QuantumScape has revised its deal with PowerCo, including up to $75.4M in milestones, as the company continues to develop its solid-state battery technology. This deal is a significant step forward for QuantumScape, as it demonstrates the company's commitment to bringing its solid-state battery technology to market. The deal includes various milestones, such as the development of solid-state battery cells and the establishment of a manufacturing process. QuantumScape's solid-state battery technology has the potential to revolutionize the electric vehicle industry, and this deal brings the company one step closer to achieving that goal. Source

A new solid-state battery electrolyte has been developed, retaining over 84% of its capacity after 350 cycles, a significant breakthrough for solid-state battery technology. This new electrolyte has the potential to greatly improve the performance and lifespan of solid-state batteries, making them a more viable option for electric vehicles and other applications. The development of this electrolyte is a major step forward for the solid-state battery industry, and it demonstrates the ongoing innovation and progress being made in this field. Source

Ilika has shown commercial progress in its Stereax and Goliath solid-state battery businesses, demonstrating the growing potential of solid-state batteries. Ilika's Stereax and Goliath solid-state battery platforms are designed for use in a variety of applications, including electric vehicles, consumer electronics, and industrial devices. The company's commercial progress in these areas is a significant step forward for the solid-state battery industry, and it demonstrates the increasing demand for this technology. As the demand for solid-state batteries continues to grow, companies like Ilika are well-positioned to capitalize on this trend and bring innovative new products to market. Source