Honda hopes to double EV driving range with solid-state batteries, R&D chief says [Yahoo! Finance]
Honda Motor Company, Ltd. (HMC)
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Source: Yahoo! Finance
when they start to adopt all-solid-state batteries, a new type of power source under development, the head of its research unit said on Wednesday. All-solid-state batteries, replacing liquid-state lithium-ion batteries, will produce twice the driving range by the end of this decade and over 2.5 times more by the 2040s, said Keiji Otsu, president of Honda R&D. Automakers and battery suppliers worldwide have unveiled plans to develop solid-state batteries, touted as a key technology to make longer-lasting, safer and cheaper electric vehicles amid slowing EV growth. "It's a game-changer of the EV era," Otsu told reporters at Honda's pilot all-solid-state battery production line in Tochigi north of Tokyo. Honda is investing 43 billion yen ($277 million) in the pilot line, nearly half of which is funded with Japanese government subsidies. Honda will start operating the pilot line in January, with goals also to reduce battery size by 50%, weight by 35% and cost by 25% from current l
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HMC
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- 11/15/24 - Form 6-K
- 11/6/24 - Form 6-K
- 10/25/24 - Form 6-K
- HMC's page on the SEC website