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He also acts as a liaison to the press. He has a PhD in electrochemistry from the University of Nottingham.","https://www.linkedin.com/in/birdmatthew/",{"type":583,"content":584},"doc",[585,610,630,635,648,661,666,673,678,711,716,721,726,731,736,741,746,759,764],{"type":586,"attrs":587,"content":588},"paragraph",{"textAlign":49},[589,592,600,602,608],{"text":590,"type":591},"As next-generation batteries get ","text",{"text":593,"type":591,"marks":594},"nearer to commercialisation",[595],{"type":596,"attrs":597},"link",{"href":598,"uuid":49,"anchor":49,"target":49,"linktype":599},"https://source.benchmarkminerals.com/article/in-charts-solid-state-batteries-and-the-route-to-commercialisation","url",{"text":601,"type":591},", developers are increasingly licensing their ",{"text":603,"type":591,"marks":604},"technologies to 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Forecast",[626],{"type":596,"attrs":627},{"href":628,"uuid":49,"anchor":49,"target":49,"linktype":599},"https://www.benchmarkminerals.com/forecasts/solid-state/reports",{"text":609,"type":591},{"type":586,"attrs":631,"content":632},{"textAlign":49},[633],{"text":634,"type":591},"This comes as US-based developer QuantumScape announced it would licence its solid-state battery technology to PowerCo, the battery making subsidiary of Germany’s Volkswagen.",{"type":586,"attrs":636,"content":637},{"textAlign":49},[638,640,646],{"text":639,"type":591},"“QuantumScape and Volkswagen have been working together for a while,” ",{"text":641,"type":591,"marks":642},"Rory McNulty",[643],{"type":596,"attrs":644},{"href":645,"uuid":49,"anchor":49,"target":49,"linktype":599},"https://source.benchmarkminerals.com/video/watch/scale-up-approaches-for-solid-state-battery-development",{"text":647,"type":591},", a next generation battery analyst at Benchmark, said. “This new announcement with PowerCo re-establishes and re-affirms these demonstration and mass production targets and is a huge vote of confidence that the relationship between the two market participants is still strong.”",{"type":586,"attrs":649,"content":650},{"textAlign":49},[651,653,659],{"text":652,"type":591},"Subject to the passing of technological milestones and the payment of royalties, QuantumScape will grant ",{"text":654,"type":591,"marks":655},"PowerCo",[656],{"type":596,"attrs":657},{"href":658,"uuid":49,"anchor":49,"target":49,"linktype":599},"https://source.benchmarkminerals.com/article/vw-spins-out-battery-business-as-it-eyes-north-american-gigafactory",{"text":660,"type":591}," a licence to mass produce battery cells using its solid-state technology with lithium metal anodes.",{"type":586,"attrs":662,"content":663},{"textAlign":49},[664],{"text":665,"type":591},"The licence is non-exclusive and allows PowerCo to produce 40 GWh per year of batteries with the technology with the option to increase this to 80 GWh.",{"type":667,"attrs":668,"content":670},"heading",{"level":669,"textAlign":49},4,[671],{"text":672,"type":591},"Technology licensing",{"type":586,"attrs":674,"content":675},{"textAlign":49},[676],{"text":677,"type":591},"The technological and business skills required to develop and prove a new technology is completely different to that required to commercially produce batteries at scale.",{"type":586,"attrs":679,"content":680},{"textAlign":49},[681,686,693,697,701,708],{"text":682,"type":591,"marks":683},"Watch Benchmark Analyst Rory McNulty ",[684],{"type":685},"italic",{"text":687,"type":591,"marks":688},"discuss the transition",[689,692],{"type":596,"attrs":690},{"href":691,"uuid":49,"anchor":49,"target":49,"linktype":599},"https://source.benchmarkminerals.com/video/watch/analyst-insights-transitioning-next-gen-batteries-from-rd-to-commercialisation",{"type":685},{"text":694,"type":591,"marks":695}," from development to commercialisation.",[696],{"type":685},{"text":698,"type":591,"marks":699},"View more analyst insight videos ",[700],{"type":685},{"text":702,"type":591,"marks":703},"here",[704,707],{"type":596,"attrs":705},{"href":706,"uuid":49,"anchor":49,"target":49,"linktype":599},"https://source.benchmarkminerals.com/search/tag/analyst-insights?items_per_page=12&page_offset=0&tags%5B%5D=analyst-insights",{"type":685},{"text":609,"type":591,"marks":709},[710],{"type":685},{"type":586,"attrs":712,"content":713},{"textAlign":49},[714],{"text":715,"type":591},"The production lines that next-generation technology developers operate and build are primarily geared towards the qualification of technologies, for example producing A-sample cells and beyond.",{"type":586,"attrs":717,"content":718},{"textAlign":49},[719],{"text":720,"type":591},"“Most solid-state battery producers don’t have ambitions to become a cell producer,” McNulty said. “Partnerships, licensing, and off-take agreements for solid electrolyte are the most likely routes to mass market roll-out.”",{"type":586,"attrs":722,"content":723},{"textAlign":49},[724],{"text":725,"type":591},"QuantumScape is currently undergoing formal automotive qualification, having delivered A-sample cells to automakers. It takes between four to six years to complete the process, so McNulty says it wouldn’t be unreasonable to expect QuantumScape’s technology to be used in commercially produced vehicles from 2028/29.",{"type":586,"attrs":727,"content":728},{"textAlign":49},[729],{"text":730,"type":591},"Solid Power, another US-based solid-state battery developer, is also licensing its technology to South Korean battery maker SK On and German automaker BMW in separate deals worth $20 million each.",{"type":667,"attrs":732,"content":733},{"level":669,"textAlign":49},[734],{"text":735,"type":591},"Regional strategies",{"type":586,"attrs":737,"content":738},{"textAlign":49},[739],{"text":740,"type":591},"There are distinct differences in the approach of developers based outside of China and those based within.",{"type":586,"attrs":742,"content":743},{"textAlign":49},[744],{"text":745,"type":591},"“North America and the RoW generally build the facilities that they need to meet their contractual obligations or next milestone,” McNulty said. “Chinese innovators tend to build large scale facilities (overcapacity) and ramp-up to meet demand when it comes.”",{"type":586,"attrs":747,"content":748},{"textAlign":49},[749,751,757],{"text":750,"type":591},"In 2024, ",{"text":752,"type":591,"marks":753},"China is home to 83% of solid-state battery production capacity",[754],{"type":596,"attrs":755},{"href":756,"uuid":49,"anchor":49,"target":49,"linktype":599},"https://source.benchmarkminerals.com/article/chinas-battery-industry-unites-in-effort-to-extend-dominance-to-solid-state",{"text":758,"type":591},", but by 2030 this is forecast to drop to 65%, with North America and Europe representing around 17% each.",{"type":586,"attrs":760,"content":761},{"textAlign":49},[762],{"text":763,"type":591},"But regardless of where the facilities are located, the trend is clear:",{"type":586,"attrs":765,"content":766},{"textAlign":49},[767],{"text":768,"type":591},"“The industry is marching on, gearing up for commercial roll out,” McNulty said.","As next-generation batteries get nearer to commercialisation, developers are increasingly licensing their technologies to OEMs. This year, around 12 gigawatt-hours (GWh) of solid-state and lithium metal battery production is expected, up from 5 GWh last year, according to Benchmark’s Solid-State and Lithium Metal Forecast. This comes as US-based developer QuantumScape announced it would licence its […]",[771],{"slug":574,"name":575,"content":772},{"job_title":577,"image":773,"bio":580,"linkedin":581},{"filename":579},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"9a372cea-483d-4030-849b-f01f08d42107\", \"id\": \"\"}-->","article",[777,780],{"slug":778,"name":779},"batteries","Batteries",{"slug":781,"name":782},"battery-technology","Battery Technology","private",{"id":49,"alt":785,"name":785,"focus":785,"title":785,"source":785,"filename":786,"copyright":785,"fieldtype":787,"meta_data":788,"is_external_url":51},"","https://a.storyblok.com/f/287943243085208/c46028cfd4/bm-qscape-2.jpg","asset",{"alt":785,"title":785,"source":785,"copyright":785},"Jul 19, 2024","19th July 2024",[],[],1789743896523]