China Targets Solid-State Battery Dominance by 2030

AI Summary

China aims to strengthen its position in solid-state batteries, building on its existing dominance in lithium-ion battery production. The government plans to lower costs, improve performance, and begin commercial production of solid-state batteries by 2030.

China, already dominating the global lithium-ion battery market, plans to expand this position to solid-state batteries, too. The government in Beijing will seek to cut solid-state battery costs, boost their performance, and begin commercial production by 2030. “Over the next five years, the new-type battery industry is at a critical window for technological upgrading, and we must seize the strategic opportunities presented by technological and industrial innovation,” China’s Ministry of Industry and Information Technology said…