Idemitsu Kosan Co (JP:5019) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Idemitsu Kosan Co. is advancing its plans to commercialize all-solid-state batteries by starting the basic design of a large pilot facility for solid electrolytes, aiming for mass production by 2027-2028. The company collaborates with Toyota Motor Corporation to use these solid electrolytes in electric vehicles, promising faster charging times and enhanced battery life. This initiative marks a significant step toward enhancing EV technology and establishing a resource-recycling society.
For further insights into JP:5019 stock, check out TipRanks’ Stock Analysis page.
