Mar. 19 at 8:22 AM
$SLDP That's true; more and more companies are announcing progress with solid-state batteries. However, BYD and CATL plan to complete their first small pilot lines by the end of 2026 and 2027, respectively.
Solid Power has had its lines running for almost two years and is starting mass production this year. If things stay this way and there are no delays, then Solid Power will be the first company.
In contrast to QuantumScape, there seem to be delays here, as VW is aiming to switch from QuantumScape to Gotion's Gemstone solid-state battery.
As mentioned, the market volume for batteries is currently
$180 billion and will rise to
$800 billion. Since solid-state batteries surpass conventional batteries in terms of safety and performance, they will dominate the market.
Accordingly, everyone who invests now or already owns shares can look forward to a very large profit.
https://carnewschina.com/2026/02/12/chinas-automakers-accelerate-solid-state-battery-timelines-geely-and-chery-target-vehicle-demonstrations-by-2027/