Chinese Automaker GAC Aims to Use Solid-State Battery by 2026

What’s new: Guangzhou Automobile Group Co. Ltd. (GAC) (601238.SH) has announced plans to install self-developed all-solid-state batteries in vehicles by 2026, joining other carmakers in attempting to commercialize a technology that could revolutionize the electric-vehicle (EV) industry.

Solid-state batteries potentially offer a longer lifespan, increased range and faster charging times. GAC’s version can have an energy density of up to 400 watt-hours per kilogram while meeting safety and reliability requirements under extreme conditions, the state-owned auto giant said in a statement Friday.