Zhong Guo Zheng Quan Bao·2025-11-25 20:27Core Viewpoint - The Chinese power battery industry is entering the "TWh era" with a projected shipment volume exceeding 1 TWh by 2025, indicating significant growth potential over the next decade [1] Industry Development - The power battery industry in China has made remarkable progress, with innovations in material systems leading to breakthroughs in high-capacity cathodes, high-pressure anodes, high-performance separators, and new electrolytes [1] - The installed capacity of power batteries in China surged from 63.6 GWh in 2020 to 548.8 GWh in 2024, with 493.9 GWh achieved in the first three quarters of 2025 [1] - The energy density of mass-produced battery cells has improved by 10%, and fast-charging technology has reduced charging times by over 20 minutes [1] Technological Advancements - Significant advancements in battery technology have been reported, including a 30% reduction in the cost of battery cells and an average driving range of nearly 500 kilometers for pure electric passenger vehicles [2] - Solid-state battery research has made key progress, with some companies completing small-scale testing and vehicle integration [2] - Sodium-ion batteries are being commercialized for applications in energy storage and low-speed electric vehicles [2] Diverse Technological Pathways - Multiple technological pathways are emerging, with companies like CATL launching sodium-ion batteries and solid-state batteries moving towards commercial production [2] - By 2035, global lithium battery shipments are expected to reach 10 TWh, with solid-state batteries projected to have a penetration rate of 5%-10% [2] - Solid-state batteries are not expected to significantly disrupt the established supply chain of liquid lithium batteries in the near term [2] Challenges and Future Directions - Full commercialization of solid-state batteries faces challenges such as low ionic conductivity of solid electrolytes and stability at solid-solid interfaces [3] - The potential of liquid lithium batteries remains untapped, with companies like Guoxuan High-Tech continuing to focus on their development [3] - To enhance the competitiveness of the power battery industry, there is a need for collaborative innovation in technology and materials, as well as a focus on resource recycling and reducing dependence on foreign mineral resources [3]