company news about Solid State Battery Industry Chain

Solid state batteries are battery products with solid or semi-solid electrolytes. Compared to the current mainstream liquid lithium batteries, the core advantages of their material system are higher energy density and safety (non flammable electrolyte). If solid-state batteries are used as power batteries, they can effectively meet the needs of long-term endurance and high safety for new energy vehicles. But currently, the technology of all solid state batteries is not yet mature, and related products have problems such as short lifespan and poor rate performance; Semi solid state batteries, as transitional products, may be the first to receive mass commercial promotion and application. In addition, solid-state batteries have potential application opportunities in consumer electronics, energy storage, civil aircraft and other fields, and many companies in the industry chain are accelerating the layout and development of various application scenarios.

In the field of new energy vehicles, SAIC and NIO in China are expected to mass produce semi-solid battery models in 2024, while Changan and GAC also plan to launch semi-solid battery models from 2025 to 2026; Overseas Toyota, Honda, Hyundai, Mercedes Benz, and others are focusing on laying out all solid state batteries, with many plans to mass produce related models from 2025 to 2030. We expect the global demand for solid-state batteries (including semi-solid batteries) to be 2.3GWh in 2024, and the global demand for solid-state batteries is expected to reach 220GWh by 2030. The average annual compound growth rate from 2024 to 2030 will reach 114%. We expect the global market space for solid-state batteries (including semi-solid batteries) to be 1.95 billion yuan in 2024, and the market space is expected to reach 116.23 billion yuan by 2030. The average compound annual growth rate from 2024 to 2030 is 98%.

In the field of materials, solid-state battery electrolytes will use systems such as oxides, sulfides, and polymers to replace traditional electrolytes; The positive electrode will be equipped with high-energy density materials such as ultra-high nickel ternary or lithium rich manganese base, and the negative electrode will also use silicon materials or lithium metal negative electrodes. At the same time, the amount of highly conductive carbon nanotubes is expected to increase. From the perspective of enterprise layout, a number of leading enterprises have emerged in the electrolyte field, such as Tianmu Pioneer, Qingtao Energy, Ganfeng Lithium, and Betray; Traditional leaders such as Rongbai Technology, Dangsheng Technology, Putai Lai, and Betray are also accelerating their expansion and layout. In the field of batteries, traditional advantageous lithium battery companies such as CATL, Yiwei Lithium Energy, and Zhongchuangxin Aviation actively participate. At the same time, emerging companies such as Weilan New Energy, Qingtao Energy, and Huineng Technology have also been deeply involved in solid-state batteries for a long time and actively promote product mass production.