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On the other hand, Hyundai has emerged as a surprise contender in the solid state battery race, quietly progressing in the background. Unlike competitors who have been vocal about their ambitions, Hyundai has reportedly been working towards pilot production of its own solid state batteries, with claims that these could offer up to ten times higher energy density compared to traditional lithium batteries. If validated, Hyundai's solid state battery could be transformational for the company and the EV market at large.