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South Korean Firm Sees Solid-State Batteries as a Way to Outcompete China

South Korean battery maker SK On believes that solid-state batteries could give it the edge it needs to compete with China in the electric vehicle industry. The company says these next-generation batteries will first be used in pouch-type cells, a format in which it already has strong expertise. SK On’s research and development chief recently described this technology as a possible “weapon” in the race against Chinese battery producers.

Those powerful rivals include firms like QuantumScape Corp. (NYSE: QS) that are on the verge of commercializing solid-state batteries designed for use in…

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