How To Invest In Solid State Batteries

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Vinfast Partners With And Invests In Prologium For Solid

BMW and Ford Invest in Solid State Battery Company Solid Power #Short
08 July 2022

VinFast, through a company in Vingroup, announced an investment in the tens of millions of US dollars in ProLogium , a manufacturer of solid-state batteries. VinFast also entered into a Memorandum of Understanding with ProLogium setting out strategic cooperation arrangements to secure next-generation solid-state battery supplies and support the goal of expanding its smart mobility solutions globally.

Along with the investment, VinFast and ProLogium will become long-term strategic partners in the future. The two companies will enter into commercial agreements to develop battery pack designs using Prologium’s proprietary solid-state battery technology, adhering to strict specifications on the parameters, quality, and safety for VinFast.

ProLogium plans to provide solid-state battery cells to VinFast starting from 2024 to support VinFasts next generation line-up. ProLogiums first major solid state battery plant, which is slated to launch in early 2023, will devote a significant portion of the facilitys production capacity to supply VinFast. In the future, ProLogium and VinFast may also establish a joint-venture solid-state battery factory in Vietnam.

Solid-state batteries are among the most promising technologies to offer advantages in terms of safety, energy density, hyper fast-charging capability, recyclability, weight optimization, costs, and lifetime.

The partnership with ProLogium is an integral part of VinFasts battery strategy.

How Quantum Computing Is Already Changing The World

Quantum computing creates an enormous market, especially for information security tech

  • Scientists at leading tech companies have started to figure out how to harness the power of quantum mechanics to make a new generation of super quantum computers infinitely faster and more powerful than even todays fastest supercomputers.
  • Google has built a quantum computer thats about 158 million times faster than the worlds fastest supercomputer.
  • Quantum computing could allow us to create a million-mile EV rather soon. And through material simulation and battery optimization modeling, itd also dramatically reduce the costs of EV manufacturing.

Back in October of 1927, the worlds leading scientists descended upon Brussels for the fifth Solvay Conference an exclusive, invite-only conference dedicated to discussing and solving the outstanding preeminent open problems in physics and chemistry.

In attendance were scientists that, today, we praise as the brightest minds in the history of mankind.

Albert Einstein was there so was Erwin Schrodinger, who devised the famous Schrodingers cat experiment, and Werner Heisenberg, the man behind the world-changing Heisenberg uncertainty principle and Louis de Broglie, Max Born, Niels Bohr, Max Planck.

The list goes on and on. Of the 29 scientists who met in Brussels in October 1927, 17 of them went on to win a Nobel Prize.

Quantum mechanics.

The Year When Decisions Have To Be Made

According to the Solid-State Battery 2021 study from Yole Développement, the first batteries could be available from 2025 and by 2027, production could increase to 2.36 GWhwhich, however, is still a small volume compared to overall demand for lithium-ion batteries. Mass production of vehicles with solid-state batteries is not expected before 2030. According to IDTechex, the market could grow to USD 8 billion by 2031. A market which will no longer be mainly an Asian issue but will have become a global affair with regional interests and government subsidies. However, analysts do not expect to see a major swing to solid-state batteries quite as soon.

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Investing In Battery Technology

If and when battery technology takes off in these exciting new directions, it will lower the cost of production for consumer electronics and for electric vehicles such as those produced by Tesla Motors . Tesla recently announced construction of a ‘gigafactory‘ to not only produce more vehicles but also produce its own LiOn batteries in house, in conjunction with Japanese electronics giant Panasonic . By taking the battery production problem into their own hands, Tesla may have found a great way to gain investment exposure to both electric cars and battery tech.

