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IonQ and Hyundai Motor Partner to Use Quantum Computing to Advance Effectiveness of Next-gen Batteries

I onQ , a leader in trapped-ion quantum computing, and Hyundai Motor Company today announced a partnership to develop new variational quantum eigensolver (VQE) algorithms to study lithium compounds and their chemical reactions involved in battery chemistry.
Soult Ukpyolsi South Korea Kyongsang Bukto Peter Chapman Christopher Monroe Jungsang Kim

The Worldwide Quantum Computing Industry is Expected to Reach $1.7 Billion by 2026

Share this article Share this article ResearchAndMarkets.coms offering. The Global Quantum Computing Market is expected to grow from USD 472 million in 2021 to USD 1,765 million by 2026, at a CAGR of 30.2%. The early adoption of quantum computing in the banking and finance sector is expected to fuel the growth of the market globally. Other key factors contributing to the growth of the quantum computing market include rising investments by governments of different countries to carry out research...
United Kingdom United States South Korea Quantica Computacao Laura Wood Other Companies

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