The “revolutionary” technology of these batteries will reduce the cost of current electric batteries by 30% and will also increase their autonomy by 50%, allowing “democratization of the electric vehicle by 2035”, as announced by Basquevolt’s CEO.
baskvolt will produce a prototype solid-state lithium battery by the end of the year, specifically a 20 Ah (ampere-hour) cell, that is, a model with a higher current rating than previous versions, which will increase the prelude to future batteries for electric vehicles.
Basquevolt, a public-private initiative promoted by the Basque government, hopes to launch a 1 GWh production line by the end of 2025 and mass-produce batteries “with 100% European technology” in 2027, the year it enters the car market.
The “revolutionary” technology of these batteries – developed over 10 years by CIC Energigune – will reduce costs by 30% current electric batteries and also It will increase its autonomy by 50%enabling “democratization of the electric vehicle by 2035”.
This was announced by Basquevolt CEO Francisco Carranz during the inauguration this Monday at the Miñano Technology Park (Álava) of the Basquevolt Innovation Center (CBI), the laboratories in which the company will continue to develop the next generation of solid-state battery cells, which are smaller and lighter than the current ones.
One year since its foundation
The inauguration ceremony was attended by the Lehendakari, Iñigo Urkullu, who emphasized that Basquevolt is a project based on “technological and industrial development ‘made in Euskadi'” and stressed that it is “a transformative initiative impacting all global challenges: digital , energy, climate and social”.
For this reason, he continued, “the company combines all the requirements towards which the international industrial future aspires”, and therefore it should be “considered and taken care of” by the European Next Generation funds.
The lehendakari has also noted that Basquevolt is already achieving “positive results” barely a year after its inception and has justified the public-private partnership formula behind this project as being a “model that works”.
Basquevolt currently employs 40 professionals of 15 nationalities, but when the project is fully operational, it is estimated that more than 800 jobs will have been created and more than 700 million euros invested.
Basquevolt was born with the ambition to be the first gigafactory in the world to develop and industrialize solid lithium cell technology for electric car batteries, though the batteries will enable more competitive energy storage, as well as advancements in electrification in air and rail transportation.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
