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Stock impact report

Honda has a plan to build solid-state batteries for EVs [Verge, The]

Honda Motor Company, Ltd. (HMC) 
Last honda motor company, ltd. earnings: 2/7 03:16 am Check Earnings Report
US:NYSE Investor Relations: world.honda.com/investors
Company Research Source: Verge, The
Share this story Honda set up a demonstration facility in Japan to show off its plans to mass-produce solid-state batteries at lower costs, which could be crucial to unlocking higher-range, longer-lasting electric vehicles for the future. Solid-state batteries have been elusive for many companies due to the complexity of scaling up production. The technology swaps out the liquid electrolytes found in current lithium-ion batteries with dry conductive materials, promising higher energy density and longer lifespans. But it will require a whole new production process to be successful. Several companies are actively pursuing solid-state batteries, including Volkswagen-backed QuantumScape Nissan , and Factorial, which is testing semi-solid-state batteries that fit Dodge Chargers Honda says it is accelerating research at its new 27,000 square-meter demo facility set up in Sakura City, Japan, and is shortening the time required to make a single unit. The site has full-scale equipment Show less Read more
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