Thus far, the development of solid-state batteries has been primarily driven by automotive companies. We look forward to ramping up our new plant by the end of 2022 and working with our customers toward successful mass production.” “At ProLogium, we believe that innovative technology must be backed by the scalability of production. “We have been working with Mercedes-Benz on the testing of our EV battery cells since 2016 and are excited to strengthen and expand our partnership,” said ProLogium CEO and founder Vincent Yang. The Taiwanese battery maker focuses on the development of next-generation batteries including solid-state devices with silicon and lithium metal anodes and bipolar technology. The high double-digit million euro investment by the carmaker will be used to support the development of the technology and ProLogium's plan of establishing production capacity in Europe. Under the agreement, Mercedes will take a seat on the ProLogium board.
This is why we are partnering with companies like ProLogium to ensure that Mercedes-Benz continues to break new ground in the automotive sector for the benefit of our customers.” “Solid state technology helps to cut down battery size and weight. “We believe that range and efficiency are the new industry benchmarks for electric cars,” said Daimler head of development Markus Schäfer. The companies have agreed on milestones to enable the integration of solid-state battery technology into a range of passenger vehicles in the second half of this decade. The first Mercedes-Benz test vehicles equipped with solid-state batteries co-developed with ProLogium are expected to be introduced in the coming years. In light of its ambition to go all electric by 2030, German luxury car maker Mercedes-Benz continues to expand its network of tech partners, this time through a collaboration with Taiwanese solid-state battery specialist ProLogium.
Market overview: Large-scale storage systems.
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