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As early 2018, the Renault-Nissan-Mitsubishi alliance set up a $1 billion venture capital fund, the first to invest in Ionic Materials's cobalt-free solid-state battery research and development.
In March 2018, Toyota and Renault-Nissan-Mitsubishi each said they planned to launch electric vehicles with solid-state batteries between 2022 and 2025.
At present, mainstream automakers and battery companies, including Renault, are scrambling to lay out solid-state batteries, such as Volkswagen announcing that it will produce solid-state batteries by 2025; new car-making forces such as Skyline, Weilai and Aichi are partnering with solid-state battery companies to complete solid-state battery loading as soon as possible.
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