TOKYO — Apex Motors today detailed plans to invest $5B in building a manufacturing plant dedicated to solid-state battery technology. The new facility, located in central Japan, is expected to start operations in 2028.

Solid-state batteries are widely seen as the next frontier for electric vehicles.

Battery Technology Advantages 1. **Higher Energy Density**: Provides up to double the range of traditional lithium-ion packs within the same physical dimensions. 2. **Rapid Charging**: Capable of recharging from 10% to 80% capacity in under 8 minutes. 3. **Enhanced Safety**: Eliminates liquid electrolytes, minimizing fire risks during impacts or overcharging cycles.

'Solid-state batteries will revolutionize electric transport,' the President of Apex Motors stated. 'Our new factory ensures that we maintain a leadership position in battery tech, delivering superior performance for drivers.' The plant will create over 2,000 engineering and manufacturing jobs.