The Hyundai Group, which also includes Kia, now believes that it is so far advanced that production of the solid-state battery, which is being touted as the electric car revolution, can begin.
Hyundai has taken a major step in the development of electric car batteries by starting the production of so-called solid-state batteries.
The Korean car brand has announced that they are conducting pilot production of this type of battery at their newly built factory in Uiwang, South Korea.
The factory will eventually make Hyundai self-sufficient in batteries. All because the group wants to get out of a number of contracts with external suppliers and instead manage the entire production of the electric car itself.
This is reported by ETnews .
The official opening of the factory is scheduled for March 9. Several prominent figures, including the company's CEO Chung Yi-sun, are expected to attend the opening.
In addition, Hyundai has invited a number of international guests to attend the event.
Hyundai is already testing the new batteries at the factory. The test production will provide insight into the batteries' safety and performance.
Despite the fact that it is a testing phase, analysts expect that Hyundai has succeeded in developing a solid-state battery that works as intended.
Hyundai has been investing in the development of solid-state technology for several years. Among other things, the company has collaborated with the University of Seoul. For manufacturers such as LG, which currently supplies batteries to Hyundai, the development of the solid-state battery could also have serious consequences.
If Hyundai is successful with their new battery, it could change the competitive landscape in the electric car battery market.
The solid-state battery differs from current lithium-ion batteries by having a higher energy density and being more fire-resistant.
These are two factors that have been put forward as arguments against electric cars. With the new solid-state batteries, Hyundai could potentially be ahead of a whole range of competitors. Nissan, for example, believes that the technology will not be ready until 2028 at the earliest . Read more about it here .
