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Our latest battery design has proven that it can fully meet the requirements of the automotive industry, or almost fully meet them, including charging speed and low-temperature performance. We have found a clear path, and our goal is to produce solid-state batteries that are all solid-state, multi-layer, and can be used for electric vehicles, fully meeting the requirements of car manufacturers, not in the next few years, but in 2021

Solid state batteries have no liquid and are less prone to ignition. Moreover, compared to traditional batteries, solid state batteries are thinner, have higher energy density, and store more electricity. However, NanoOne CEO Dan Blondal pointed out that it is easier to use liquid connections between the two poles, and solid-state batteries require solid connections. How to mass produce and turn them into commercial products is currently a major challenge.

Dan Blondal pointed out that "Solid's people seem to have proven that they can do it. They have adopted a very practical strategy that can produce solid-state batteries on a large scale using existing methods." He also said that many companies are now looking for ways to produce solid-state batteries on a large scale, and for the entire battery industry, mass production is the 'holy grail'.

QuantumScape is also a star in the battery industry, with a valuation of up to $50 billion. However, since December 22nd, its stock price has fallen by 60% due to investors' concerns that its solid-state batteries may not be as good as expected. Currently, QuantumScape's valuation is approximately $20 billion. QuantumScape does not have any revenue, it has just tested single-layer prototype solid-state batteries.

Billy Wu, a battery expert at Imperial College London, said, "I don't really believe in Quantum Scape. In the past, many solid-state batteries came and went, and it was really difficult to succeed. Solid state batteries were manufactured in the laboratory and mass-produced, separated by millions of kilometers

Nobel laureate in chemistry, Stanley Whittingham, pointed out, "The data provided by QuantumScape is very good, and I think this is a real breakthrough. Now all we need to do is manufacture larger batteries and fit them into cars

Oxford professor Peter Bruce believes that companies need to prove the energy density and lifespan of solid-state batteries in real environments, not just in the laboratory. He said, "Solid state batteries have indeed made great progress, but there are still many problems to be solved. Only when solid state batteries are significantly stronger than lithium batteries will car companies accept them

Perhaps solid-state batteries will change our times, or perhaps the excitement now is just an illusion, who knows?

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