lithium ion EV Battery War Heats UP, Asia Versus America!

[David]

EV Battery War Heats UP, Asia Versus America!

Seems America, Tesla and the department of energy have created the next war. This is the Battery war, Lithium Ion versus Solid State batteries and Japan is behind. As such according to the story in the Nikkei, the Japanese government is funding research by leading Japanese manufacturers to develop what they believe will power the EVs of the future.

This group brings together the Japanese Consortium for Lithium Ion Battery Technology and Evaluation Center (Libtec) with Toyota Motor, Nissan Motor, Honda Motor, Panasonic and battery maker GS Yuasa to develop rapid charging solid-state batteries that are easier to manufacture, safer, denser energy and costs less.

The story goes on to say that Toyota's Solid State battery technology is considered to be the most advanced in the world, but is not commercialized yet. This new consortium is meant to make this happen by being funded by the Japanese government. This should help Japan beat China, Korea and the US in having the fastest charging, safest and densest battery packs in the world. Current market numbers are that global battery market shows Japan had 70% in 2013 but shrunk to 41% today, China and Korea combine for 26% today from 3% in 2013

The consortium is quoted as bringing the smaller but denser 400km Toyota solid state battery pack to market in the next 18 months in current EVs and have the size grow of the solid state batteries grow very little while having 550km batteries by 2025 and 800km batteries by 2030. For those that are a bit rusty on their metric, this equates to 249, 342, and 497 miles of range in a small dense battery pack.

Japan industry ministry is eager for the country to reclaim its global dominance by setting the standard for solid-state batteries.

Nikkei Story