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ProLogium tackles EV market with solid-state batteries

Reporter Dimitri Bruyas Isabel Wang
Release time:2024/08/19 11:47
Last update time:2024/09/03 21:00
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TAIPEI (TVBS News) — The Taiwanese company ProLogium is making strides in the electric vehicle (EV) market by developing advanced solid-state batteries designed to enhance safety, longevity, and energy storage capabilities. Amid a global slowdown in EV sales, ProLogium's Founder and Chairman, Vincent Yang, discussed the company's strategies for overcoming industry challenges and future plans for expansion with TVBS News.

Addressing EV Market Challenges

 
Yang identified three primary issues currently plaguing the EV market. "Recently, both Goldman Sachs and Bloomberg highlighted the three main reasons for the current slowdown in the EV market. One is related to elections and policies, which we won't discuss here. Instead, let’s focus on the fundamental issues within the EV industry," he said. The primary concerns include the lack of residual value for electric vehicles and the scarcity of charging stations, which hinder the adoption of EVs.

ProLogium aims to address these issues by offering safer next-generation batteries. "Regarding next-generation batteries, we can offer a very safe solution. With this enhanced safety, there is no longer a need to rely on lithium iron phosphate (LFP) batteries," Yang explained. He emphasized the company's commitment to a modular design that does not depend on cell-to-pack (CTP) technology, which he believes is the future direction for battery design.

Expansion and Collaboration
ProLogium is also focused on achieving true mass production of solid-state batteries, a challenge that many in the industry face. "Solid-state batteries, along with other next-generation batteries, have not yet achieved true mass production. This situation underscores the fundamental challenges these technologies face," Yang said. He highlighted ProLogium's extensive patent portfolio and partnerships with key players globally, which he believes will enable the company to overcome these obstacles and expand its production capabilities.
 

The company’s strategic collaborations extend to Taiwan’s small and medium-sized enterprises (SMEs) and specialty chemical companies, which Yang described as "hidden champions with strong manufacturing capabilities." These partnerships are crucial for ProLogium's innovation and production processes, especially given the financial constraints faced by the company. "If we were not in Taiwan, we would need to develop our own fundamental research capabilities. Even then, our mass production speed might not be as fast. Being in Taiwan is crucial for us," Yang stated.

European Gigafactory Project
ProLogium's ambitious expansion plans include the construction of a gigafactory in Dunkirk, France. This facility is expected to create nearly 3,000 direct jobs by 2030, positioning Taiwan as a key player in the future of the EV sector. Yang expressed confidence in the project's success, citing support from local and central governments in France. "Construction of our plant is slated to commence by the end of this year or early next year, with progress proceeding as planned," he said.

The collaboration with Schneider Electric, renowned for its expertise in automated production and smart manufacturing, is another significant aspect of ProLogium's European expansion. "We look forward to integrating our new architectural, production, and product technology platforms into Europe. With Schneider Electric's support, we can enhance industrial automation and smart manufacturing," Yang noted. This partnership aims to expedite ProLogium's development cycle and improve the efficiency of its production processes.

Future Outlook
Looking ahead, Yang remains optimistic about the potential of solid-state batteries and ProLogium's role in the EV market. He emphasized the importance of ongoing research and development, as well as the company's commitment to innovation and collaboration. "Over the past decade, we've had a prime opportunity to establish robust partnerships. With numerous patents in solid-state electrolytes, core framework materials, and other specialties, we're well-equipped to collaborate and enable others to join our ecosystem," he said.

ProLogium's strategic approach to addressing industry challenges, expanding its production capabilities, and fostering global collaborations positions the company for significant growth in the coming years. As the EV market continues to evolve, ProLogium's advanced solid-state batteries may play a crucial role in shaping the future of sustainable transportation.