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Will all-solid-state batteries dominate the electric vehicle market?
5/10/2022
6 min read
Feature
All-solid-state batteries (ASSBs) seem to provide many advantages over the current lithium-ion batteries (LIBs) used in electric vehicles (EVs). However, the technology has yet to be fully industrialised or commercialised. As a result, Dr Daniel Aronov, CTO at StoreDot, questions whether they will supersede the latest LIBs.
Even as EVs take to the roads in increasing numbers, automakers remain mindful of the challenges hindering their mass adoption. Whilst the industry addresses the lack of charging infrastructure and supply chain security, manufacturers are simultaneously working on solving the cost, safety, performance and engineering challenges associated with EV batteries.
Globally, automakers are planning to spend more than half a trillion dollars on EVs and batteries through 2030, according to a recent Reuters analysis. This is up from $300bn noted by the same study conducted three years earlier.
High on the list of challenges are well-documented consumer concerns regarding limited range, time to charge, cost, safety and lifespan – all chiefly related to the limitations of current LIB technology. To overcome these constraints, automakers are increasingly viewing battery physics and architecture as the next big battery technology breakthrough.