China’s 2030 solid-state battery goal, Chinese carmakers see boost in Europe: 7 EV reads
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Chinese carmakers are benefiting from higher petrol prices, which are driving increased demand for electric vehicles (EVs) in Europe. Amidst Brussels' efforts to curb the growth of plug-in hybrids, Chinese automakers have emerged as the leading winners in this market shift. This trend comes as part of China's broader strategy to extend its dominance in the electric vehicle (EV) industry globally.
One key aspect of this strategy is China's goal to achieve initial volume production of solid-state batteries by 2030. This next-generation battery technology is still in the early stages of commercialization, but China aims to leverage its established lead in conventional lithium-ion batteries to expand into this emerging sector.
To support this ambitious goal, China has outlined a comprehensive road map for solid-state battery development. By targeting 2030 as the target year for initial volume production, China is positioning itself to maintain its competitive edge in the rapidly evolving EV battery market.
Written by urgent.news from SCMP Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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