Latest market news

Chinese EV producers step up solid-state battery plans

  • : Battery materials, Metals
  • 24/05/27

Major Chinese auto manufacturers aim to launch mass production of solid-state batteries for electric vehicles (EVs) in the coming years.

State-owned SAIC plans to deploy full solid-state batteries in its own EV brands from 2025 and start mass production in 2026. The battery will have an energy density of over 400Wh/kg. This can support at least 1,000km of driving range, according to industry forecasts.

SAIC produced nearly 290,000 new energy vehicles during January-April, accounting for 22pc of its total vehicle production, up by 32pc from a year earlier. It is also China's largest EV exporter.

GAC Group has also outlined a plan to deploy full solid-state batteries with its Hyber EV brand in 2026. The battery has an energy density of 400Wh/kg that can support more than 1,000km of driving range.

Domestic EV producer Nio in last June tested a solid-state battery with a 360Wh/kg energy density and a 1,044km driving range. IM Motors, in which SAIC holds a stake, in April unveiled a plan to launch its IM L6 EV model with an ultra-fast charging solid-state battery with 130kWh of power and support up to 1,000km of driving range with a 900V ultra-fast charging capacity.

Chinese EV and battery manufacturers have accelerated their development of solid-state batteries in an effort to make up for the shortcomings of dominant ternary and lithium iron phosphate batteries, such as erratic safety performance or limited driving range. Solid-state batteries with a longer life, smaller size and safer performance are considered the main development direction for the next generation of power batteries in a rapidly developing global EV industry.

But there are several challenges restricting mass production of solid-state batteries, particularly significantly higher manufacturing costs, which could complicate Chinese EV manufacturers' production targets.


Related news posts

Argus illuminates the markets by putting a lens on the areas that matter most to you. The market news and commentary we publish reveals vital insights that enable you to make stronger, well-informed decisions. Explore a selection of news stories related to this one.

Business intelligence reports

Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.

Learn more