SK Innovation Co Ltd

Solid-State Battery Commercialization: Mass Production Taking Off

Solid-state batteries (SSBs) are heralded as a transformative innovation in energy storage (ES), offering numerous advantages over traditional lithium-ion batteries. These benefits position SSBs as a cornerstone of the next generation of battery technologies, with the potential to reshape industries reliant on ES.

Solid Power

Solid Power was established in 2012 as a spin-out from the University of Colorado Boulder. Founded by Doug Campbell, Conrad Stoldt, and Sehee Lee, the company initially received funding from DARPA to explore next-generation solid-state battery technology. By 2013, Solid Power secured US$4.5 million in funding from ARPA-E and other non-dilutive sources, such as the Department of Defense and NASA. This early support enabled the company to transition out of the university's research labs and begin independent operations.

US$400B Li-ion Cell Market by 2035, but Challenges Remain

While there has been strong growth in the stationary battery sector, electric vehicles remain the key driver behind the Li-ion market, and electric cars will be the largest market for Li-ion batteries over the next 10 years. Although there are some regional concerns over the rate of EV adoption in 2024, sales of electric vehicles grew rapidly in 2022 and 2023, and the medium-long-term outlook for EV adoption remains strong.

Rising Star: Commercial Advancements & Developments of SSB

The announcement claimed by Toyota that it had a "technological breakthrough" to resolve durability issues and "a solution for materials" for a solid-state battery (SSB) powering EVs in July 2023 has triggered another wave of interest in SSBs, in addition to the continuous efforts from companies such as BMW, CATL, Ford, General Motors, Honda, Hyundai, LG, Mercedes-Benz, Nissan, Panasonic, Samsung, Volkswagen, etc.

SungEel Hi-Tech

SungEel HiTech is a South Korean Li-ion battery recycler, founded in 2000. This profile provides on update on the company's involvement in the Li-ion battery recycling market.

Energy Storage: A Global Enabler for World Energy Transition

The energy crisis and decarbonization requirements speed up the process of finding alternative solutions, and energy storage plays an important role in applications such as electric vehicle applications and renewable energy.

Gigafactories - Can Europe and US Catch Up to China?

Given the rapid increase in forecast demand for Li-ion batteries, there has been significant growth in the number of gigafactories being planned and announced over the past 2-3 years. IDTechEx analysis shows that current plans and announcements for new cell production capacity will reach 3 TWh by 2030.

Energy storage: A Global Enabler for World Energy Transition

The energy crisis and decarbonization requirements speed up the process of finding alternative solutions, and energy storage plays an important role in applications such as electric vehicle applications and renewable energy.

The Rise of the Carbon Nanotube Battery

It is impossible to avoid headlines about the "graphene battery"; the concept of this Nobel Prize winning nanomaterial revolutionizing the energy storage market is naturally very enticing, but it is graphene's older sibling carbon nanotubes that have progressed beyond the hype and disillusionment phases of their commercial journey by finding a value-add high volume energy storage adoption.

Wave Energy Developer INGINE Reveals Growth Plan for 2022

South Korean wave energy developer INGINE is revealing ambitious growth plans for 2022, plotting further global expansion and new projects to accelerate commercialisation.

Ford Motor Company (2022)

The electric era is here, and Ford is in the midst of implementing an ambitious, comprehensive plan to make the transition to an electric future. Ford is investing $22 billion in electrification through 2025 as part of its plan to lead electrification in areas of strength. The company is electrifying its most iconic products - the Mustang, F-150 and Transit - with many more to come in the years ahead. A key part of Ford's goal to drive the adoption of electric vehicles is to target the large market for fully electric commercial vans and pickups. The company has had some initial success while entering the market, but now faces competition from other OEMs and their offerings.

Rubber Material Holds Key to Long-Lasting, Safer EV Batteries

Researchers have found a promising alternative to conventional lithium-ion batteries made from a common material: rubber.

SungEel HiTech

SungEel HiTech is a South Korean Li-ion battery recycler, founded in 2000.

IDTechEx Dissects the Market for Solid-state Batteries in New Report

This article explores the history of solid-state batteries and looks ahead at regional development, sharing some of the research from the new IDTechEx report, "Solid-State and Polymer Batteries 2021-2031: Technology, Forecasts, Players".

Many Trends to Track for Li-ion Batteries in Electric Vehicles

With the growing momentum behind the electric vehicle market comes an added importance of understanding the Li-ion batteries that power them, the variety of design choices available, and trends in their implementation.

SK Innovation: Direction of "Battery for Next Generation"

SK Innovation Declares Ambition to 'Lead the Efforts for Battery Safety, Charging Speed and Driving Range' - SK Innovation presented its direction of "Battery for Next Generation" at InterBattery 2020.

Regional Development of Solid-State Batteries

The rapid growth of the electric vehicle market has driven the development, manufacture and sales of batteries, especially lithium-ion batteries. In the meantime, a number of companies are betting on the next big energy storage technologies. Solid-state batteries are one of them.

EcoPro

EcoPro are a South Korean company who have expanded into the Li-ion industry and are positioning themselves as a key supplier of cathode materials.