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November 29, 2024
Technology
Honda launches a solid-state traction battery plant
Honda has invested $278,000,000 into the construction of an industrial complex in Tochigi Prefecture, Japan that will mass-produce innovative batteries for EVs.
The test production run is scheduled for January. Honda reckons that cutting-edge technologies will enable it to downsize existing EV battery designs by 50% by the early 2030s, while also reducing their material costs by 25% and doubling the effective range.
Looking into the future, the company hopes it will be able to supply other automakers with these next-gen batteries. Doing so will only increase the profitability of the plant, because it was conceptualized with large production volumes in mind.
Editor: Andrew Raspopov
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November 27, 2024
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