Hyundai has officially entered into the running to create solid-state batteries. The field may be crowded, but we like their odds.
The race to develop the solid-state batteries for vehicles is a heated one with many automakers working hard to create them. Right now, Toyota, Honda, Fisker, Nissan, BMW, and Volkswagen are all aiming to develop these batteries for the EV models they sell and Hyundai has joined the race. By partnering and investing in a company that’s based in Massachusetts, Hyundai is hoping to have these batteries form Ionic Materials in the near future to add them to the new EV models they’ve been working on, hopefully ahead of the rest of the crowd.
(more…)