China’s Battery Makers Get Boost on Hopes for Solid-State Tech

One of the great hopes for more powerful electric vehicle batteries is getting closer to hitting the world’s roads – at least according to Chinese investors.

Solid-state technology, in which some liquid ingredients are replaced by solids, has long been viewed as a leader among the next-generation of batteries that are set to transform the global EV industry. Hopes the timeline for commercialization of solid-state cells is now getting firmer have helped fuel major moves for industry stocks in China, including putting Contemporary Amperex Technology Co. Ltd.’s Hong Kong-listed shares on track for their highest close since listing in May.