Automotive Solid-State Battery Market is Expected to be Driven by increase the Demand for Electrical Vehicle.

The automotive industry is accelerating toward the electric vehicle adoption, drawing a large section of investments for electric powertrain and its components. The key component, which has attracted most of research and development in electric vehicle industry, is the battery technology. Battery weight and energy density are major factors, which drive the design criteria and manufacturing cost of electric vehicles. Batteries have evolved from lead-acid batteries in the early models of electric vehicles during the 1990s to lithium-ion batteries in Tesla models during the 2000s. The energy density of the battery is one of the most important functional parameters.

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Also, the major players have focused extensively on developing new materials with enhanced capability during the period between 1990 and 2010. Further, the reduction in the cost of the lithium-ion battery technology led to an exponential adaption of the technology across the globe. However, the chemistries in the lithium-ion battery are different, depending on the expertise and preference of the automotive OEMs and battery manufacturers. The lithium-ion battery is expected to drive the electric vehicles for the next two decades but is expected to face competition from innovative technologies such as solid-state battery (SSB).

View Complete Report: Automotive Solid-State Battery Report

The SSB is a futuristic and high-potential technology within the EV battery ecosystem. The technology is in a development phase and has attracted a major share from the battery R&D investment basket. The battery has a solid electrolyte instead of liquid and does not require a separator. A major property of solid is its structural rigidity at thermal and mechanical loading. For a solid electrolyte-based cell, the ionic mobility is high due to close packing of atoms within the electrolyte.

Some of the key projects led by the U.S. are as follows:

  • Melt-Infiltration Solid Electrolyte Technology for Solid State Lithium Battery
  • Robust Multifunctional Battery Chassis Systems for Automotive Applications
  • Safe, Low-Cost, High Energy-Density, Solid-State Li-Ion Batteries
  • An Ultra High Energy, Safe and Low Cost All Solid-State Rechargeable Battery for Electric Vehicles
  • Low-Cost Solid-State Battery for EV Applications
  • Power Drive Line
  • Next Generation Solid-State Batteries

Related Reports:

Global Automotive Supercapacitor Market Analysis and Forecast, 2018...

Global Electric Vehicles Battery Market Analysis & Forecast – 2...

Global Electric Vehicles Market, Analysis & Forecast – 2017-2026

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