Hyundai is ready to shake up the EV market with superior new batteries quickly. In March, Hyundai will reveal its all-solid-state EV battery pilot line to the general public for the primary time. The “Dream” batteries promise to unlock extra vary, sooner charging, and considerably increased vitality density.
Hyundai will reveal its all-solid-state EV battery pilot line
Throughout its 2023 CEO Investor Day, Hyundai outlined plans to change into a pacesetter within the EV battery house. Hyundai introduced an funding of over $9 billion (KRW 9.5 trillion) over ten years to develop a variety of batteries.
Hyundai is growing lithium-iron-phosphate (LFP), Nickel Cobalt Manganese (NCM), and all-solid-state EV batteries to cowl all segments.
Final month, native studies surfaced that Hyundai was nearly completed setting up an all-solid-state EV battery pilot line.
On February 9, trade sources (by way of ET Information) mentioned Hyundai will maintain a gap ceremony in March for its next-gen battery analysis heart in Uiwang, South Korea. Hyundai constructed the all-solid-state EV battery pilot line inside the brand new analysis facility.
The ceremony will mark the primary time Hyundai unveils its new battery know-how to the general public. A number of trade leaders and high-ranking officers will reportedly attend, together with GM, which just lately expanded its EV partnership with Hyundai.
Hyundai’s all-solid-state pilot line will start full-scale manufacturing subsequent month. Business sources anticipate Hyundai will launch a prototype powered by the brand new EV batteries by the top of 2025.
Hyundai will use the demo line to check the brand new battery know-how. All-solid-state batteries are sometimes called the “Dream” EV battery as a result of they’ve the potential to supply extra vary, sooner charging, increased vitality density, and security than options.
Nonetheless, they aren’t but commercially accessible as a result of poor stability and manufacturing hurdles. To place it merely, it’s a lot simpler mentioned than completed.
Hyundai goals to start mass-producing all-solid-state batteries round 2030, with the primary EVs powered by the brand new tech arriving shortly after.
Hyundai’s opening ceremony comes after Honda unveiled its first all-solid-state EV battery pilot line in November.
Electrek’s Take
Though a pilot line remains to be a small step, it may be big for Hyundai. Like many automakers, Hyundai at the moment will get its batteries from others like CATL, SK On, and LG Power Answer, however with plans to construct them in-house, it might get a substantial benefit over rivals.
Based mostly on its E-GMP platform, Hyundai already has a few of the best electrical vehicles available on the market, together with the IONIQ 5 and IONIQ 6.
With plans to launch its extra superior “eM” platform and in-house batteries, Hyundai has an opportunity to drastically lower prices, pace up output, and take a management function because the trade shifts to electrical.
FTC: We use earnings incomes auto affiliate hyperlinks. Extra.
