Thrive of Electric Vehicle Market and Impact of Solid-State Batteries in the US

Siyu Huang, CEO of Factorial Energy, illuminates the thriving electric vehicle (EV) market in the US, with sales reaching historic milestones in 2023. Demand for longer range and larger, affordable vehicles is reshaping the narrative. Solid-state batteries are emerging as a game-changer, poised to address challenges such as weight and range limitations. Strategic government support is anticipated to enhance EV affordability. To control its future, the US must focus on bolstering battery manufacturing and infrastructure.