TLDR:
Industry experts are urging Chinese battery companies to embrace next-generation solid-state battery technology in order to maintain their competitiveness in the global electric vehicle (EV) market. Currently, China leads in power batteries but faces the risk of being left behind by technologically advanced countries that are investing in solid-state battery technology. Solid-state batteries, which use solid electrodes and offer higher energy density and safety compared to lithium-ion batteries, are seen as the most promising next-generation battery technology. Japan, South Korea, Europe, and the United States are already accelerating research and development in this field. Chinese battery companies are advised to increase their investment in research and development of solid-state batteries in order to stay ahead. According to a report, by 2025, solid-state batteries will have a global penetration rate of approximately 1.7% and shipments will reach 38 gigawatt-hours globally. Chinese companies currently lag behind in terms of related patents in the field, with Japan leading the way. Therefore, experts recommend that China establish a collaborative innovation platform to jointly drive breakthroughs in solid-state battery technology.
Key Elements:
- Industry experts are urging Chinese battery companies to embrace next-generation solid-state battery technology to maintain competitiveness in the EV market.
- China currently leads in power batteries, but solid-state battery technology is seen as the most promising next-generation battery technology globally.
- Japan, South Korea, Europe, and the United States are accelerating research and development in solid-state batteries.
- Chinese companies are advised to increase investment in research and development of solid-state batteries.
- By 2025, solid-state batteries are expected to have a global penetration rate of 1.7% and shipments of 38 gigawatt-hours.
- China should establish a collaborative innovation platform to drive breakthroughs in solid-state battery technology.
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