South Korea wants to produce the first solid-state batteries for electric cars

South Korea invested until 2030 in total $15 billion in solid state batteries for electric cars. Funding comes from the public and private sectors. South Korea aims to be the first country in the world to commercialize solid-state batteries.

These exist in comparison to the commercially available ones lithium ion batteries, where the liquid electrolyte is easy to catch fire, made of a solid electrolyte and solid electrodes. The energy density is through the use of Lithiummetall as a cathode material instead of graphite or silicon. This new type of battery is touted as the next generation in battery technology and generally offers greater security.

Production plant for prototypes

In addition, the batteries can be manufactured on a smaller scale, and the manufacturing costs are also lower than with conventional batteries.

South Korea has also announced plans to quadruple production of its cathode material over the next 5 years. The country wants to start commercial production of its solid-state batteries from 2025.

The battery manufacturers are working on the realization LG Energy Solution, SK On and Samsung SDI. They will set up a factory and a production facility for the solid prototypes in South Korea, as reported by Argus Media.

Recycle used batteries

South Korea also wants to produce batteries, among other things, that are free of the critical raw material Cobalt are. In the next 7 years they also want to recycle used batteries. For this purpose, a management system for used batteries is to be prepared so that they can be used in new industries. In addition to these 3 manufacturers from South Korea, the world’s largest battery manufacturer also has CATL from China recently announced plans to mass-produce solid-state batteries this year.