Market Chatter: Chery Auto to Test Solid-State Batteries in Vehicles in 2027

MT Newswires Live14:52

Chery Automobile (HKG:9973) plans to start testing its solid-state batteries in vehicles in 2027 and invest 10 billion yuan over the next two years to develop the technology, South China Morning Post reported Thursday, citing National Business Daily.

Chery Chairman Yin Tongyue said the company plans to deploy 1,200 engineers on solid-state battery development. Its solid-state batteries would have an energy density of 400 watt-hours per kilogram, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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