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Mercedes Chips In to the Solid-State Battery Funding Bonanza

Stellantis, BMW and VW also have placed bets on promising technology that could hasten EV adoption.

QuantumScape’s lab in San Jose, California, in February of last year.

QuantumScape’s lab in San Jose, California, in February of last year.

Photographer: GABRIELA HASBUN/NYTNS
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Lithium-ion batteries and the electricity they store represent the lifeblood of modern electric vehicles, much like gasoline was for 20th-century cars. With China expected to continue dominating production of lithium-ion cells, the West is now hoping to win the race for a vastly improved successor.