The path of solid-state battery industrialization is becoming clearer and clearer.
Nissan Motor announced a major plan for solid-state batteries
In early trading today, solid-state battery concept stocks took the lead, and Jin Longyu and Oriental Zirconium touched the price limit. Dangsheng Technology, Sanxiang New Materials, Jiangsu Guotai, Xinyu Ren, Tianqi Lithium, etc. followed suit.
On the news side, according to media reports, recently, Nissan Motor disclosed the scheduled setting site of its all-solid-state battery trial production line. Nissan has set aside approximately 10,000 square meters of space at its Yokohama Plant, which produces engines, to prepare for the construction of the equipment.
According to Nissan's announced plan, it will start production of all-solid-state batteries in March 2025 and aim to start mass production in FY2028. According to Nissan, the energy density of all-solid-state batteries is about twice that of conventional lithium-ion batteries. This means that electric vehicles equipped with all-solid-state batteries will have a longer range and greatly reduce the charging time, completely changing the experience of electric vehicle users in terms of range anxiety and charging efficiency, and further promoting the popularization and market competitiveness of pure electric vehicles.
Solid-state batteries are expected to grow explosively in the future
Under the guidance of the national "double carbon" policy, new energy vehicles have become an industry strongly supported by the state. The energy density and safety of batteries have become the top priority to achieve the sustainable development of new energy vehicles. Due to its advantages of high safety, good stability and high energy density, all-solid-state batteries have pioneered a series of problems such as short life, flammability and explosiveness in traditional organic electrolyte batteries, and have become the most concerned secondary battery system in the next generation.
As for the market size, according to the analysis and prediction of industry experts, the market size of all-solid-state lithium batteries will reach hundreds of billions or even trillions in the future. Specifically, by 2030, with the continuous maturity of all-solid-state lithium battery technology and the reduction of production costs, its penetration rate in the field of electric vehicles will increase significantly, and the market size is expected to usher in explosive growth.
According to the "White Paper on the Development of China's Solid-State Battery Industry (2024)" released by EVTank, it is expected that by 2030, the global solid-state battery shipment will reach 614.1GWh, and the penetration rate in the overall lithium battery is expected to be about 10%, and the market size will exceed 250 billion yuan.
At present, the research and development of all-solid-state lithium batteries is in full swing in China, and a number of scientific research institutions and enterprises have invested huge manpower and material resources to make a series of progress in material synthesis, battery design, and manufacturing process.
A-share companies revealed the progress of their layout
In the A-share market, a number of listed companies have made positive progress.
Mingguan New Material's aluminum-plastic film products are widely used in power lithium batteries, energy storage lithium batteries and 3C digital batteries, and have been successfully used in the packaging of solid-state lithium batteries.
The 9 series high-nickel products developed by Tianli Lithium Energy have completed small-scale and pilot tests in the leading companies of solid-state batteries, and have exerted good battery performance with solid-state and semi-solid-state battery systems, and the energy density of the battery pack is ≥ 400wh/kg.
At present, Jinlongyu has completed the preparation process verification of 10kg LATP solid electrolyte powder and slurry with an annual production capacity of 10 tons, and the semi-solid battery has completed the internal test project.
GEM has developed 3-4 micron size small particle size high BET solid-state battery precursor materials, which are currently being certified in many companies and are progressing smoothly, and a precursor product for solid-state batteries in the 9 series has achieved small batch mass production.
SAIC Motor and Qingtao Energy jointly developed solid-state batteries, and the Zhiji L6 equipped with a quasi-900V ultra-fast charging "light-year" solid-state battery was released on April 8.
TCI has a clear technical plan in semi-solid and solid-state batteries, and has a patent layout, of which some semi-solid electrolytes and oxide and sulfide all-solid electrolytes are in the small-scale to medium-scale stage.
According to data treasure statistics, as of the close of trading on April 17, solid-state battery concept stocks have fallen by an average of 7.85% this year, and Sanxiang New Materials, Dangsheng Technology, Jiangsu Guoxin, CATL, and GEM have accumulated gains in the top five. Sanxiang new materials cumulative increase of 46.5% in the first place, the company has carried out research in the field of chloride, oxychloride, oxide solid electrolyte materials and increased production and process improvement in its key raw materials, the company's production of zirconium materials have been verified by downstream solid-state battery customers.
In terms of valuation level, the rolling price-earnings ratio of 16 shares, including Jiangsu Guotai, Tianqi Lithium, SAIC, Dangsheng Technology, and Enjie, is less than 30 times. Jiangsu Guotai has a rolling P/E ratio of 8.41 times, ranking the lowest. According to the performance express report released by the company, the company's net profit in 2023 will be 1.579 billion yuan, a year-on-year decrease of 8.46%.
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Editor-in-charge: Zhou Sha
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Datatreasure
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