The battery technology market is somewhat myopic with new technologies, developments and partnerships catapulting the industry forward. Visiongains Top 20 Lithium-Ion Battery Manufacturing Companies Report 2018 provides a great deal of insight on the battery technology market and its top manufacturers. Companies in the report include the following:

  • A123 Systems Inc.
  • Automotive Energy Supply Corporation
  • Aviation Industry Corporation of China
  • Comtemporary Amperex Technology Ltd
  • GS Yuasa Corporation
  • Hefei Guoxuan High-tech Power Energy Co., Ltd
  • Hitachi Chemical Co., Ltd.
  • TDK Corporation/Amperes Technology Ltd
  • Tianjin Lishen Battery Joint-Stock Co., Ltd.
  • Tianneng Power International Ltd
  • Toshiba Corporation

Other notable names in the battery industry include the following:

  • FMC CORP 18.06%
  • SIMPLO TECHNOLOGY CO LTD 4.24%

Henrik Fisker Said That The Company Has Put Its Battery

Trends in Solid

The CEO of electric-vehicle start-up Fisker said that the company has dropped plans to develop solid-state batteries for its vehicles.

In an interview with tech website The Verge posted last week, Henrik Fisker said that completing development of the batteries had proved much more difficult than expected when the company first announced the program in 2017.

At that time, Fisker said that it had attained a breakthrough in developing so-called solid-state batteries, a technology that — if perfected — could give electric vehicles more range with less weight and lower cost, as well as quicker recharging times.

Fisker’s electric Ocean SUV will be powered by conventional lithium-ion batteries when it arrives next year. Image source: Fisker.

A solid-state battery that can be mass-produced at a reasonable cost is something of a holy grail for EVs. Such a battery has eluded researchers for decades, though recent efforts by companies including Volkswagen-backed QuantumScape have shown significant potential.

Fisker claimed in 2017 that its solid-state batteries could enable 500 miles of range with recharging times as low as one minute. It said then that it was just a few months away from finalizing the battery’s design.

But soon after it made that claim, QuantumScape sued Fisker, alleging theft of trade secrets. Fisker eventually settled that lawsuit for $750,000.

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Battery Stocks To Buy: Nio

Chinese EV giant Nio has been building battery charging and swap stations in its domestic market at a rampant pace.

Additionally, it plans to expand into Europe with its foray into the Norwegian market. Moreover, it operates its novel battery-as-a-service program, which has become highly popular in the Chinese market. Hence, its investments in batteries have complimented the rapid growth in its EV sales and will continue boosting NIO stock.

Nio has built over 500 swap stations so far, and there have been 5.3 million swaps already. Its battery-swap technology lets car owners get a fully charged battery in roughly three minutes. It will be working with Shell to build new stations in Europe next year and install 100 new swapping stations in China within the next four years. Throw in its BaaS option, and youre looking at a massive revenue contribution from its battery business which will only grow over time.

Solid State Battery Market Research 2030

The global solid state battery market size was valued at $0.5 billion in 2020, and is projected to reach $3.4 billion by 2030, growing at a CAGR of 18% from 2021 to 2030. Solid-state batteries are safer, more stable, and have higher energy densities compared to conventional Li-ion batteries with liquid electrolytes. They are used in various applications, including consumer electronics, electric vehicle, energy harvesting, medical devices, smart cards, and wireless communication. The global market has been analyzed based on revenue generated from the sales of commercialized solid-state batteries. In addition, investment from industry giants such as Apple, Samsung, Volkswagen, and BMW have been analyzed for deriving the numbers.

The Covid-19 pandemic across the world has led to decrease in demand for solid state batteries from various consumers, supply demand imbalance, halt in manufacturing operations and others which diminished the market revenue of solid state battery in 2020.

Key players operating in the global solid-state battery market are Cymbet Corporation Front Edge, Infinite Power Solution, Inc., Seeo Inc. Saft, Excellatron Solid-state, Brightvolt, Inc., LG Energy Solution Ltd. Solid Power, Inc., Pathion Inc., and Samsung SDI Co., Ltd.

The other players operating in the solid-state battery market are StmicroElectronics N.V., Toyota Motor Corporation, Sakti3 Inc. , Planar Energy Devices, Inc., QuantumEscape, and Altairnano.

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Development Of Thin Film System

  • Lithium-Oxygen and Nitrogen based polymer thin film electrolytes has got fully used in solid state batteries.
  • Non-Li based thin film solid state batteries have been studied, such as Ag-doped germanium chalcogenide thin film solid state electrolyte system. Barium-doped thin film system has also been studied, which thickness can be 2μm at least. In addition, Ni can also be a component in thin film.
  • There are also other methods to fabricate the electrolytes for thin film solid state batteries, which are 1.electrostatic-spray deposition technique, 2. DSM-Soulfill process and 3. Using MoO3 nanobelts to improve the performance of lithium based thin film solid state batteries.

