In the latest TrendForce’s “Development Trends of Solid-State Battery Market (2025)”, the Japanese government aims to achieve commercialization in all-solid-state batteries (ASSB) by about 2030 and has been expanding corresponding R&D funds over recent years. The Ministry of Economy, Trade and Industry (METI) announced the “Battery Supply Assurance Program” in 2024 and approved a total of four major R&D projects on ASSB by the end of the year, with a maximum subsidy of roughly US$660 million.
TrendForce highlights that Japan has placed high hopes on ASSB, which is superior in performance over traditional liquid lithium batteries and could potentially enter commercialization.
TrendForce commented that Japan, which first achieved commercialization of liquid lithium batteries in the world and once accounted for more than 90% of the global market share, managed to sit on more than 50% of the market share for automotive…
