Maxell Accelerates Development of All-Solid-State Batteries in New Management Plan

Maxell, Ltd. has unveiled its ambitious medium-term management plan, “MEX26,” which focuses on accelerating the development of all-solid-state batteries as a core aspect of its new business strategy. With a rich history in battery and magnetic tape manufacturing, Maxell is renowned for its innovative technologies and high-quality electronics products. The company aims to leverage its expertise in Analog Core Technologies to drive technological advancements in various fields.

By achieving mass production of the world’s first small-sized sulfide-based all-solid-state battery in 2023, Maxell has already made significant strides in this area. Now, the company is eyeing the mass production of a medium-sized all-solid-state battery by the end of fiscal 2027. What sets Maxell’s all-solid-state batteries apart is their high reliability, offering a battery life of up to 20 years, and their ability to operate effectively across a wide range of temperatures without the risk of leakage. With these features, Maxell aims to meet diverse market needs, including applications in sensing, monitoring in harsh environments, and automotive devices.

The company envisions contributing to the realization of a sustainable society by commercializing all-solid-state batteries that serve as permanent power sources. Maxell aims to achieve sales of approximately 30 billion yen from the all-solid-state battery business by fiscal 2030. To achieve this goal, Maxell plans to invest in the development of next-generation technologies and focus on commercializing medium-sized all-solid-state batteries.

Moreover, Maxell intends to strengthen its presence in key areas such as Mobility, ICT/AI, and Human/Social Infrastructure. The company will focus on enhancing products like heat-resistant coin-type lithium batteries, coated separators, and primary batteries for medical devices within these growth areas. Additionally, Maxell aims to build stronger relationships with global customers in the Americas, Europe, and Asia by bolstering its technical sales team.

Through its relentless pursuit of technological advancements and commitment to becoming an indispensable company, Maxell aims to solidify its position as a leading player in the evolving field of all-solid-state batteries.

FAQ Section

1. What is Maxell’s medium-term management plan?
Maxell’s medium-term management plan, called “MEX26,” focuses on accelerating the development of all-solid-state batteries as a core aspect of its new business strategy.

2. What progress has Maxell made in the development of all-solid-state batteries?
Maxell has already achieved mass production of the world’s first small-sized sulfide-based all-solid-state battery in 2023. They are now working towards the mass production of a medium-sized all-solid-state battery by the end of fiscal 2027.

3. What makes Maxell’s all-solid-state batteries unique?
Maxell’s all-solid-state batteries stand out for their high reliability, offering a battery life of up to 20 years, and their ability to operate effectively across a wide range of temperatures without the risk of leakage.

4. What are the potential applications for Maxell’s all-solid-state batteries?
Maxell aims to meet diverse market needs with its all-solid-state batteries, including applications in sensing, monitoring in harsh environments, and automotive devices.

5. What is Maxell’s sales target for the all-solid-state battery business?
Maxell aims to achieve sales of approximately 30 billion yen from the all-solid-state battery business by fiscal 2030.

Definitions

1. All-solid-state batteries: Batteries that use solid-state electrolytes instead of liquid electrolytes, offering advantages such as improved safety, stability, and energy density.

2. Sulfide-based: Referring to a type of material composition using sulfides, which are compounds containing sulfur.

3. Leakage: The unintended release or escape of a substance, in this context referring to the risk of harmful liquids seeping out of a battery.

4. Coin-type lithium batteries: Small, flat lithium batteries often used in devices such as watches, calculators, and hearing aids.

5. Coated separators: Thin protective layers applied to separators in batteries to prevent short circuits and improve overall performance.

Related Links

1. Maxell Global: Visit Maxell’s official website for more information about the company and its various products and technologies.

2. Maxell All-Solid-State Batteries: Learn more about Maxell’s all-solid-state batteries and their potential applications.

3. Maxell Technology: Explore Maxell’s innovative technologies and their contributions to various industries.

4. Maxell News: Stay updated with the latest news and announcements from Maxell.

BySeweryn Dominsky

Seweryn Dominsky is an accomplished author and thought leader in the realms of new technologies and fintech. He holds a Master’s degree in Information Technology from the University of Krakow, where he cultivated a deep understanding of the intersection between technology and finance. With over a decade of experience in the industry, Seweryn has worked with TechX Solutions, a leading firm specializing in innovative fintech applications. His unique insights, paired with a rigorous academic background, allow him to explore complex technological advancements and their implications in the financial sector. Through his writing, Seweryn aims to demystify emerging technologies, making them accessible to professionals and enthusiasts alike.