Can You Make Real Money With Solid

Will solid-state batteries meet industry demand?

Solid-state batteries are safer and less expensive and could transform the electric vehicle industry. These will account for 45% of the EV battery market by 2035, and better batteries would be difficult for carmakers to pass on, resulting in a fundamental shift in the battery sector.

However, its unclear if publicly listed solid-power businesses will be the ones to commercialize the technology effectively.

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New Battery Technology Investment Opportunities

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. Adam received his master’s in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology. He is a CFA charterholder as well as holding FINRA Series 7, 55 & 63 licenses. He currently researches and teaches economic sociology and the social studies of finance at the Hebrew University in Jerusalem.

As the demand for mobile computing and all-electric cars increases, the limitations of current battery technology presents a roadblock. Invented in the 1790s by Italian physicist Alessandro Volta, the electric battery has been the workhorse of numerous gadgets, devices, and machines.

As consumer devices have become smaller and their uninterrupted use before recharging more important, it has also become increasingly important for batteries to become both miniaturized and more energy efficient. This, however, has proved to be a technological hurdle that, if surpassed, will be an important and profitable development for tomorrow’s high-tech economy.

Solid State Battery Market

Key Market Players SK Innovation Co., Ltd., STMicroelectronics, TotalEnergies, Store Dot, QuantumScape Corpoation, Solid Power Inc, Factorial Inc, Ganfeng Lithium Co., Ltd, Ilika, Prieto Battery

According to the CXOs, extensive investigations on solid-state batteries have been under way. In the solid-state battery, the liquid electrolyte is replaced with an ionic conductive solid material, which provides the path between the anode and cathode. Solid-state battery provides extensive advantage in improving safety and achieving both higher power and high energy densities compared to lithium-ion battery. Investors have been investing heavily to develop the next revolutionary solid-state battery.

For example, the Solid Power, an industry leader in safe, high-energy, and cost competitive solid-state batteries, raised $20 million to develop solid-state batteries for electric vehicle applications and offered major improvement in energy density, safety, and reliability compared to best lithium-ion cells available. Volkswagen, one of the largest car manufacturers, is working on solid-state batteries to be commercially available to power its upcoming electric vehicle lineup.

Region wise, Asia-Pacific is likely to account for the highest revenue in the market throughout the forecast period, followed by Europe, North America, and LAMEA.

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About Ford Motor Company

Ford Motor Company is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The companyâs Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for and deepen the loyalty of those customers. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, as well as connected services. Additionally, Ford is establishing leadership positions in mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company. Ford employs about 176,000 people worldwide. More information about the company, its products and Ford Credit is available at corporate.ford.com.

The Latest Advances In Solid

Solid State Batteries coming sooner than expected  IEEE Future Directions

Toyota, the world’s largest automaker, has partnered with Panasonic and announced that a solid-state battery prototype would debut this year. Toyota also revealed its intention to invest over $13.5 billion by 2030 to develop next-generation batteries, including solid-state batteries.

Toyota aims to slash the cost of its batteries by 30% or more by working on the materials used and the way the cells are structured. The company is developing the solid-state batteries through Prime Planet Energy & Solutions Inc., a joint venture with Panasonic that started operations in April 2020 and has about 5,100 employees, including 2,400 at a Chinese subsidiary.

South Korea’s Hyundai is putting $100 million into SolidEnergy Systems , a spin-off company from the Massachusetts Institute of Technology. Founded in 2012, SES is developing anode-free lithium-metal batteries and plans to mass-produce solid-state batteries in 2030.

According to the company, material advances in SESs batteries make them twice as energy dense while maintaining safety comparable to todays Li-ion batteries. SES will run a pilot production line to manufacture prototypes that will go inside actual EVs. The prototypes come in 50- and 100-A versions.

