Samsung and LG are pushing the envelope in EV battery technology with new solid-state batteries that promise longer ranges, faster charging, and extended lifespans. Initially set for premium models, these advancements could eventually bring significant benefits to the wider EV market. In a significant move for the electric vehicle (EV) industry, Samsung and LG have unveiled their plans for advancing battery technology.
Both companies are focusing on developing solid-state batteries, which promise to bring notable improvements in energy density, safety, and longevity. According to The Elec report , this new technology is set to debut in high-end EV models first, with mass production expected to ramp up in the coming years. Samsung’s Solid-State Battery: Samsung is making waves with its new solid-state battery technology, which it showcased at the SNE Battery Day 2024 in Seoul.
The South Korean tech giant has begun shipping its solid-state battery cells to EV manufacturers, who have been testing them for the past six months. Samsung’s solid-state batteries stand out for their high energy density, which allows for a driving range of over 600 miles (965 km) on a single charge. According to Samsung SDI’s VP, these batteries are not only smaller and lighter but also much safer compared to current lithium-ion batteries.
However, the advanced technology comes at a cost. Initially, these batteries will be used in the “super premium” segment of the EV market, which means they.