The Battery That Just Beat Toyota. What It Means for Silver.

The article argues that a recent April 14 breakthrough — Greater Bay Technology (GBT) rolling A-sample all‑solid‑state battery cells into production — accelerates the timeline for solid‑state EV commercialization and therefore materially increases prospective silver demand. Using Samsung SDI’s Ag‑C anode as a benchmark (≈1 kg silver per 100 kWh / ~750 g per 75 kWh EV), solid‑state could raise silver per vehicle 15x–30x versus current liquid lithium‑ion. The author highlights three parallel catalysts (Tesla Cybercab volume production and 358,023 Q1 BEV deliveries, Joby‑Uber eVTOL Dubai launch, and an accelerating Starlink satellite build) that together compress demand timelines across autos, air taxis and space. The market, trading XAGUSD around $80 (~34% below its Jan ATH), has not fully priced this structural demand acceleration, implying a bullish medium‑to‑longer‑term outlook for silver.