Part 2/7:
Microvast announced significant advancements in their all solid state battery (ASSB) technology. They claim this development allows single cells to achieve unprecedented voltage, therefore increasing energy density and safety. According to Microvast, these batteries could allow for much faster charging times—potentially under 10 minutes—while also boasting impressive ranges for electric vehicles. However, many industry observers are skeptical, noting that such dramatic advancements seem similar to past over-promising by other manufacturers.