Zheng Quan Ri Bao Zhi Sheng·2025-07-23 13:09Core Insights - The company has received a development notification from Guangzhou Automobile Group for battery pack assembly, indicating a significant partnership and expected supply commencement within the year [1] - A major procurement agreement worth $1 billion has been signed with Autocraft for 350 units of E20eVTOL, marking the largest single eVTOL order in China to date, with the company as the exclusive supplier of the second-generation semi-solid eVTOL batteries [1] - The company is focusing on SPS (Super Pouch Solution) battery products and solid-state batteries as key strategic developments, aiming to leverage their performance and cost advantages to reshape the industry landscape [1][2] SPS Battery Production - The SPS battery system features an integrated design that reduces component count by 33% and improves volume utilization by 30% to 75% [2] - The SPS battery is compatible with various materials, including lithium iron phosphate, and has gained market recognition through partnerships with major clients like GAC, Geely, and Jiangling [2] - The company anticipates 2023 to be a pivotal year for large-scale shipments of SPS lithium iron phosphate batteries, enhancing economies of scale and cost efficiency [2] Solid-State Battery Development - The company is advancing its semi-solid battery production, with current output reaching GWh levels and costs only 5%-10% higher than liquid batteries, indicating strong market competitiveness [3] - A timeline for the commercialization of solid-state batteries has been established, with sample deliveries expected by August 2025 and mass production targeted for 2030 [3][4] - The company has established a competitive edge in the solid-state battery sector through years of experience in high-nickel ternary and pouch technologies, facilitating rapid product iteration [4][5]