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Car alliance sees solid-state batteries’ potential

Thu, 01/18/2018 - 09:40 -- Xuan Zhong
Car alliance sees solid-state batteries’ potential

International automotive alliance Renault-Nissan-Mitsubishi has announced is to invest in a US battery materials firm as part of its a venture capital funding programme.

The alliance aims to invest up to $1 billion to support “open innovation” over the next five years. However, the companies declined to give details of its investment in Massachusetts-based Ionic Materials— which is developing a solid polymer electrolyte it says enables improved performance and cost effectiveness of high-energy density batteries for automotive and other applications.

 

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