Chery Invests $1.5 Billion in Solid-State Battery Development for 2027 EVs

Chinese automaker Chery plans to test solid-state batteries in vehicles by 2027 after allocating $1.5 billion to the technology.

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from the fact record

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As of 2026-09-05 08:31 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.

Chery, a Chinese automaker, announced a roadmap to integrate solid-state battery technology into its electric vehicles by 2027 to improve range and safety. ^[1] Chery Automobile, China's largest car exporter by deliveries, announced plans to begin testing its solid-state batteries next year. ^[2] Yin Tongyue, the chairman of the state-owned carmaker Chery Automobile, said on Thursday that the company would invest 10 billion yuan, equivalent to US$1.49 billion, in the new battery technology over the next two years. ^[3] Chery Chairman Yin Tongyue stated that the company has allocated a budget of 10 billion yuan, approximately 1.5 billion dollars, for the development and integration of solid-state battery technology. ^[4] Chery has already developed solid-state battery cells with an energy density of 400 Wh/kg and plans to prioritize safety criteria during field tests. ^[5] Chery Automobile plans to deploy 1,200 engineers to work on innovative breakthroughs for the solid-state battery technology. ^[6] Yin Tongyue stated that Chery will not install the new batteries in vehicles unless they prove to be absolutely safe. ^[7] Chery intends to introduce semi-solid battery technology, specifically the 'Rhino' solid-liquid battery package, to vehicles starting in the fourth quarter of 2026. ^[8]

What this stands on

Chery, a Chinese automaker, announced a roadmap to integrate solid-state battery technology into its electric vehicles by 2027 to improve range and safety. ·

Ekonomim

Chery Automobile, China's largest car exporter by deliveries, announced plans to begin testing its solid-state batteries next year. · Bangkok Post

Yin Tongyue, the chairman of the state-owned carmaker Chery Automobile, said on Thursday that the company would invest 10 billion yuan, equivalent to US$1.49 billion, in the new battery technology over the next two years. · Bangkok Post

Chery Chairman Yin Tongyue stated that the company has allocated a budget of 10 billion yuan, approximately 1.5 billion dollars, for the development and integration of solid-state battery technology. ·

Ekonomim

Chery has already developed solid-state battery cells with an energy density of 400 Wh/kg and plans to prioritize safety criteria during field tests. ·

Ekonomim

Chery Automobile plans to deploy 1,200 engineers to work on innovative breakthroughs for the solid-state battery technology. · Bangkok Post

Yin Tongyue stated that Chery will not install the new batteries in vehicles unless they prove to be absolutely safe. · Bangkok Post

Chery intends to introduce semi-solid battery technology, specifically the 'Rhino' solid-liquid battery package, to vehicles starting in the fourth quarter of 2026. ·

Ekonomim

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