Maxell, Ltd. has outlined its strategy to accelerate the development of all-solid-state batteries as part of its new medium-term management plan, “MEX26” (Maximum Excellence 2026). The plan positions the advanced battery technology as a core component of the company’s future business, with mass production of medium-sized all-solid-state batteries targeted by the end of fiscal 2027.
Maxell, which began mass production of the worldâs first small-sized sulfide-based all-solid-state battery in June 2023, intends to capitalize on its expertise in battery manufacturing and Analog Core Technologies, including fine coating and high-precision molding. These technological innovations are driving the companyâs push to create highly reliable batteries with a lifespan of up to 20 years and the ability to function across a wide temperature range without leakage.
In its announcement, Maxell emphasized the potential of these batteries to support a sustainable society. “By commercializing medium-sized all-solid-state batteries, we aim to meet the needs of various markets, including sensing and monitoring in harsh environments and automotive devices,” the company stated.
Maxell projects sales of around „30 billion (US$202 million) from its all-solid-state battery business by fiscal 2030 and plans to continue investing in next-generation technologies to maintain its competitive edge in this growing sector.