QuantumScape expects to deliver prototype samples by 2022. It also announced a plan to bring the product to volume production in partnership with Volkswagen by 2024.

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Future Of Solid State Batteries

A few companies have set up pilot-scale facilities to manufacture solid-state batteries. It has a very good potential to take a good market share in the battery market, especially in the EV segment. Its adoption will ensure that battery fires are a thing of the past.

About Author:Rahul Bollini is an emerging technology R& D specialist. He works with various new technologies. He is one of the very few people in India to have access to Solid State Batteries. He is currently running trials with a company for electric vehicles application.

How To Invest In Solid Power Stock

If you want to invest in Solid Power stock now, youll need to go through the private capital market. However, SEC regulations limit participation in the private stock market to accredited investors. It means that you need to have at least $1 million of net worth and a certain level of trading experience before you can access Solid Power stock.

Investors can get indirect exposure to Solid Power through Ford stock since it has a stake in the business. You can buy Ford shares through your regular brokerage account. Ford shares have gained more than 130 percent in the past year and currently trade at $11.63. The stocks $13.31 average target price implies a 14 percent upside from the current price.

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Fully Charged Growth Prospects

Batteries are a crucial component of EVs. As sales of EVs speed up, it will drive higher battery sales, benefiting the companies focused on making them. Forward-thinking investors might want to consider adding battery makers to their portfolio to potentially profit from this megatrend. Bear in mind, though, that as an emerging technology, these investments will likely exhibit above-average volatility.

Advantages Compared To A Traditional Lithium

Tesla Solid State Battery? Tesla Battery Investor Day Preparation
  • Faster charging
  • Safer because of the absence of liquid electrolyte, which tends to catch fire.
  • Higher power density
  • Higher overvoltage value
  • Overcharging does not lead to a fire.
  • Higher cycle life
  • Higher degradation of battery allowed before reaching its end-of-life.
  • The higher gravimetric energy density .
  • A short circuit does not lead to a fire.
  • Nail penetration does not lead to a fire.
  • No structural limitation, enabling it to be used in various shapes that can be smaller and thinner.
  • Read More: Solid-State Battery for EVs

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    Bmw And Ford Invest In Solid Power To Secure All Solid

    LOUISVILLE, Colo., May 3, 2021 /PRNewswire/ — Solid Power, an industry-leading producer of all solid-state batteries for electric vehicles, today announced a $130 million Series B investment round led by the BMW Group, Ford Motor Company and Volta Energy Technologies. Ford and the BMW Group have also expanded existing joint development agreements with Solid Power to secure all solid-state batteries for future electric vehicles.

    A Solid Power manufacturing engineer holds two 20 ampere hour all solid-state battery cells for the BMW Group and Ford Motor Company. The 20 ampere hour all solid-state battery cells were produced on Solid Powers Colorado-based pilot production line.

    The investment positions Solid Power to produce full-scale automotive batteries, increase associated material output and expand in-house production capabilities for future vehicle integration. The BMW Group and Ford aim to utilize Solid Power’s low-cost, high-energy all solid-state battery technology in forthcoming electric vehicles.

    “BMW and Ford now share leading positions in the race for all solid-state battery-powered electric vehicles,” said Doug Campbell, CEO and co-founder of Solid Power. “Solid Power now plans to begin producing automotive-scale batteries on the company’s pilot production line in early 2022 as a result of our partners’ continued commitment to Solid Power’s commercialization efforts.”

    Where To Invest In Solid State Battery Stocks

    There are some great solid state battery stocks you can invest in right now and make some good money. QuantumScape is a great example, and then you have FREYR Battery, Microvast Holdings, Solid Power and also Romeo Power. All these companies have some of the top solid state battery stocks on the market right now, and you can obtain some amazing results. Thats why its well worth giving it a try, and for the most part the quality will be pretty impressive.

    With that being said, the solid state battery stocks are always pushing the boundaries to deliver really nice tech for customers. In doing so, they also become a very good target for investors. Thats why solid state battery stocks are a great pick, since they always deliver a tremendous value and quality, and the results as a whole will be quiet astonishing. Thats why we recommend giving solid state battery stocks a try, research and you will have no problem finding some really good deals!

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