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ProLogium","solid-state-battery-race-picks-up-speed-as-vietnams-vinfast-takes-stake-in-prologium","article/solid-state-battery-race-picks-up-speed-as-vietnams-vinfast-takes-stake-in-prologium",{"_uid":547,"date":548,"tags":549,"editor":550,"content":560,"excerpt":651,"featured":51,"reporter":652,"_editable":656,"component":657,"seo_title":543,"categories":658,"visibility":665,"author_company":49,"featured_image":666,"seo_description":651,"author_full_name":49,"author_job_title":49,"formattedDate":671,"formattedArticleDate":672},"d24ee341-2cbb-44cf-9bf3-0766671d60fb","2022-07-07 00:00",[],[551],{"slug":552,"name":553,"content":554},"didi-bostock","Didi Bostock",{"job_title":555,"image":556,"bio":558,"linkedin":559},"Editor - Energy Transition & Economics",{"filename":557},"https://a.storyblok.com/f/287943243085208/512x512/2c5ca5c1a3/didi-bostock.jpeg","Didi is the Energy Transition & Economics Editor at Benchmark, covering a broad range of markets across the energy transition. His remit spans from downstream sectors such as BESS and EVs, through to midstream such as new technologies and battery production, to upstream critical minerals mining. He also leads on financial analysis across these supply chains, alongside in-depth policy analysis.\n","https://www.linkedin.com/in/didi-bostock-656342198/",{"type":561,"content":562},"doc",[563,570,575,590,595,600,619,626,631,636,641,646],{"type":564,"attrs":565,"content":566},"paragraph",{"textAlign":49},[567],{"text":568,"type":569},"Vietnam’s VinFast has invested “tens of millions” of dollars in Taiwanese solid-state battery startup ProLogium Technology and will secure battery cell supplies starting in 2024, as it bets on a technology that promises more range for electric vehicles.","text",{"type":564,"attrs":571,"content":572},{"textAlign":49},[573],{"text":574,"type":569},"The electric vehicle maker said ProLogium’ will devote a significant portion of production capacity at its new solid state battery plant to VinFast. The two companies may also establish a joint-venture solid-state battery factory in Vietnam, VinFast said.",{"type":564,"attrs":576,"content":577},{"textAlign":49},[578,580,588],{"text":579,"type":569},"Automakers are increasingly targeting ",{"text":581,"type":569,"marks":582},"solid-state battery technology",[583],{"type":584,"attrs":585},"link",{"href":586,"uuid":49,"anchor":49,"target":49,"linktype":587},"https://source.benchmarkminerals.com/article/can-solid-state-batteries-compete-with-traditional-lithium-ion-on-cost","url",{"text":589,"type":569}," as they promise greater safety, more range, faster-charging capability, and lower costs for electric vehicles.",{"type":564,"attrs":591,"content":592},{"textAlign":49},[593],{"text":594,"type":569},"VinFast’s investment comes six months after Germany’s Mercedes-Benz made a “high double-digit” million euro investment in ProLogium and took a seat on the startup’s board. The Taipei-based company said the investment would be used towards establishing production capacity in Europe.",{"type":564,"attrs":596,"content":597},{"textAlign":49},[598],{"text":599,"type":569},"Mercedes, which plans to go all electric by 2030, said it will introduce test vehicles equipped with solid-state batteries co-developed with ProLogium in the coming years.",{"type":564,"attrs":601,"content":602},{"textAlign":49},[603,609,611,617],{"text":604,"type":569,"marks":605},"Production capacity",[606],{"type":584,"attrs":607},{"href":608,"uuid":49,"anchor":49,"target":49,"linktype":587},"https://source.benchmarkminerals.com/article/solid-state-enters-gigawatt-hour-era-as-new-capacity-comes-online-in-2022",{"text":610,"type":569}," of solid-state batteries is expected to reach over 250 GWh by 2030, according to a Benchmark Mineral Intelligence’s ",{"text":612,"type":569,"marks":613},"Solid-state and Lithium Metal Batteries report",[614],{"type":584,"attrs":615},{"href":616,"uuid":49,"anchor":49,"target":49,"linktype":587},"https://www.benchmarkminerals.com/contact/",{"text":618,"type":569},".",{"type":620,"attrs":621,"content":623},"heading",{"level":622,"textAlign":49},4,[624],{"text":625,"type":569},"Race For Solid-State Tech",{"type":564,"attrs":627,"content":628},{"textAlign":49},[629],{"text":630,"type":569},"ProLogium said in June its upcoming solid-state lithium ceramic battery plant will go online in early 2023 and will commence mass production by the second half of the year, followed by capacity global expansion plans in key markets.",{"type":564,"attrs":632,"content":633},{"textAlign":49},[634],{"text":635,"type":569},"France’s Blue Solutions, South Korea’s Samsung SDI are some of ProLogium’s key rivals. Quantumscape, a company backed by Volkswagen and Bill Gates, is another contender in solid-state battery development.",{"type":564,"attrs":637,"content":638},{"textAlign":49},[639],{"text":640,"type":569},"VinFast aims to build 150,000 electric vehicles and batteries from its North Carolina factory where it is expected to begin construction this year and production will begin in July 2024.",{"type":564,"attrs":642,"content":643},{"textAlign":49},[644],{"text":645,"type":569},"In November the company revealed the first two of its electric vehicles — VF 9, a seven-seater electric SUV and VF 8, a five-seater electric mid-size SUV — at the Los Angeles Auto Show.",{"type":564,"attrs":647,"content":648},{"textAlign":49},[649],{"text":650,"type":569},"VinFast said it also plans to enter into commercial agreements to develop battery pack designs using Prologium’s proprietary solid-state battery technology.","Vietnam’s VinFast has invested “tens of millions” of dollars in Taiwanese solid-state battery startup ProLogium Technology and will secure battery cell supplies starting in 2024, as it bets on a technology that promises more range for electric vehicles. The electric vehicle maker said ProLogium’ will devote a significant portion of production capacity at its new […]",[653],{"slug":552,"name":553,"content":654},{"job_title":555,"image":655,"bio":558,"linkedin":559},{"filename":557},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"d24ee341-2cbb-44cf-9bf3-0766671d60fb\", \"id\": \"\"}-->","article",[659,662],{"slug":660,"name":661},"batteries","Batteries",{"slug":663,"name":664},"battery-technology","Battery Technology","private",{"id":49,"alt":667,"name":667,"focus":667,"title":667,"source":667,"filename":668,"copyright":667,"fieldtype":669,"meta_data":670,"is_external_url":51},"","https://a.storyblok.com/f/287943243085208/6b6d1dffee/bm-prologium.jpg","asset",{"alt":667,"title":667,"source":667,"copyright":667},"Jul 07, 2022","7th July 2022",[],[],1784740345390]