EV Market - Poised for a Solid-state Revolution

Tesla's dominance in the EV market is undeniable, with their Model 3 and Y leading the market. While concerns about range anxiety and charging hassles linger, the industry is rapidly innovating, aiming to bridge the gap between EVs and gas-powered vehicles. Solid-state batteries, unlike their liquid-based counterparts, boast many advantages. Although there is still work to be done, advancements are coming quickly with product launches expected in 2024. Tesla will not be alone as competitors like NIO, Volkswagen, Toyota, Kia and GM are stepping up their game with impressive results.