China's semi-solid battery market demand is gradually growing new energy vehicles as the main application areas

Semi-solid batteries are mainly used in the field of new energy vehicles, and their market development has a certain relevance to the new energy vehicle market.

Semi-solid battery is a new type of battery in which one electrode does not contain liquid electrolyte and the other electrode contains liquid electrolyte. As a new type of battery, semi-solid battery combines the features of liquid battery and solid state battery, which has the features of solid state battery such as high temperature resistance, good safety, fast charging speed, wide operating temperature range, etc., and also has the features of high energy density of liquid battery.

At present, China's semi-solid state battery industry chain has been basically formed. The upper reaches of the industry chain are mainly for the raw material industry, providing binder, semi-solid electrolyte, anode materials, anode materials and other raw materials; the middle reaches are mainly for the semi-solid battery production industry, responsible for the research and development of semi-solid batteries, production and other links; the lower reaches are mainly for the application field, semi-solid batteries are mostly used in new energy vehicles, energy storage, consumer electronics and other fields.

Semi-solid batteries are mainly used in the field of new energy vehicles, its market development and new energy vehicle market has a certain relevance. With the gradual progress of production technology, the performance of new energy vehicles has been greatly improved, the public's acceptance of new energy vehicles has gradually increased, and the market demand continues to grow. Under the support of national policies, charging piles, power stations and other new energy vehicle supporting facilities are gradually improved, and the market demand for new energy vehicles is further increased. In this context, China's new energy vehicle production and sales have increased.

According to the data released by China Association of Automobile Manufacturers, in 2023, the production and sales of new energy vehicles in China reached 9.587 million and 9.495 million respectively, with a year-on-year growth of 35.80% and 37.90% respectively. The rapid development of the new energy vehicle market has led to the growth of semi-solid state battery market demand.

According to the “2024-2029 China Semi-Solid Battery Industry Market Depth Research and Development Prospect Forecast Report” released by Xinsiye Industry Research Center, with the continuous progress of battery technology, semi-solid batteries can effectively improve the safety performance and range of new energy vehicles. Driven by downstream market demand, the development of China's semi-solid battery industry has further accelerated, and market demand has gradually increased. It is expected that by 2026, China's semi-solid battery market demand will reach 24GWh.

Semi-solid state battery market in the number of enterprises, the market competition is relatively intense. At present, China has realized the mass production of semi-solid state battery enterprises are mainly Weilan new energy, Guoxuan Gaoke, Ganfeng lithium industry, Fu can science and technology, too blue new energy, Qingtao energy and so on. In recent years, China's semi-solid battery enterprises rapid development, R & D capability and innovation capacity continues to improve, production technology level gradually progress.

Xinsiye industry analysts said that at this stage, China's semi-solid battery companies continue to increase R & D investment, and actively develop semi-solid power battery, industrialization has made significant progress. For example, Weilan Technology provides semi-solid state battery cells for Azure; Ganfeng Lithium provides semi-solid state batteries for Lantu Chasing Light, Dongfeng Fengshen and other automobiles; Guoxuan Gaoke develops semi-solid state batteries with a monomer energy density of 360Wh/kg, and so on.