compared with current lithium-ion batteries, fully steady-state batteries are considered the future (EV) of electric vehicles (EV). BYD’s demonstration and subsequent massive adoption of these batteries are in line with the advancements in the industry.

The company has been working on developing and industrializing fully steady-state batteries since 2013, demonstrating its commitment to innovation and leadership in the electric vehicle market. Additionally, Sun’s comments on the cost of solid-state batteries provide a positive view of their future affordability.

However, experts have shown that mass-produced solid-state batteries can be a major challenge. “Part of the timeline problem is that you can’t use the same manufacturing plants and processes for SSBs.” Liz NajmanDirector of Market Insights for Battery Health and Data Launch Recurring. He added: “You need to build all the new ones, it takes money and time.”

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Disclaimer: The content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.