Robin Zeng Yuqun, the founder and chairman of CATL, the world’s largest EV battery maker, just poured cold water on the solid-state battery hype, saying the much-anticipated technology is only at “level four” of a nine-step readiness scale.
Speaking at “Summer Davos” in China this week, Zeng predicted that an inflection point for the technology won’t arrive until 2030 — and even warned that its commercial viability has yet to be established.
“Level four” out of nine
Zeng made the comments on Tuesday during a panel at the World Economic Forum’s Annual Meeting of the New Champions, held in Dalian, in northeast China’s Liaoning province. CATL confirmed his remarks on Thursday.
“Based on a measure of level one to nine, the technology has only reached level four so far,” Zeng said, according to a video clip posted online.
