In a bid to develop new variational quantum eigensolver (VQE) algorithms to study lithium compounds and their chemical reactions in battery chemistry, IonQ, a leader in trapped-ion quantum computing, and Hyundai Motor Company announced a partnership.
The partnership pairs IonQ’s expertise in quantum computing and Hyundai’s expertise in lithium batteries. Together, the teams are creating the most advanced battery chemistry model yet developed on quantum computers, measured by the number of qubits and quantum gates.
Quantum-powered chemistry simulation is expected to significantly enhance the quality of next-generation lithium batteries by improving the devices’ charge and discharge cycles and their durability, capacity, and safety.
IonQ and Hyundai are laying the foundation to create better quality batteries by simulating and controlling their chemical reactions more precisely. This research has the potential to lead to new types of source material that save time, cost, and effort in the years to come — a critical advancement as batteries are typically the most expensive component of an electric vehicle (EV).
TaeWon Lim, Executive Vice President and Head of Materials Research & Engineering Center, Hyundai Motor Group, said, “This creative collaboration with IonQ is expected to provide innovation in developing basic materials in virtual space for various parts of the future mobility. We’re excited to step into the upcoming quantum era and take advantage of the opportunities that await with more effective battery power.”
The collaboration is a crucial component of Hyundai’s Strategy 2025 goals, including the sale of 560,000 EVs per year and the introduction of more than 12 battery electric vehicle (BEV) models to consumers. Moreover, the partnership is also an important milestone for combating climate change as EVs play a critical role in meeting global sustainability targets.
Peter Chapman, President and CEO, IonQ, said, “Battery efficiency is one of the most promising emerging areas where quantum computing can make a difference. We are thrilled to be working with Hyundai Motor Company on this project to make EVs a primary mode of transportation across the globe.”