Solid-State Battery Industry Growth: R&D Advances and Commercialization Efforts in China
Recent developments in the solid-state battery industry include Sunstone Development and TONZE indicating their sulphide projects are in R&D; QingTao's Wuhai project, with a 2 billion yuan investment, has released its EIA notice, and a 3.5 GWh production line in Taizhou has commenced operations. Suzuki Motor has agreed to acquire Kanadevia's all-solid-state battery business, while Yaoshi Lithium Battery completed a 200 million yuan Series A financing.
Additionally, CORNEX New Energy filed for solid-state production lines in Yichang and Xiaogan, and proposals for national standards for solid-state batteries were put forward. SMM forecasts solid-state battery shipments to reach 13.5 GWh by 2028.
