Alongside potential for faster charge times without the risk of fire, the switch to solid-state batteries would likely do little to disrupt existing lithium-ion battery supply chains, infrastructure or battery metal prices, analysts said.

Do solid-state batteries use lithium?

A solid-state battery is a rechargeable energy storage system similar in overall structure and operation to the more familiar lithium-ion battery. The two differ in that a lithium-ion battery contains a liquid electrolyte while a solid-state battery—as its name suggests—features a solid one.

What battery will replace lithium?

An Australian company, Graphene Manufacturing Group, claims to have developed an aluminum-ion battery that charges in 1/60th the time of a lithium-ion battery. The company says the battery holds triple the charge of other aluminum cell batteries and is both easier to recycle and safer for use.