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 world’s 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 company’s 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.
