India, July 31 -- Solid-state batteries, hailed as the "dream battery" for their combination of high energy density and superior safety, are rapidly transitioning from concept to commercial reality thanks to recent technological breakthroughs and industrial progress. TrendForce reports that nearly 100 companies worldwide are racing to commercialize solid-state batteries, with the majority focusing on sulfide-based solid electrolytes.

Automakers including Toyota, Mercedes-Benz, BMW, Chery, and Stellantis have already begun vehicle integration testing of solid-state batteries. With strong backing from industry and capital markets, key regions such as Japan, South Korea, and China are accelerating the development of solid-state battery supp...