Hyundai has been active in creating alternatively fuelled vehicles including cars such as the Ioniq and the Kona Electric.
It is a manufacturer that is creating a lot of electric vehicles and looking to transition into low to zero-emissions travel.
Now, as a further statement of intent, the carmaker has invested in a solid-state battery startup, to try and bring the technology to its production vehicles.
Solid-state batteries have been talked about a lot by carmakers with many citing them as a better alternative to lithium-ion cells, which are pretty much standard in most electric cars.
For example, Fisker claims its next-generation solid-state battery will deliver around 460-miles of range and be able to recharge to 80 per cent in around one minute.
Hyundai Cradle, a company subsidiary, has now claimed that Ionic Materials, the startup it has invested in, has made a breakthrough in developing low-cost and high-performing solid-state batteries.
John Suh, Vice-President of Hyundai CRADLE, commented on the announcement: “Ionic Materials’ breakthrough technology could significantly improve battery technology today.
“We are always looking for ways to ensure our cars provide the highest level of clean and efficient solutions.
“Our investment in Ionic Materials will keep us at the forefront of battery development, allowing us to build better eco-friendly vehicles.”
Mike Zimmerman, founder and CEO of Ionic Materials, commented on Hyundai’s investment:”The investment by Hyundai represents another key company milestone and demonstrates our rapid momentum as we develop polymer-based materials for solid-state batteries.
“With the ongoing help of our investment partners, we have expanded our facilities and are adding to our team to meet the ever-growing demand for this technology.”
Ionic Materials claims its solid-state battery technology will be safer, have higher performance and lower costs.
The firm believes that its battery technology will be cheaper than lithium-ion in the future.
It said: “Our polymer is compatible with a number of next-generation chemistries that have the potential to significantly reduce battery costs per kWh (either because they use lower cost materials because they enable much higher energy densities or both).
“In addition, use of Ionic’s polymer as a battery electrolyte potentially enables the production of batteries using extrusion and other plastic processing techniques that are simpler and lower cost than the methods used to manufacture liquid electrolyte batteries.”
There is no confirmed date for when this technology will enter production in its cars.