What are the best solid-state battery stocks?

Below is our selection of the top seven solid-state battery stocks to watch. QuantumScape is a company dedicated to developing solid-state lithium batteries for electric cars. Backers include Volkswagen and Bill Gates. Solid Power develops solid-state cell and high-tech sulphide solid electrolyte batteries. Major partners include BMW and Ford.

What is a solid-state battery?

This has spurred numerous companies to relentlessly pursue unlocking its full potential. Unlike lithium-ion batteries that use liquid electrolytes, solid-state batteries employ solid electrodes and a solid electrolyte. This design minimizes the risk of leakage and thermal runaway, leading to safer and more stable batteries.

Is Toyota developing solid-state battery technology in-house?

Toyota is among the automotive giants investing in developing solid-state battery technology in-house. Toyota, in particular, has made notable strides in solid-state battery technology, evidenced by their application for over 1,000 patents in this area.