BYD/CATL/Tesla built empires on LFP patents invalidated (basically stolen) in China. Michel Armand, who enabled China's LFP boom via nanocoating tech, now leads polymer solid-state battery development at Basquevolt (Europe) with ironclad global patents. Chinese giants locked out of next-gen tech. Tesla pivots to robotaxis/robots, unable to compete. Ford allies with Renault/Ampere for access. Chinese battery valuations face severe correction if they can’t find an answer quickly on solid state.
Honda’s dividend yield is nearing 5%, prompting interest as the author observes markets and begins a position in JD Industrials. A video of Honda’s C-1 solid-state battery line highlights a focus on continuous manufacturing and roll-to-roll processes to reduce costs and dry-room requirements. As EV strategies shift toward cheaper vehicles, Honda may deploy solid-state batteries first in motorcycles—where it has strong market share—before scaling to cars.