Samsung SDI has just presented a groundbreaking advancement in battery technology for electric cars.
During SNE Battery Day 2024 in Seoul, South Korea, Samsung unveiled a new solid-state battery that could transform the electric car market, as reported by The Elec.
Range and Charging Speed
The new Samsung battery for electric cars boasts an impressive energy density of around 500 Wh/kg, twice as much as the best lithium-ion batteries based on NCM chemistry.
With this high energy density, electric cars equipped with the Samsung battery can achieve a range of up to 600 miles.
Even more remarkable is that the battery can be recharged in just nine minutes, eliminating one of the biggest barriers to the adoption of electric cars – long charging times.
Samsung SDI also mentioned that the new solid-state battery has an expected lifespan of up to 20 years. This makes it not only a long-range and fast-charging solution but also a highly durable and reliable technology.
The battery cells have been under production and testing for half a year, during which several unnamed car manufacturers have had the opportunity to test them. Samsung expects that the first electric cars with their new solid-state battery will be on the roads as early as 2027.
Initially, however, this advanced technology will only be available in the most expensive electric car models due to high production costs.
Competition with Toyota
Samsung SDI is positioning itself strongly in the race to dominate the future electric car battery market.
They are now close behind Toyota, which also plans to introduce solid-state batteries in its luxury brand Lexus by 2027.
For both companies, the technology won't become available to regular car buyers until later in the 2030s, when production costs have hopefully fallen.
