They say it won’t break the bank either; [$45-46K]
“the price is not expensive.”
Formerly a British auto brand, MG is now owned by Chinese state-owned SAIC Motor. China’s auto giant is using the well-known name to help drive its overseas sales push.
MG’s semi-solid-state EV battery uses solid and liquid electrolytes, which is easier to produce but offers lower energy density than an all-solid-state EV battery.
OK it is not a pure solid State battery and likely has less range than a pure one.
Factorial’s CTO and Co-Founder, Alex Yu, claims its Solstice all-solid-state cells have “up to 80% higher energy density” than most current lithium-ion tech. The company aims to unlock over 600 miles of driving range with a 40% weight reduction.
Still very good range over current lithium-ion technology.