Wiz CEO Turns Down $23B Google Offer, Eyes $100B Valuation
Wiz CEO Assaf Rappaport reveals he rejected a $23B acquisition offer from Google, betting on a $100B valuation for his cloud security startup.
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Honda has taken a significant step towards making electric vehicles more accessible and efficient by unveiling a life-sized demonstration factory for solid-state batteries in Japan.The new 27,000 square-meter facility, located in Sakura City, outlines Honda's production plan to build energy-dense solid-state batteries at lower costs. The technology replaces liquid electrolytes with dry conductive materials, promising higher energy density and longer lifespans.Honda's plan includes using a continuous inline mixer that is "three times faster" than typical cell batch processing, with the goal of making batteries on this line in January. The company aims to ready its solid-state tech for mass production in the second half of the 2020s, which could be crucial to unlocking higher-range, longer-lasting electric vehicles for the future.Honda's CEO, Toshihiro Mibe, has hinted that solid-state batteries will also be the key to unlocking cheaper EVs. The company is also working on other EV-related projects, including the Prologue SUV and a larger SUV set for release in 2025.
The new 27,000 square-meter facility, located in Sakura City, outlines Honda's production plan to build energy-dense solid-state batteries at lower costs. The technology replaces liquid electrolytes with dry conductive materials, promising higher energy density and longer lifespans.
Honda's plan includes using a continuous inline mixer that is "three times faster" than typical cell batch processing, with the goal of making batteries on this line in January. The company aims to ready its solid-state tech for mass production in the second half of the 2020s, which could be crucial to unlocking higher-range, longer-lasting electric vehicles for the future.
Honda's CEO, Toshihiro Mibe, has hinted that solid-state batteries will also be the key to unlocking cheaper EVs. The company is also working on other EV-related projects, including the Prologue SUV and a larger SUV set for release in 2025.
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