Latest News In Electric Vehicles - Solid-State Battery Development Gains Momentum with New Partnership
Tesla Motors, Inc. TSLA | 0.00 |
ProLogium and OPmobility have signed a Memorandum of Understanding to collaborate on developing solid-state battery modules for electric vehicles. This partnership aims to integrate ProLogium's advanced solid-state battery cells into battery modules and packs suitable for EV applications, enhancing system-level solutions to meet the increasing demand in the global EV market. Initial efforts will focus on performance testing and module development, with the goal of creating OEM-adoptable solutions. The collaboration highlights a significant step towards advancing solid-state battery technology and improving competitiveness in the electric vehicle sector.
In other trading, Geely Automobile Holdings (SEHK:175) was a standout up 4% and finishing the session at HK$19.32. Meanwhile, Sumitomo Electric Industries (TSE:5802) trailed, down 11.7% to end trading at ¥10,630.
Best EV Stocks
- Tesla (NasdaqGS:TSLA) settled at $396.68 down 3%.
Seize The Opportunity
- Get an in-depth perspective on all 81 EV Stocks, including Ferrari, Walsin Lihwa and Rivian Automotive, by using our screener here.
- Ready For A Different Approach? AI is about to change healthcare. These 133 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Sources:
