BYD plans to bring all-solid-state batteries to EVs by 2027, with several other companies also working on deploying this technology. This development is expected to significantly improve the performance and safety of electric vehicles. All-solid-state batteries replace the liquid electrolyte in traditional lithium-ion batteries with a solid material, which enhances the battery's energy density, charging speed, and overall lifespan. BYD's announcement comes as the company is struggling to meet demand for its new fast-charging EVs, which have seen record overseas sales. The implementation of all-solid-state batteries is anticipated to further boost BYD's sales and market share. Electrek

According to recent data, CATL leads the global EV battery market share with 40.1%, followed by BYD with 14.2%. This significant gap between the two companies highlights CATL's dominance in the EV battery market. The data also shows that BYD's overseas sales have been booming, with the company posting higher sales growth in May for the first time in eight months. This growth is driven by record overseas demand, particularly for new vehicles equipped with BYD's new battery and charging technology. CnEVPost

While solid-state batteries are still being developed, lithium-air batteries have emerged as a new technology. Lithium-air batteries, also known as lithium-oxygen batteries, have the potential to significantly increase energy density, making them a promising alternative to traditional lithium-ion batteries. However, the development of lithium-air batteries is still in its early stages, and several challenges need to be addressed before they can be commercialized. The arrival of lithium-air batteries highlights the ongoing innovation in the battery industry, with companies continuously exploring new technologies to improve the performance and efficiency of electric vehicles. 36氪Web