Samsung showcases solid-state battery technology with a range of 600 miles.

Samsung SDI's vice president stated that automakers are highly interested in solid-state batteries because they are smaller, lighter, and safer than current electric vehicle batteries. However, he also acknowledged that the production costs of solid-state batteries are higher. Therefore, initially, they will primarily be used in high-end luxury electric vehicles with a range exceeding 600 miles (approximately 965.61 kilometers).

Samsung and Toyota have both committed to starting mass production of solid-state batteries in 2027. Toyota has announced that its first vehicle equipped with solid-state batteries will be a high-end electric vehicle under the Lexus brand.

Due to cost concerns, battery giant CATL initially held a skeptical view on large-scale production of solid-state batteries, believing it wouldn't be achievable until at least 2030. However, the company has recently changed its stance and plans to achieve a 1% penetration rate of solid-state batteries by 2027.

In addition to solid-state batteries, Samsung is also committed to developing cheaper lithium iron phosphate (lifepo4) and cobalt-free batteries, as well as dry electrode production processes, to expand its share in the more price-competitive electric vehicle market.