Investors Still Betting on Next Big Energy Storage Technology: Solid-State Batteries

By [email protected] The U.S. may have fallen behind Asia and Europe in battery manufacturing, but a number of well-funded companies are looking to get the country back in the game with a technology that could supersede today’s lithium-ion chemistries.

Companies including Ionic Materials, QuantumScape, Sila Nanotechnologies, Sion Power and Solid Power are developing all-solid-state batteries (ASSBs) that are expected to be safer and more energy-dense than the lithium-ion products used in today’s electric vehicles and battery systems.

“Lithium-ion today, with a metal-oxide cathode and carbon-based anode, is starting to approach its theoretical limits,” said Solid Power CEO Doug Campbell in an interview.

Current lithium-ion technologies

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