SK On claims a technological advantage in pouch cell formats that can adapt to solid-state technology, which may allow it to outpace competitors, particularly from China. Solid-state batteries are anticipated to revolutionize the auto industry, offering enhancements over traditional lithium-ion packs, such as higher energy density and improved lifespan. Despite this, SK On faces intense competition from Chinese manufacturers who are already advancing in semi-solid-state technologies. Major automakers, including those from the West, are also joining the race to integrate these advanced battery systems into their electric vehicles.
SK On's research and development chief Park Kisoo expressed optimism about solid-state batteries, stating, 'When the world of solid-state batteries arrives, it will definitely be first applied in pouch-type cells in which we already have a technological edge.' He emphasized this could be a critical tool to compete against Chinese battery manufacturers.
Solid-state EV batteries are expected to provide better energy density, faster charging, longer lifespan, and improved thermal stability over traditional lithium-ion batteries. These advancements are a focus for many automakers.
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