An increasing number of local and foreign companies are interested in building energy storage facilities in sun-loving Greece using battery technology. In fact, the Regulatory Authority for Energy (RAE) has been receiving applications for permits concerning battery storage plants.
It is backed by industry giants like Mercedes Benz, Stellantis, Kia Motors, Hyundai Motor Company, Gatemore Capital Management, Eden Rock Group, and WAVE Equity Partners. Investments in Solid State Batteries are boosting. Battery makers as well as automotive companies like Toyota, Nio, BMW, and Volkswagen, are investing in SSBs technology.
The only industrialized platform for solid-state battery technology. Founded in 2016, the company is headquartered in Beijing and has three production bases in Fangshan, Beijing, Liyang, Jiangsu and Huzhou, Zhejiang.
Specializing in the production of lithium-ion batteries for electric vehicles and energy storage systems. In 2021, CATL has a market share of 32.6% and is the world’s largest manufacturer of lithium-ion batteries for electric vehicles. With an output of 96.7 GWh, a year-on-year increase of 167.5%.
LG Energy Solution is committed to continuing its research in this area and aims to commercialize all-solid-state batteries after 2030. In January 2024, researchers at Harvard University have made significant progress in the development of solid-state batteries.
Solid-state battery technology is being hailed as a potential game-changer for the electric vehicle (EV) industry. It promises significant advantages over traditional lithium-ion batteries, including better energy storage, faster charging times, and improved safety.