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The global chip shortage showed how important it is for carmakers to be able to rely on locally-produced critical components and to benefit from a steady supply chain. As electric vehicles take center stage, batteries are becoming an increasingly important topic, not just in terms of range, but also in terms of supply.
Technological Advancements in the Wireless Sector and Rise of Electric Vehicles Is Driving the Growth of Solid State Battery Market
One of the main arguments in favor of solid-state batteries is that they would be way safer than the current ternary cells. Solid Power wanted to prove that with its batteries and put them to third-party testing. After being perforated with a nail, overcharged, and submitted to a short circuit, Solid Power cells did not catch fire in any situation.
I always wanted to have an electric car. I thought I was going to drive an FCEV since the 1990s, but the hydrogen fueling infrastructure and FCEV products did not develop as they should. When I finally bought a car that runs on electricity, it had a battery, a motor, and an engine. However, the range of my plug-in hybrid proved to be insufficient. That led me to wonder why automakers do not offer battery pack upgrades instead of selling a new car.
Despite the hard time GM and its customers are still having with the Chevrolet Bolt EV, the company knows its future – and everyone else’s in the automotive industry – lies on electric cars. That’s why the company announced on October 15 that it would build the Wallace Battery Cell Innovation Center in Warren, Michigan. The center will prepare better cells for the company but is also a tribute to Bill Wallace.