Solid-state battery as an ultimate milestone in the companies’ roadmaps

2025 will be a decisive year for commercialization.

“Over the last few years we have seen a growing number of research activities in solid-state batteries.” asserts Milan Rosina, PhD, Principal Analyst, Power Electronics & Batteries at Yole Développement (Yole). “However, the development of solid-state battery is still nascent. Many solid-state battery developers are planning to commercialize their batteries by 2025, which will undoubtedly be an important milestone for solid-state battery commercialization”.

Based on the roadmaps of EV makers, technology achievements and supply chain collaborations as of Q1/2021, Yole expects that commercial introduction of solid-state batteries will start in 2025, with mass production of solid-state-battery-equipped vehicles starting around 2030. Solid-state battery demand will represent less than 2.5 GWh in 2027, a tiny volume compared to total Li-ion battery demand in 2027. Thus, no high-volume “switch” from conventional Li-ion to solid-state battery is expected. More than 99% of solid-state battery demand will be for EVs.

In this context, Yole investigates disruptive technologies and related markets in depth, to point out the latest innovations and underline the business opportunities.

Released today, the Solid-State Battery 2021 report offers in-depth insight into the key drivers and value propositions of solid-state battery technologies, and comparisons with conventional Li-ion batteries. It also provides an analysis of the remaining challenges in bringing solid-state batteries to commercialization with a dedicated focus on different applications. Including market trends and forecasts, supply chain, technology trends, technical insights and analysis, take away and outlook, this study also delivers an in-depth understanding of the ecosystem and main players’ strategies.

What are the economic and technological challenges of the solid-state battery industry? What are the key drivers? Who are the suppliers to watch, and what innovative technologies are they working on? What are the different approaches for the solid-state battery commercialization?

Yole presents today its vision of the solid-state battery industry.

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