Boost for EVs: Chinese carmaker Chery to begin testing solid-state batteries next year
Chery Automobile, China’s largest car exporter by deliveries, will begin testing its solid-state batteries next year, aiming to spearhead commercialisation of a technology likely to further spur the electrification of the global automotive industry. Yin Tongyue, the chairman of the state-owned carmaker, which is based in central China’s Anhui province, said on Thursday that it would invest 10 billion yuan (US$1.49 billion) in the new battery technology over the next two years, with 1,200...