Well based on market cap, Honda+GM is only 9.5% of Tesla's value at $1.127T. One would have to add up all other manufacturers from USA, South Korea, Japan, Germany, and China to get $1.16T. Solid state is possible, but the Ultium NCMA 8.9-0.5-0.5-0.1 modular architecture in the interim could be a solid step in the right direction. There are promising test results as compared to NCM 9-0.5-0.5 varieties.I continue to be amazed by Honda's reluctance to control their electrified future.
I get the feeling they're either paranoid of getting caught short with the wrong technology (still chasing solid state dreams). Or Honda simply see this whole electrification thing as a fad.