CATL, BYD, others unite in China for solid-state battery breakthrough

Beijing forms national alliance in all-out effort to revolutionize the EV market

Beijing set up a group of government, academia and industry to speed development of solid-state batteries. (Source photos by Reuters; screenshot from Tsinghua University's social media)

SHUNSUKE TABETA, Nikkei staff writer

February 12, 2024 12:13 JST

BEIJING -- China's battery and car makers have united as part of a government-led drive to commercialize all solid-state batteries, challenging Japan and the West in an area of technology that could revolutionize the electric vehicle market.

Aiming to build a supply chain for solid-state batteries by 2030, Beijing in January set up a consortium, the China All-Solid-State Battery Collaborative Innovation Platform (CASIP), which brings together government, academia and industry, including EV battery rivals CATL and BYD.