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Reading: BYD, CATL and NIO is Coming Together To Build Solid-State Batteries
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IQFine > News > BYD > BYD, CATL and NIO is Coming Together To Build Solid-State Batteries
BYDEV NewsNIOTechnology

BYD, CATL and NIO is Coming Together To Build Solid-State Batteries

Surbhi Jain
Last updated: 2024/02/14 at 11:31 AM
Surbhi Jain Published February 13, 2024
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In the race of solid-state batteries, BYD, CATL and NIO, the Chinese automakers and battery giants are teaming up to form an “a-star” lineup aiming to develop all solid-state EV batteries. This transforming move will revolutinoize the EV market. 

China’s leading auto and battery manufacturers are forming an alliance to commercilize all solid-state batteries. According to Nikkei Asia, the China All-Solid-State Battery Collaborative Innovation Platform, or CASIP, was formed last month. This is a government led alliance pool academia and industry leaders to build a solid-state EV battery supply chain. 

As China has already dominated the global EV battery market, BYD and CATL account for over 50% of the market alone. Tesla, BMW, Toyota, Mercedes-Benz, Kia, Ford and other leading automakers are using BYD and CATL batteries. Also the SNE research shows that CALT sales doubled in the U.S. and Europe last year.

A Great Alliance To Build Solid-State Batteries 

Ouyang Minggao, a Tsinghua University professor, explained, “We need to be prepared for the risk that all-solid-state battery technology could overturn” China’s upper hand in the EV battery market. Also the platform like CASIP will focus on commercializing EVs with solid-state batteries and establishing a supply chain. 

The alliance is aiming to develop next-gen EV batteries that will compete globally. It includes key battery makers and automakers as already mentioned. The report notes that CATL also sued CALB and SVOLT Energy Tech for patent infringement. 

Along that it also included the government members – Ministry of Industry and Information Technology, the Ministry of Science and Technology, the Ministry of Science and Technology, and the National Energy Administration, among others.

Chen Qingtai, head of China EV100, argued that solid-state EV batteries can shift the industry’s power balance. Working together will ensure China becomes an “automotive powerhouse.”

Even though there are many other automakers and market giants that are working on solid-state EV battery tech, including Toyota that has promised to bring solid-state EV battery tech to the maker for years. In this line Toyota has over 1,300 patents for battery related tech while Chinese companies have fewer than 100. So the aim of the alliance is to ensure China remains the leader of the market.

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TAGGED: BYS, CATL, Electric Vehicle, Ev News, news, NIO, Solid-State Battery
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