Honda plans to invest 43 billion yen ($290 million) to build a solid-state battery production line in Tochigi, Japan by 2024.
Shinji Aoyama, Honda’s global electrification leader, said automakers are expected to incorporate solid-state batteries into production cars by the end of the decade, possibly 2028 or 2029.
“In the spring of 2024, we will start a pilot line (for manufacturing). Then if we succeed, we believe we can launch vehicles with solid-state batteries in the latter part of 2029, 2028,” Shinji Aoyama, Honda’s global electrification leader, told Ars Technica.
At the same meeting, Honda CEO and global president Toshihiro Mibe also added that the automaker has not yet decided which vehicle will be the first to be equipped with a solid-state battery.
Mibe noted that the company is not only looking to equip its cars with solid-state batteries, but also into the production of its motorcycles.
Plus, there’s a more financially rewarding use: selling technology to partners and other automakers.
However, it may take two to three years before Honda lays out its solid-state business plan. But once the technology was ready for use, Honda would be happy to sell it to anyone.
