Core Viewpoint - The article discusses the evolution and advantages of oxide electrolytes in solid-liquid batteries, highlighting their commercial viability and potential to replace traditional liquid batteries in the future [11][83]. Group 1: Evolution of Oxide Electrolytes - Oxide electrolytes have a history of over 60 years, being the earliest solid-state electrolytes discovered [11]. - Initial discoveries in the 1960s showed that certain refractory materials could exhibit conductivity under specific conditions, leading to the exploration of oxides as battery electrolytes [11][12]. - The development of lithium oxides in the 1990s marked a significant shift in research focus, resulting in various oxide electrolyte types [15][16]. - Lithium lanthanum titanate (LLTO) was synthesized in 1987, demonstrating a significant improvement in conductivity compared to earlier oxides [22][23]. - LLTO has been successfully used in commercial applications, such as in the NIO ET7 and Zhiji L6 vehicles [33]. Group 2: Advantages of Oxide Electrolytes - Oxide electrolytes are more compatible with liquid electrolytes compared to sulfide and polymer electrolytes, which enhances their performance in solid-liquid batteries [47][49]. - They exhibit high stability and can withstand high temperatures (up to 800°C) without degradation, making them safer and more reliable [59][63]. - The production process for oxide electrolytes is less complex and requires lower investment compared to sulfide electrolytes, leading to lower costs and easier scalability [67][69]. - The cost of oxide solid-liquid batteries is currently only 5-10% higher than that of liquid batteries, with potential for further cost reductions [69]. Group 3: Challenges and Future Prospects - While oxide electrolytes excel in solid-liquid batteries, they face challenges in full solid-state battery applications due to interface issues [75][78]. - Research is ongoing to combine oxide and polymer electrolytes to create composite solid-state electrolytes that can leverage the strengths of both materials [82]. - The future of solid-liquid batteries depends on overcoming the conductivity limitations of oxide electrolytes to enhance fast-charging capabilities [85][86].

一、中试线样品测试进展 1. 测试主体与进程 参与工信部 60 亿元 ASSB 补贴项目的企业（硫化物路线：宁德时代、比亚迪、吉利、一汽；聚 合物路线：上汽清陶、卫蓝）已在 11 月 7 日向中汽研提交中试线样品（60Ah 级别，对标 2027 年车载应用），原计划 9-10 月启动测试，因吉利、一汽样品交付延迟，整体推迟至 11 月。 最终测试结果预计 2026 年 2-3 月出炉，暂不对外公开。 2.测试指标与现状 ...

"发展自动驾驶"、"布局飞行汽车"、"推动汽车智能化、电动化"……近日，多省市纷纷出炉"十五五"规划建议，尽管各自立足不同的实际情况， 但其中的共同点之一，是均把汽车产业作为未来五年的发展重点，作出布局。 纷纷盯上汽车行业 布局汽车产业，重视汽车消费，成为各地未来五年共同追求的目标。 有关专家表示，全球汽车产业正经历着百年未有之大变局，而汽车智能化、电动化无疑是这场变革的核心驱动力。2025年，我国新能源乘用车零售的市 场渗透率达到59.3%，较去年同期提升7个百分点。这一数据不仅彰显了我国在新能源汽车领域的蓬勃发展态势，更意味着我国在新能源汽车位居世界领 先，而各地将汽车产业尤其是新能源汽车视为未来五年实现"换道超车"的关键抓手，正是因为新能源汽车产业既是朝阳产业，也是发展新质生产力的重要着 力点。 同时，各省市"十五五"规划建议中频繁出现的"固态电池"、"车网互动（V2G）"、"自动驾驶"等前沿技术方向，无一不指向汽车电动化与智能化融合的 未来赛道。固态电池被视为下一代电动汽车电池的理想选择，具有高能量密度、高安全性和长寿命等优势，一旦实现大规模商业化应用，将彻底改变电动汽 车的性能与市场格局。车网互动（ ...

Market Overview - The overall market sentiment is cautiously optimistic, with a focus on the financial sector showing signs of recovery, particularly with major indices rebounding above key levels [1][39] - The current price-to-earnings (PE) ratio for the market is 22.92 times, with a significant stock-bond yield spread of 2.52%, indicating favorable conditions for equity investments [4][42] Sector Performance - The top-performing sectors last week included non-ferrous metals, oil and petrochemicals, and national defense and military industry, while media entertainment, household goods, and real estate saw declines [14][52] - The aerospace and Fujian sectors demonstrated sustained performance, while other sectors experienced rotation, indicating increased operational difficulty in the short term [2][40] Investment Strategies - Short-term strategies should focus on sectors highlighted in the 14th Five-Year Plan, such as controllable nuclear fusion, quantum technology, and commercial aerospace, with a recommendation to maintain trading discipline [2][40] - The long-term outlook remains bullish, with the expectation of a gradual recovery in the market, particularly in sectors with structural opportunities like consumer electronics and AI [9][47] Bond Market Insights - The bond market is currently experiencing low volatility, with the 10-year government bond yield at 1.85%, indicating a stable interest rate environment [11][49] - The yield curve is expected to remain stable unless influenced by significant policy changes or international events [11][49] Emerging Industry Opportunities - The marine economy is gaining attention, with government reports emphasizing the development of deep-sea technology, which is expected to drive growth in related sectors [16][19] - Solid-state batteries are projected to see significant advancements, with energy density potentially exceeding 500Wh/kg, positioning them as a key technology in the future of energy storage [23][28] - The humanoid robotics sector is poised for growth, with increasing demand expected to exceed 100 million units domestically, creating substantial market opportunities for related components [32][35]

