Boost for EVs: Chinese carmaker Chery to begin testing solid-state batteries next year
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Chery Automobile, China's largest car exporter, announced plans to invest 10 billion yuan (US$1.49 billion) over the next two years to test solid-state batteries starting next year. This move aims to accelerate the commercialization of solid-state battery technology, which could further drive the electrification of the global automotive industry.
- Chery plans to invest 10 billion yuan (US$1.49 billion) in solid-state battery technology over the next two years
- Testing of solid-state batteries is scheduled to begin next year
- Chery is identified as China's largest car exporter by deliveries
التأثير المتوقع على السوق
The announcement signals increased capital allocation toward next-generation battery technology, potentially intensifying competition in the EV supply chain and affecting public peers and suppliers in the sector. While Chery is the primary actor, the news may impact sentiment for public EV manufacturers and battery suppliers involved in solid-state R&D.
المخاطر
- The article does not specify which public companies are direct suppliers or partners in this specific R&D initiative
- Commercialization timelines for solid-state batteries remain uncertain and may not align with the stated testing schedule
- Chery Automobile is not a US-listed public company, limiting direct ticker exposure
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المصدر الأصلي
Chery Automobile, China’s largest car exporter by deliveries, will begin testing its solid-state batteries next year, aiming to spearhead commercialisation of a technology likely to further spur the electrification of the global automotive industry. Yin Tongyue, the chairman of the state-owned carmaker, which is based in central China’s Anhui province, said on Thursday that it would invest 10 billion yuan (US$1.49 billion) in the new battery technology over the next two years, with 1,200...
اقرأ المقال كاملاً على South China Morning Post
المقال الأصلي منشور بواسطة South China Morning Post في 4 سبتمبر 2026. التحليل والرؤى المقدمة من AnalystMarkets AI.
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