Newly Formed British Consortium Will Develop Solid State EV Batteries

A consortium for developing solid-state batteries for electric vehicles has been formed in Britain which includes seven British organisations. The consortium comprises of battery materials supplying company Johnson Matthey, start-up Britishvolt and Oxford University, among others, the group said on Thursday.

Development of prototypes as well as technologies for the mass production of solid-state batteries will be done by the consortium at a facility that will also be built by it. The consortium also includes the government-funded Faraday Institution, which has its focus of helping UK businesses to develop and manufacture batteries for electric vehicles.

“Delivering enhanced range and safety…will be a key driver for battery electric vehicle adoption, supporting the transition to a net zero future,” Christian Gunther, head of battery materials at Johnson Matthey, said in a statement.

Auto companies all around the world are in a virtual race to develop technologies and capacity for production of electric vehicles as CO2 emission standards are being made stricter in Europe and China. Almost all such electric vehicles make use of lithium-ion batteries for power, which comprises of a liquid or gel-form electrolyte.

Investments in solid-state battery technology are being made by some of the global auto giants such as United States based Ford Motor Co and Germany’s BMW AG. The solid-state batteries will have the ability to store more energy which would consequently mean more driving range on single charge. These batteries are also expected to be safer because of reduced use of flammable components.

The British consortium wants to construct a battery manufacturing facility in northern England and expects the facility to become operational by 2023. The facility is planned to be constructed in three phases with the last phase, which is expected to be completed by 2027, be used for production of solid-state batteries.

A long-term deal for the supply of cobalt was signed by Britishvolt and Glencore earlier this week. An undisclosed stake in the Britishvolt has also been bought by the mining giant.

(Adapted from SaltWire.com)



Categories: Creativity, Economy & Finance, Entrepreneurship, Strategy, Sustainability, Uncategorized

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