国投证券认为，目前硫磺供给侧更大的变量在于俄罗斯炼厂遭遇的不可抗力。俄罗斯为世界第二大硫磺 生产国，硫磺年产量约560万吨，且多数用于出口。但伴随俄乌战争演变为持续数年的持久战，俄罗斯 硫磺出口量已从2019年的390万吨骤降至2024年的104万吨。 2025年以来，俄罗斯38家最大炼油厂中至少21家遭乌克兰无人机袭击，据中联金，4季度预计影响俄罗 斯100万吨硫磺供应，俄罗斯已事实上从硫磺净出口国变为净进口国，影响硫磺供应的持续长度或超预 期，预计到2026年上半年硫磺供给仍难以恢复。 需求端方面，2025年1-9月我国磷酸铁锂产量已达到266万吨，全年产量或超360万吨，预计对应106万吨 新增硫磺需求。中联金预计2026年印尼将有约65.8万吨MHP（氢氧化镍钴）新产能集中投产，对应硫磺 需求增量658万吨，将进一步加剧供应紧张态势。 据智通财经12月7日报道，从去年下半年到现在，硫磺价格从不到1000元/吨涨至逾4000元/吨，当前仍 处于上涨趋势中，下游没有自供能力的磷肥企业压力山大，中小产能纷纷减产、退出。 粤桂股份：公司主要产品包括硫铁矿矿石（硫精矿、 -3mm 矿、 块矿、 手选矿） 、硫酸 ...

倒计时12天 2025（第十届）起点锂电行业年会暨锂电金鼎奖颁奖典礼 &起点研究十周年庆典 2025起点用户侧储能及电池技术论坛 活动主题： 新周期 新技术 新生态 活动时间： 2025年12月18-19日 活动地址： 深圳市维纳斯皇家酒店（深圳国际会展中心京基百纳店）三楼维纳斯厅（深圳市宝安区沙井 镇沙井路118号） 主办单位： 起点锂电、起点固态电池、起点储能、起点研究院SPIR 活动规模： 线下1200+，在线直播观看30000+ 第一批赞助及演讲单位： 海辰储能/融捷能源/瑞浦兰钧/逸飞激光/鹏辉能源/新能安/多氟多/远东电池/ 国轩吉泰 美 /诺达智慧/创明新能源/德赛电池/陀普科技/蓝京新能源/北测新能源/亿鑫丰/达力智能/金 力股份/苏州莫洛奇/先导智能/尚太科技/超业精密/科迈罗/东唐智能/贤辰智享/爱签/中天和/和明机械/ 信瑞新能源/亿纬锂能/派能科技/移族/新日股份/弘正储能/亮见钠电/易事特/清陶云能/小鲁锂电/仲恺 高新区/信宇人/奥鸿智能/星恒电源等 赣锋锂业、赣锋锂电同频回暖，开始新一轮增长期。 起点锂电获悉，近日， 兴业银行南昌分行 、 兴银金融完成了对赣锋锂电的 10 亿元人 ...

Core Viewpoint - The article highlights the significant advancements and market positioning of Funeng Technology in the lithium battery sector, particularly with its new SPS lithium iron phosphate battery solution, which is expected to drive substantial growth and market share in the coming years [2][3][5]. Group 1: Event Information - The 2025 (10th) Starting Point Lithium Battery Industry Annual Conference and Lithium Battery Golden Ding Award Ceremony will take place on December 18-19, 2025, at the Venus Royal Hotel in Shenzhen, with an expected attendance of over 1,200 in-person participants and 30,000 online viewers [2]. - The event is organized by Starting Point Lithium Battery, Starting Point Solid-State Battery, Starting Point Energy Storage, and Starting Point Research Institute (SPIR) [2]. Group 2: Funeng Technology's Developments - Funeng Technology has secured a significant order for its SPS lithium iron phosphate battery system, with a total order volume exceeding 10 GWh, which surpasses its total overseas power market installations from January to August 2023 [6][7]. - The SPS battery solution integrates four innovative technologies, providing advantages such as long endurance, fast charging, high safety, cost reduction, and adaptability [3]. - Funeng Technology's overseas power battery installation reached 6.4 GWh from January to August 2023, marking a 42% year-on-year increase, with a market share of 2.2%, ranking seventh among Chinese companies [7]. Group 3: Future Prospects - 2025 is projected to be a pivotal year for Funeng Technology, marking the large-scale shipment of its SPS lithium iron phosphate batteries while expanding its customer base and market reach [7]. - The company is also advancing in semi-solid and solid-state battery technologies, with plans for mass production of its third-generation solid-state battery by 2027, aiming for an energy density exceeding 500 Wh/kg [8][9].

