About China all-solid-state battery collaborative innovation platform
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China plans to fund a project for developing solid-state batteries with an investment of more than 6 billion yuan (766 million euros). Six companies will be eligible for the government funding. After becoming one of the world’s biggest lithium-ion battery suppliers, the country is preparing to.
China already leads the battery industry and is now looking to establish itself as a juggernaut of solid-state batteries, creating a massive consortium of major battery manufacturers, researchers, and government officials. The consortium, dubbed the China All-Solid-State Battery Collaborative.
Solid-state batteries hold the promise of improved safety, a longer lifespan and faster charging compared with conventional lithium-ion batteries, but mass adoption remains some way off An employee works on the production line of electric vehicle (EV) battery manufacturer Octillion in Hefei, Anhui.
Battery producers and automakers including CATL, BYD, and NIO are joining forces to create the China All-Solid-State Battery Collaborative Innovation Platform (CASIP), according to Electrek. The companies within the coalition supply batteries for global automakers like Toyota, Tesla, Ford, BMW.
Several Chinese key players in the all-solid-state sector, including BYD, unveiled an ambitious timeline for producing the game-changing battery by 2027, which signals China's determination to lead in next-generation battery technology globally. Sun Huajun, chief technology officer of BYD Lithium.
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6 FAQs about [China all-solid-state battery collaborative innovation platform]
Will China overtake Japan in the development of solid-state batteries?
The move is in line with China’s push to overtake Japan in the development of the next-generation battery tech. In February, Beijing formed the China All-Solid-State Battery Collaborative Innovation Platform (CASIP) — a consortium of leading battery and EV makers to begin work on the development of solid-state batteries.
Will China become a juggernaut of solid-state batteries?
China already leads the battery industry and is now looking to establish itself as a juggernaut of solid-state batteries, creating a massive consortium of major battery manufacturers, researchers, and government officials.
Should China invest in solid-state batteries?
China has already established itself as the most cost-competitive battery and EV producer in the world, on the back of early and heavy investment in domestic supply chains. Beijing likely views solid-state batteries as the next avenue of focus, in order to maintain that lead.
Will China start producing solid-state batteries by the end of the decade?
The consortium’s aim was to begin production of solid-state batteries by the end of the decade. This is the second such announcement of Chinese state funding into emerging technologies this week. On Monday, a regulatory filing revealed Beijing had set up a $47.5 billion fund to boost the production of advanced chips.
Is China pushing 'industrialization' of solid-state batteries with a new task force?
China’s top research institution is pushing the “industrialization” of solid-state batteries with a new task force, said Miao Wei, a former Minister of Industry and Information Technology (MIIT) and a core member of Chinese People’s Political Consultative Conference (CPPCC), a political advisory body.
How will China's massive battery fund work?
According to China Daily, Beijing aims to use the massive fund to drive between seven to nine projects, which will explore the development of various types of solid-state batteries. The projects will look at the production of “polymer-based and sulfide-based batteries, as well as other suitable technologies,” China Daily said, citing sources.