The president of the Honda Research and Development (R&D) center said that by the 2040s, the company will develop solid-state batteries to replace liquid lithium-ion batteries, helping to increase the driving range by about 2.5 times.
In addition, automakers and battery suppliers around the world have also announced development plans for solid-state batteries. Nissan - Honda's strategic partner has informed about the development of solid-state batteries and is expected to start operating a pilot line in March 2025.
The world's largest automaker in sales Toyota also informed about looking for a way to commercialize solid-state batteries in 2027-2028 in cooperation with Idemitsu Kosan Company.
It can be seen that this technology is considered the "key" to creating safe, durable and cheap electric vehicles in the context of slowing growth of electric vehicles.
Informing the press, the Chairman of the Honda Research and Development (R&D) center said: "This is a big change in the electric vehicle era". Honda has invested 43 billion yen (about VND 7,041 billion) in Honda's solid-state battery testing line in Tochigi, north of Tokyo (Japan).
Honda will start operating a pilot line in January 2025, with the goal of reducing battery size by 50%, weight by 35% and cost by 25% compared to the present.
The company plans to increase car production to more than 2 million units/year by the end of 2030. Honda also aims to achieve a global sales ratio of 40% for electric vehicles and fuel cell vehicles by 2030 and 100% by 2040.