Volkswagen

Umicore

Umicore are a Li-ion battery cathode producer also active in Li-ion battery recycling.

Scania: Electric Trucks for Mining

IDTechEx spoke to Scania at Bauma 2025 about its latest technologies and market developments around electric dump trucks for mines.

QuantumScape

QuantumScape is a US-based company working on oxide-based solid-state batteries.

Bochao Automotive Parts

Bochao is a Chinese company, manufacturing lightweight automotive composites using natural fibres such as hemp and bamboo. IDTechEx spoke with the company at JEC World 2025.

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.

Summary of Privately Owned Autonomous Vehicles

Innovation map summary of privately owned autonomous vehicles.

24M Technologies, Inc.

24M (Massachusetts, USA) develops semi-solid battery technology, aiming to disrupt lithium-ion production with lower-cost, simpler manufacturing. Its licensed business model targets electric vehicle (EV) and grid storage markets, partnering with firms like Kyocera and Volkswagen. Advantages include reduced material use, higher energy density, and compatibility with existing facilities. Backed by US$100M+ funding (including from Japan's GPSC), it leverages MIT-derived IP. Challenges include scaling production and competing with entrenched lithium-ion giants (CATL, Panasonic). Positioned as a cost-innovation leader, 24M's semi-solid approach bridges traditional and next-generation solid-state technology but faces execution risks in a capital-intensive industry.

Thermal Touch and Imitating Texture on Smartphone Screens

Haptics refers to the technology that actively enhances the touch experience when engaging with devices, allowing for a more streamlined and stimulating customer experience with surface textures and thermal haptics. IDTechEx expects the haptics market to grow at a CAGR of 4.4% between 2024 and 2035.

Proell

Proell is a supplier of conductive inks and functional lacquers for both industrial applications and graphic printing. IDTechEx caught up with the company at LOPEC 2025.

L2+ ADAS Outpaces L3 in Europe, US$4B by 2042

The global passenger car market is witnessing a pivotal shift in advanced driver-assistance systems (ADAS), with Level 2+ (L2+) technologies rapidly outpacing Level 3 (L3) deployments. IDTechEx forecasts significant growth, with L2+/L3 revenues in Europe projected to exceed US$4 billion by 2042.

The Evolution of the EV Battery Cover Towards Composites

IDTechEx discusses the pros and cons of composite EV battery covers, as well as innovations, current market adoption and an outlook for future adoption.

How The Aerogels Market Will Evolve Over The Next Decade

Since 2020, the emergence of aerogels as a fire protection material for electric vehicle (EV) batteries has provided a new and rapidly growing opportunity for the aerogel market. According to the latest IDTechEx market report, "Aerogels 2025-2035: Technology, Market, Forecasts", the adoption in EV thermal barriers has helped drive the aerogels market to exceed US$1 billion in 2025.

Redwood Materials

Redwood Materials is a Li-ion battery recycler based in the US.

Beijing WeLion New Energy Technology

Beijing WeLion New Energy Technology Co., Ltd. (WeLion), founded on August 11, 2016, specializes in the research, development, and production of hybrid solid-liquid electrolyte lithium-ion batteries and all-solid-state lithium batteries.