Basquevolt to produce first batteries before 2024

Basquevolt reports progress in the development of its solid-state battery cells. Before the end of this year, Basquevolt’s research and development centre is expected to produce the first 20 Ah cells suitable for use in electric vehicles.

The company has been testing its first multi-layer cells since April last year and has shown that its technology can achieve a very high energy density of 1,000 Wh/l or 450 Wh/kg while significantly reducing the overall cost of the battery pack. Basquevolt is talking about a potential cost reduction of 30 per cent compared to today’s lithium-ion batteries.

Basquevolt was only founded last year and is already planning to start mass production of solid-state cells at its future 1 GWh capacity plant by the end of 2025. The plant is located in Vitoria-Gasteiz, the seat of government and the capital city of the Basque Country and the province of Álava in northern Spain.

“Today’s unveiling represents a significant milestone for Basquevoltand reaffirms our position as a pioneer in the European solid-state industry,” said Francisco Carranza, Basquevolt’s Chief Executive Officer, adding: ” Our dedicated research and development team has successfully overcome technical challenges to deliver a cost-competitive solid-state battery technology that offers a very high energy density. This breakthrough has the potential to revolutionize multiple sectors, including transportation and energy storage.”

innoenergy.com (PDF), basquevolt.com