Chery to invest $1.3B in solid-state batteries, targeting 2027 testing

Chinese automaker Chery announced a $1.3 billion investment in solid-state battery development, aiming to double energy density and begin testing in 2027. This marks a significant corporate commitment to next-generation battery tech, though commercial viability and production scale remain unproven. The move could accelerate EV battery competition, particularly against established players.