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Chery Automobile to test next-gen solid-state EV batteries next year

Chinese automaker Chery Automobile plans to begin testing solid-state batteries next year, aiming to be a leader in their commercialization. The company will invest approximately $1.49 billion over the next two years and deploy 1,200 engineers to develop this technology. These new batteries are expected to offer double the energy density of current lithium-ion batteries, promising enhanced safety and longer driving ranges for electric vehicles. AI

IMPACT This development could lead to more efficient and safer batteries for electric vehicles, potentially impacting the EV market.

RANK_REASON Company announcement of a research milestone in battery technology. [lever_c_demoted from research: ic=1 ai=0.4]

Read on SCMP — Tech →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Chery Automobile to test next-gen solid-state EV batteries next year

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Company announcement of a research milestone in battery technology. [lever_c_demoted from research: ic=1 ai=0.4]
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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Daniel Ren ·

    Boost for EVs: Chinese carmaker Chery to begin testing solid-state batteries next year

    Chery Automobile, China’s largest car exporter by deliveries, will begin testing its solid-state batteries next year, aiming to spearhead commercialisation of a technology likely to further spur the electrification of the global automotive industry. Yin Tongyue, the chairman of t…