Core Viewpoint - Tian Tie Technology has successfully completed a capital increase of 300 million RMB in Xin Jie Energy, marking a significant step in its strategic entry into the solid-state battery sector [1][3]. Group 1: Investment and Partnerships - Tian Tie Technology's wholly-owned subsidiary has established a partnership to invest in Xin Jie Energy, acquiring a 5.7692% stake [1]. - The partnership includes state-owned entities, providing stable financial support and demonstrating government confidence in the solid-state battery industry [1]. - Previous collaborations between Tian Tie Technology and Xin Jie Energy include a strategic cooperation agreement for long-term supply of lithium metal anode materials [2]. Group 2: Industry Context and Market Demand - The solid-state battery market is experiencing rapid growth, driven by increasing demand in sectors such as electric vehicles, consumer electronics, and low-altitude economy [4]. - Solid-state batteries are recognized for their high energy density, safety, and long cycle life, making them a promising next-generation battery technology [3]. - The recent policy from the Ministry of Industry and Information Technology supports the development of smart connected new energy vehicles and consumer electronics, aligning with Tian Tie Technology's investment strategy [2][3]. Group 3: Technological Advancements - The 300 million RMB investment will be directed towards the construction of a 2 GWh solid-state battery production base, focusing on high-potential markets such as eVTOL and robotics [3]. - Tian Tie Technology's Anhui factory is set to begin trial production of lithium metal, with plans for an annual output of 3,000 tons, enhancing its supply chain for solid-state battery materials [4]. - The collaboration with Xin Jie Energy aims to create a synergistic closed-loop system, leveraging both companies' strengths in solid-state battery technology and lithium metal supply [5].

4. 何俊男（太蓝新能源） 技术路线：聚焦 锂金属负极+氧化物电解质 ，能量密度达 450–550 Wh/kg ，具备航空级安全性。 产业化进展： 2023年建成首条450 Wh/kg中试线，2025年12月初将完成 2GWh产线 投产。 客户认证：已通过头部企业（如"一航"）测试，并在无人机、机器人等领域实现批量交付。 应用案例： 低空经济：某型号飞行器续航从23分钟提升至48分钟（未来目标≥1小时）。 机器人：解决能量密度痛点，助力马拉松比赛等场景减少换电频率。 环保优势：锂金属负极易于回收，减少污染。 技术布局：覆盖 液态、固液（半固态）、全固态 三大电解质体系，主打 安全性 与材料创新。 固液电池：结合氧化物电解质+原位聚合技术，提升电性能与安全性。 全固态：布局硫化物/卤化物、氧化物/聚合物复合路线，兼顾离子电导率与成本。 政策与行业预测： 预计2026年固液电池大规模量产，2030年全固态电池小规模量产，长期渗透率或超80%。 公司实力： 专利252项（发明专利196项），B轮融资3.6亿元，产能规划：氧化物电解质2028年达1万吨，硫化物2026年达1000吨。 技术原理：通过 聚合物单体聚合形 ...

【DT新材料】 获悉 ，11月28日， 恩力动力 宣布，公司近日完成B+轮融资，融资金额为数亿元。本轮融资中，北京市绿色能源和低碳产业投资基金、北京市新 材料产业投资基金作为战略投资方参与，老股东绿动资本继续加持。资金将主要用于固态电池研发、市场拓展及产业扩张。 恩力动力自成立以来，专注固态电池技术研发与产业化，采用"半固态-准固态-全固态"的阶段性发展路径，逐步解决界面阻抗和材料稳定性问题。 目前，半固态电池能量密度为300-400Wh/kg并实现量产，锂金属准固态电池产品能量密度为400-520Wh/kg，已在工业无人机、eVTOL、机器人、高端电摩等场景 中应用；全固态电池处于中试开发和量产转化阶段。 技术方面， 公司聚焦硫化物固态电解质路线 ，开发出3.5Ah至100Ah多规格软包电池，能量密度270-600Wh/kg，可在-40℃至100℃环境下运行，应用于无人机、 机器人、高端电摩等领域。 恩力动力在界面工程、锂金属负极保护和超离子导体材料等方面取得技术突破，并通过可控粒径技术和原位自填充工艺，实现零外加压力下的均匀界面接触。 在产业化推进方面 ，公司规划了阶段性产能布局：2026年推出1–20A ...