Now it turns out Toyota just made Tesla battery technology obsolete. GM meanwhile will not confirm but analysts have been saying they expect GM to pull in up to another 40 billion in profits by keeping production longer in the ICE trucks and SUVs. Let's not forget though, I think right now, GM like Tesla will be stuck with old battery technology, yet at least GM has ICE.
Prime Planet Energy & Solutions Inc (the battery joint venture of Toyota Motor Corp. and Panasonic) is
not the only company who has been developing Solid State Batteries. QuantumScape (VW Group & Bill Gates), Solid Power (Ford & BMW), ProLogium (Mercedes), Factorial Energy (Stellantis & Hyundai), LG Energy Solution (Honda), Albemarle, GM, and Nissan are all developing Solid State Batteries. Some of these companies are farther along than other companies. Prime Planet Energy (Toyota/Panasonic) appears to be
much farther along and much closer to viable commercial production than any of the others, which stands to reason as they have invested the most resources and time in the effort.
Tesla won't be left out of the loop. Let's not forget where they have been getting their batteries from... Panasonic (18650 cells, 2170 cells, and 4680 cells which are also being manufactured inside Tesla's Gigafactory Texas). They will also be using prismatic batteries (lithium-iron-phosphate) manufactured by Chinese CATL. You can be sure that they will obtain Solid State Batteries soon after they become available, likely from Panasonic.
I know that we are talking about EVs here, but Solid State Batteries are going to be a HUGE game changer for ALL rechargeable battery powered devices. Whomever comes with economically viable Solid State Batteries is going to make a
boatload of money! This is why Toyota and Panasonic are all over this technology. Through last summer they have been issued over 1800 patents on the technology,
far more than anyone else. Toyota has been researching solid-state batteries since the 1990s, and its patents cover a wide ranging field that includes battery structure, material, and manufacturing processes.