Maxell Ltd. has outlined its medium-term management plan, “MEX26”, aimed at accelerating the development of all-solid-state batteries. These high-capacity batteries, capable of performing under a wide range of temperatures without leakage, mark a significant step towards sustainable power sources. With the ambition of mass-producing medium-sized all-solid-state batteries by 2027, Maxell hopes to use this technology in various market sectors, including automotive devices and harsh environment monitoring.
- Maxell is accelerating the development of all-solid-state batteries at the core of its new business.
- Maxell’s all-solid-state batteries can have a battery life of up to 20 years, and can operate at a wide range of temperatures without the risk of leakage, aiming to contribute to a sustainable society.
- Maxell is investing in next-generation technologies:”Mobility”, “ICT/AI”, and “Human/Social Infrastructure”.
Maxell’s Leap Forward in Battery Technology
Maxell, the electronics giant with a history rooted in maximum capacity dry cell manufacturing, has unveiled its new medium-term management plan, “MEX26” (Maximum Excellence 2026). The central theme of this ambitious blueprint is the acceleration of all-solid-state battery development.
Maxell’s unique Analog Core Technologies have propelled the company to the forefront of technological innovation. The manufacturer’s abilities in mixing and dispersion, fine coating, and high precision moulding and forming are all significant contributors to its success.
Strategic Investment for Growth
The Maxell MEX26 plan aims to boost profitability and capital efficiency while fostering sales and profit growth through strategic investments in burgeoning sectors. One key area of focus is the production of all-solid-state batteries. Maxell achieved a significant milestone by mass-producing the world’s first small-sized sulfide-based all-solid-state battery in June 2023.
The Promise of All-Solid-State Batteries
The company’s all-solid-state batteries boast a high degree of reliability, with a battery life of up to 20 years. These batteries can function efficiently across a wide temperature range without the risk of leakage. The commercialisation of medium-sized all-solid-state batteries with such features and high capacity could meet the demands of various market sectors, including automotive devices and monitoring in harsh environments.
Targeting Significant Sales
Maxell is eyeing sales of around 30 billion yen with its all-solid-state battery business by the end of 2030. The company plans to make sequential investments in the development of next-generation technologies and commercialise medium-sized all-solid-state batteries.
Final Thoughts
Maxell’s commitment to accelerating the development of all-solid-state batteries is a significant step towards a sustainable future. This move aligns with the global push towards cleaner energy sources and could potentially revolutionise various sectors, from automotive to harsh environment monitoring. Through MEX26, Maxell is not only cementing its place as a leader in technological innovation but also contributing to the broader societal goal of sustainability. The company’s future certainly looks electrifying, and the world will be watching.
FAQ
Q: What is Maxell Ltd.’s new medium-term management plan and its focus?
A: Maxell Ltd.’s new medium-term management plan is “MEX26” (Maximum Excellence 2026), which aims to accelerate the development of all-solid-state batteries as the core of a new business towards 2027.
Q: What are Maxell’s unique Analog Core Technologies?
A: Maxell’s unique Analog Core Technologies include mixing and dispersion; fine coating; and high precision molding and forming, driving technological innovation in various fields.
Q: What are the key features of Maxell’s all-solid-state batteries?
A: Maxell’s all-solid-state batteries are highly reliable with a battery life of up to 20 years, capable of operating in a wide range of temperatures without risk of leakage.
Q: In which areas does Maxell aim to strengthen its products and focus its growth businesses?
A: Maxell aims to strengthen products in the areas of “Mobility”, “ICT/AI”, and “Human/Social Infrastructure”, with growth businesses including heat-resistant coin-type lithium batteries, coated separators, and primary batteries for medical devices.
Q: How does Maxell plan to enhance relationships with global customers?
A: Maxell plans to strengthen the technical sales team to enhance relationships with global customers in the Americas, Europe, and Asia.
