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Analysis: Hyundai's solid-state battery production date is a huge benchmark for the EV industry

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Hyundai 's latest solid-state battery technology set to begin production in March .

The South Korean automaker has been open about the rapid progress of its research and development right now.

Solid-state batteries are currently seen as the heroes of full vehicle electrification for several reasons, as the technology solves a number of problems that come with lithium-ion battery production and usage.

The range is the most important factor for consumers.

Hyundai is nearing the production and testing phase for its solid-state batteries, with preparations underway for an official launch.

The company has been finalizing its "Dream" battery production line, a crucial step before testing begins.

Key South Korean sources strongly indicate that Hyundai will hold an opening ceremony on March 9th at its battery research facility in Korea .