Connect with us

Hi, what are you looking for?

Tech BableTech Bable

Science & Technology

Volta Technology Limited To Roll Out Innovative Solid-State Batteries In Early 2023

Hong Kong / May 24, 2022 / – Volta Technology Limited has today announced it would roll out its innovative solid-state batteries from its pilot production line in Shenzhen in early 2023.

Solid-state batteries are referred to as “the next-generation battery product,” which experts have noted are safer and more powerful than traditional lithium-ion batteries.

Solid-state batteries have twice the energy storage capacity of lithium-ion batteries. As a result, leading electric vehicle manufacturers are investing heavily in this technology. According to Volta Technology Limited, an electric vehicle with a solid-state battery can have a range of 600 plus kilometers or more.

Volta Technology Limited had previously stated that it would commercially launch its solid-state batteries in late 2023. But the company’s pilot project is anticipated to accelerate the commercial release of the technology.

“Through stringent assessment of our technological viability, we are pleased to be able to speed up the timing for mass production. We are now aiming for mass-production of our completed product in early 2023,” said Chen Wong, Chief Executive Officer of Volta Technology Limited.

Headquartered in Shenzhen, China, Volta Technology Limited has assembled a growing team of dedicated engineers with a passion for chemistry and technology on a mission to revolutionize energy storage. The company strives to become the industry leader in developing solid-state batteries for the world’s largest electronic vehicle manufacturing companies.

“Our solid-state technology is almost perfect. We have invested heavily into our research and development over the past six years, and as a result, we are bringing our solid-state battery designs closer to production readiness,” added Patrick Lau, Chief Technology Officer at Volta Technology Limited.

According to Volta Technology Limited, the global solid-state battery industry generated $0.5 billion in 2020 and is anticipated to generate $3.4 billion by 2030.

 

Media Representative

Mr. Chou Lee, Investor Relations Officer,
chou.lee@voltalogy.com, +852 2319 4667,

13F Sun Life Tower, 21 Canton Road,

Tsim Sha Tsui, Kowloon, Hong Kong.

Source: Volta Technology Limited

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Laptop

Google Pixelbook 12in is the latest Chromebook invention with advanced features and an elegant appearance. Chromebooks are different from older PCs and laptops. They...

Gadgets

The Alienware Aurora is an excellent midrange gaming laptop, with a side-mounted panel that allows for easy access to all components. The Alienware Aurora 2019...

Laptop

Introduction The Google Pixel Slate M3 is a 2-in-1 detachable laptop that was released in 2018 as part of Google’s Pixel lineup of devices....

Apps

NFTs and stocks are the most well-known types of speculation these days. Either way, both choices will provide funders with many benefits, but they...