From Reddit
Joe Spak of UBS, “if you get the performance you need or want out of their(CATL/BYD) evolving (batteries), you know, technology, then why would like, even if there is a solid state solution, what becomes the advantage to move to that versus if the performance and costs are are similar?”
Siva talked about these companies not providing the data, and asking the question of what they are compromising to realize these results. But most importantly was Siva’s first response, “we are a different paradigm. We start at a different part in the s curve. Our job is to make sure we continue to push the frontier on the solid state battery, which is what makes us feel all the more convicted in our beliefs that we need to be there as soon as possible in high volume because we have a solution that the industry needs to replace internal combustion engines.”
QS batteries represent the beginning of a new S-curve – one that starts at a higher performance baseline (e.g. ~300 Wh/kg) where Li-ion is plateauing, and promises further improvements from there. The next question is: how might this solid-state technology evolve over the next 20 years, and how will its improvement curve compare to the Li-ion curve that preceded it?
“I think the reason all of our customers keep coming back to us (QS) is because none of these answers that they hear (from competitor battery developers) is satisfactory to them.” This suggests QS’s OEM partners are testing CATL & BYD batteries, but they’re not seeing the results, and they’re not buying into the competitor hype and are still hot for QS technology.
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