Umicore, Idemitsu Team Up for High-Performance Solid-State Battery Materials
June 22 2022 - 10:18AM
Dow Jones News
By Kim Richters
Umicore SA and Idemitsu Kosan Co. said Wednesday that they have
agreed to work together on high-performance catholyte materials for
solid-state batteries that can be used in electric vehicles.
"Solid-state batteries are the next-generation batteries with
performance improvements on several fronts," the companies said in
a release, adding that the batteries' higher energy density would
increase driving range and enable faster charging in cars.
"The replacement of today's liquid electrolyte with a solid one
will enhance the safety and lifespan of batteries, reduce their
size, weight and ultimately, cost," they said.
Belgian materials company Umicore is holding its capital markets
day today, where it unveiled its 2030 strategic plan and targets
for the next years.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
June 22, 2022 10:03 ET (14:03 GMT)
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