{"id":27752,"date":"2020-06-18T15:10:00","date_gmt":"2020-06-18T15:10:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2603555"},"modified":"2020-06-18T15:10:00","modified_gmt":"2020-06-18T15:10:00","slug":"vw-pumps-200-million-more-into-battery-tech-that-could-double-ev-range","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/06\/18\/vw-pumps-200-million-more-into-battery-tech-that-could-double-ev-range\/","title":{"rendered":"VW pumps $200 million more into battery tech that could double EV range"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"233\" height=\"24\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/3998-ICN-189.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<figure class=\"postimage\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2020AL00737_large-1280x720.jpg\" alt=\"VW pumps $200 million more into battery tech that could double EV range\" width=\"718\" height=\"404\" \/><\/figure>\n<div class=\"content\">\n<p>Volkswagen has tripled its stake in a solid-state battery specialist, counting on high-density batteries that promise longer range and shorter charging times being the key to driving EVs into the mass market. The German automaker had already taken a stake in US company QuantumScape, worth more than $100 million. Now, it&rsquo;s adding up to $200 million more.<\/p>\n<p>&ldquo;The goal is to drive forward the joint development of solid-state battery technology,&rdquo; Volkswagen Group said today of the investment news. &ldquo;In the future, solid-state batteries are expected to significantly increase range and shorten charging times further.&rdquo;<\/p>\n<p>A spin-off from Stanford, QuantumScape is focusing on bringing solid-state battery technology out of the lab and making it feasible for electric vehicles on the road. Compared to the current lithium-ion technology that is used in most EVs, solid-state batteries would have much higher energy density despite a small footprint. In fact, an electric car using a solid-state battery the same size of its current lithium-ion battery could potentially drive 2-2.5x the distance.<\/p>\n<div class=\"bigboy\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-625150\" src=\"https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2019AU01062_large-1280x800.jpg\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" srcset=\"https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2019AU01062_large-1280x800.jpg 1280w, https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2019AU01062_large-613x383.jpg 613w, https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2019AU01062_large-768x480.jpg 768w, https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2019AU01062_large-1536x959.jpg 1536w, https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2019AU01062_large.jpg 1680w\" alt=\"\" width=\"741\" height=\"463\" data-attachment-id=\"625150\" data-permalink=\"https:\/\/www.slashgear.com\/vw-pumps-200-million-usd-more-into-quantumscape-solid-state-battery-tech-that-could-double-ev-range-16625146\/the-new-volkswagen-id-3\/\" data-orig-file=\"https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2019AU01062_large.jpg\" data-orig-size=\"1680,1049\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;ID.3 MEB base 58 kWh (net) with sketched body.&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;Volkswagen AG&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;The new Volkswagen ID.3&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Volkswagen ID.3 MEB cutaway\" data-image-description=\"\" data-medium-file=\"https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2019AU01062_large-613x383.jpg\" data-large-file=\"https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2019AU01062_large-1280x800.jpg\" \/><\/div>\n<p>QuantumScape and VW Group have been working together on getting solid-state battery technology ready for mass-production since 2018, and indeed collaborating with the company since 2012. The goal is to produce a solid-state battery production line by 2025.<\/p>\n<p>&ldquo;Volkswagen is taking e-mobility to the mainstream. A strong position in batteries is a decisive factor in this regard,&rdquo; Frank Blome, Head of the Battery Cell business, Volkswagen Group Components, said of the new investment. &ldquo;We are securing our global supply base with efficient producers, gradually building up manufacturing capacities and driving the development of cutting-edge solid-state battery technology. Our focus in this context is on long-term strategic partnerships.&rdquo;<\/p>\n<div class=\"bigboy\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-625151\" src=\"https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2020NR00124_large-1280x645.jpg\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" srcset=\"https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2020NR00124_large-1280x645.jpg 1280w, https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2020NR00124_large-680x343.jpg 680w, https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2020NR00124_large-768x387.jpg 768w, https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2020NR00124_large-1536x774.jpg 1536w, https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2020NR00124_large.jpg 1680w\" alt=\"\" width=\"706\" height=\"356\" data-attachment-id=\"625151\" data-permalink=\"https:\/\/www.slashgear.com\/vw-pumps-200-million-usd-more-into-quantumscape-solid-state-battery-tech-that-could-double-ev-range-16625146\/story-the-meb-is-a-decisive-plus-point\/\" data-orig-file=\"https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2020NR00124_large.jpg\" data-orig-size=\"1680,847\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;Volkswagen AG&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;Story: \\u201cThe MEB is a decisive plus point\\u201d&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"VW MEB platform\" data-image-description=\"\" data-medium-file=\"https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2020NR00124_large-680x343.jpg\" data-large-file=\"https:\/\/cdn.slashgear.com\/wp-content\/uploads\/2020\/06\/DB2020NR00124_large-1280x645.jpg\" \/><\/div>\n<p>As you&rsquo;d expect, then, we&rsquo;re unlikely to see solid-state batteries show up in production VW vehicles any time soon. Though the automaker does believe they&rsquo;ll eventually be ready for the sort of large-scale production it would require &ndash; and has demonstrated them outputting automotive-levels of power, albeit in a lab situation &ndash; the challenges are still considerable. If all goes to plan, VW and QuantumSpace hope to set up a pilot plant for production experiments, with the roadmap for that likely to be announced later this year.<\/p>\n<p>Solid-state batteries use solid electrodes and a solid electrolyte, unlike lithium-ion batteries which use a liquid electrolyte. QuantumSpace and VW aren&rsquo;t the only companies exploring that potential for EVs, mind. BMW, Honda, Nissan, Dyson, and others have all said they&rsquo;re working on the next-generation batteries.<\/p>\n<p>Volkswagen has previously said that it intends to add 75 new electric vehicles to its various brands &ndash; including VW, Audi, Porsche, SEAT, and others &ndash; over the next 10 years. Many will be based on the MEB platform, a highly-flexible architecture intended specifically for EVs.<\/p>\n<\/div>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/news.com\" target=\"_blank\">http:\/\/news.com<\/a><br \/><b>Contact Information:<\/b><br \/>Chris Davies<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Chris Davies<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"233\" height=\"24\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/3998-ICN-189.png\" alt=\"\">Volkswagen has tripled its stake in a solid-state battery specialist, counting on high-density batteries that promise longer range and shorter charging times being the key to driving EVs into the mass market. The German automaker had already taken a stake in US company QuantumScape, worth more than $100 million. Now, it&rsquo;s adding up to $200 &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/06\/18\/vw-pumps-200-million-more-into-battery-tech-that-could-double-ev-range\/\">Continue reading <span>VW pumps $200 million more into battery tech that could double EV range<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/06\/18\/vw-pumps-200-million-more-into-battery-tech-that-could-double-ev-range\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,22,54],"tags":[],"class_list":["post-27752","post","type-post","status-publish","format-standard","hentry","category-english","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>VW pumps $200 million more into battery tech that could double EV range - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/06\/18\/vw-pumps-200-million-more-into-battery-tech-that-could-double-ev-range\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VW pumps $200 million more into battery tech that could double EV range - Business\" \/>\n<meta property=\"og:description\" content=\"Volkswagen has tripled its stake in a solid-state battery specialist, counting on high-density batteries that promise longer range and shorter charging times being the key to driving EVs into the mass market. The German automaker had already taken a stake in US company QuantumScape, worth more than $100 million. 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The German automaker had already taken a stake in US company QuantumScape, worth more than $100 million. 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