CATL claimed the largest market share with 28.7 GWh of installed capacity in November and 211.72 GWh of installed capacity in 2024.
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The program will last for four years, with a total lifecycle purchase value of about RMB 200 million ($28.1 million).
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BYD's chief scientist expects solid-state batteries to be widely used in 5 years, starting with high-end models, the first time a BYD executive has spoken publicly on the topic in the last few years.
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Nio's 150 kWh semi-solid state battery will become available to rent on a daily basis from June 1. Offers ranges of 1000 km.
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CATL's energy storage battery business generated revenue of RMB 59.9 billion in 2023, contributing 14.94 percent of the total.
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China already has 10 GWh of capacity for solid-state batteries, with more than 128 GWh planned for medium-term capacity, CITIC Securities said.
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Tesla began purchasing cathode coils from two second-tier Chinese battery makers in the second half of 2023 and shipping them to its Texas factory in the US to produce 4680 batteries, according to local media.
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The planned annual capacity of Zoolnasm's manufacturing facility includes 20 GWh of sodium-ion battery cells and 10 GWh of sodium-ion battery systems.
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SAIC Motor and battery startup, Qingtao, plan to set up a joint venture (JV) that will specialize in development of solid state batteries (SSB) for all SAIC Motor electric vehicles by 2025, the startup announced.
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The CESI tested densities showed why the government’s policies set the first steps for sodium in energy storage, LSEVs and low end EVs. Despite density being much lower compared to LFP’s 150Wh/kg, when compared to lead acid batteries’ 30-50Wh/kg range, sodium comes up as a sure winner.
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