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China has the biggest battery manufacturers in the world, and not just that, the Chinese Government is actively involved in making sure that the next generation of battery technology, solid-state batteries, comes from China. Now we know that one of the problems of solid-state batteries is the cost of production. But it looks like this problem will be gone very soon, as Sunwoda, a prominent battery maker, has just announced that it will be able to lower the price of its all-solid-state battery to 2 yuan ($0.27) per watt-hour by 2026.
So, how will they be able to do this? And what does this mean for the EV industry?
#China #BatteryTechnology #Battery #EV #ElectricVehicle #EVNews
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