Core Viewpoint - Maxell Ltd. has announced the cessation of square lithium-ion battery production and the dissolution of its Chinese subsidiary, Wuxi Maxell Energy Co., Ltd., to focus on solid-state battery development [1][3]. Group 1: Company Strategy - Maxell will concentrate its resources on solid-state batteries, having already made significant progress in this area with the production of ceramic-packaged solid-state batteries [3][4]. - The company plans to invest 10 billion yen in solid-state battery technology by 2030, aiming for sales of 30 billion yen from this segment alone [5]. Group 2: Product Development - In June 2023, Maxell began mass production of a solid-state battery with an 8mAh capacity for industrial backup power [3]. - A new solid-state battery product, capable of withstanding temperatures up to 125 degrees Celsius and with a capacity 25 times greater than the earlier model, has been developed, reaching 200mAh [5]. - Maxell aims to achieve a prototype with an energy density breakthrough of 400Wh/kg by 2026, in collaboration with Kyoto University [6]. Group 3: Future Production Plans - Mass production of solid-state batteries for industrial applications is expected to commence as early as the 2026 fiscal year, with new production lines being established in Kyoto [6].