SEOUL: The South Korean government has announced a strategic investment of ₩182.4 billion (approximately US$130.4 million) to accelerate the development and commercialisation of next-generation solid-state battery technologies. This initiative is aimed at bolstering the country’s competitive position in the global battery market, particularly in the sectors of wearable mobile devices and electric vehicles (EVs), according to the Ministry of Trade, Industry and Energy.
Under the programme, ₩35.8 billion will be allocated through to 2028 for the development of solid-state batteries tailored for small information technology (IT) devices, including smartwatches, virtual reality headsets, and wireless earphones.
In parallel, ₩29.4 billion will be invested by 2026 in the advancement of ultra-compact multilayer ceramic solid-state batteries, which are intended for use in auxiliary power systems.
The largest portion of the investment—₩117.2 billion—will be directed toward the development of next-generation rechargeable batteries for EVs. This includes support for solid-state, lithium-metal, and lithium-sulphur battery technologies, with funding scheduled through to 2028.
Solid-state batteries are regarded as a cornerstone of future energy storage solutions. Unlike conventional lithium-ion batteries, which utilise liquid electrolytes, solid-state batteries employ solid electrolytes, offering enhanced fire safety and greater energy density—features that are increasingly in demand in both consumer electronics and automotive industries.
A Ministry official stated, “Once these three promising solid-state battery technologies reach full development, they will play a pivotal role in securing South Korea’s technological leadership in the battery sector while expanding its industrial portfolio.”
-Yonhap
