但官方目前已搁置该计划，Cellforce将缩减运营，并将研发成果用于支持大众集团及保时捷收购的V4Smart。 受此影响， Cellforce可能会裁员约200人（目前总员工数量约为300名），剩余人员或转至大众集团电池子公司 PowerCo，相关研发设施也将交由PowerCo使用。 关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ 本文来源：NEXT科技情报站 车企想要自研电池，不被"卡脖子"很常见，然而研发制造电池并不是件轻松的活儿，不少跃跃欲试的主机厂尝试后均 放弃了，主要原因就是太烧钱了。 海外媒体报道， 保时捷已搁置自研高性能电动车电池计划，称该模式"无经济可行性" 。 保时捷宣布，因电动车市场增长低于预期及中美市场环境变化，将取消自建高性能电池生产计划。 首席执行官奥利弗·布鲁默指出， 缺乏规模经济及产量限制，而电池制造需要巨额投入与高度规模化，对于当前阶段 的保时捷来说难以实现 。 报道还指出，保时捷电池部门Cellforce已完成部分电芯开发并启动试生产，原计划在德国南部工厂实现每年1吉瓦时 产能，足以供应1万辆 Taycan，后续还拟建第二工厂。 ...

Q&A 固态电池设备行业的配置逻辑和后续催化因素有哪些？ 固态电池设备深度报告 20250825 摘要 锂电设备行业基本面显著改善，一线厂商自 2024 年 Q4 起订单量大增， 二线厂商于 2025 年 Q1 跟进，预示行业业绩拐点或在 2025 年 Q4 至 2026 年 Q1 出现。 行业经历 2022 年以来的下行周期后，企业已充分计提减值，2025 年 原材料储备及库存减值压力释放，若利润端修复，将带来显著业绩弹性。 2020 年起上马的锂电设备项目进入 3-5 年更新换代周期，叠加国内外 市场需求增加，为行业发展提供支撑。 固态电池技术发展前景广阔，头部公司预计 2025-2026 年实现量产， 工信部设立 60 亿元专项基金，明确 2027 年和 2030 年时间节点，为行 业发展奠定基础。 固态电池商业化进程加速，头部公司或于 2027 年小规模量产，预计 2030 年左右完成全面商业化，期间供应链培育和成本下降至关重要。 当前配置思路包括：整线布局企业（如先导智能），细分领域龙头企业 （如宏工科技、纳克诺尔），以及跟踪下游厂商进展，反向配置上游设 备公司。 预计 2030 年全球固态电池需求 ...

赣锋锂业 20250822 摘要 赣锋锂业 2025 年上半年综合毛利率约 11%，其中锂化工 8.36%，锂 电池 14.1%。投资收益 3.14 亿元，公允价值变动损失 2.77 亿元，资 产减值损失 1.94 亿元。上游资源方面，Mariana 项目启动，古拉米纳 项目正常运营，Quechua 盐湖项目上半年完成全年一半产量。 公司在固态电池领域取得进展，锋锂实现软包和圆柱电池生产，能量密 度分别高达 550 瓦时/千克和 420 瓦时/千克，并与无人机及 EVATO 企 业达成合作。储能方面，推出 304 安时方形储能固态电池，并计划推出 更大容量产品，安全性、低温性能和存储性能优于传统液态电池。 一体化战略初步显效，下游锂电池与储能业务弥补上游资源端冲击，增 强抗风险能力和盈利水平。马里锂矿项目进展顺利，计划全年发出 30 万吨矿石，尽管面临治安挑战，但生产和运输未受显著影响。 CEO 盐湖项目降本效果显著，现金成本从去年第四季度 6,800 美元/吨 降至今年上半年 6,000 美元/吨，未来通过工艺改进和产量提升有望进一 步降低。PPG 项目与阿根廷锂业签署合作协议，计划将产能从 5 万吨提 升 ...

锂电行业复盘 20250824 摘要 全球电动车市场持续增长，中国市场电动化率接近 50%，欧洲约为 20%，美国约 10%，预计今年全球整体电动化率达 25%。政策支持和 技术进步是主要驱动力，但各国市场发展阶段和补贴政策存在差异。 锂电行业股价经历多轮周期，早期公司实现 10 倍以上增长。目前行业 进入稳增长阶段，未来五年预计保持两位数以上增长，龙头公司具备投 资价值。新兴产业如 AIDC、机器人、固态电池等领域孕育新的增长机 会。 欧洲电动车市场在 2022-2024 年销量停滞，受补贴退坡和新车型竞争 力不足影响。预计 2025 年销量增速将回升，受益于补贴影响消化和新 车周期。美国市场受特斯拉新车周期和补贴政策影响，预计 2025 年底 取消补贴后，销量可能停滞。 锂电池产业链具有周期性，需求爆发导致材料价格暴涨，产能释放后价 格回落。碳酸锂扩产周期约三年，锂电材料约一年，价格变化对股价和 盈利有明显影响。2024 年四季度材料环节经历一波行情，但 2025 年 主产业链行情平淡。 Q&A 锂电行业的发展历程是怎样的？ 锂电行业经历了多个发展阶段。最初是政策推动，2010 年中国提出"十城千 辆"目 ...

项目规划与市场热点回应马里项目影响：尽管马里政局有复杂情况，但Goulamina项目运营、生产及发 运未受直接干扰，公司完成安防体系升级并争取当地支持。机器人与储能电池：公司在机器人电池领域 凭借产业化能力提供固态电池产品，储能业务凭借一体化布局优势，保障交付并对外销售电芯，品牌获 认可，提升盈利与品牌形象。降本与规划：阿根廷Cauchari - Olaroz盐湖项目降本效果显著；澳洲Mt Marion锂矿项目后续有望通过选矿技术改造提升收率、产量并降低成本。PPGS锂盐湖项目：与阿根廷 锂业合作开发，赣锋持股67%，规划年产能达15万吨，项目尚待开发，融资落实后公布详细计划。蒙金 锂矿：现开采规模60万吨/年，受采矿证限制，成本低，公司全年锂出货量及库存维持稳定。锂价与扩 产：公司看好锂行业需求增长，认为锂价支撑逻辑将转向成本驱动，优先开发经济效益最优资源，推进 Cauchari - Olaroz盐湖项目中试线等，根据融资情况推进PPGS盐湖项目，同时筹划措施优化资本结构。 固态电池产能：在硫化物固态电池材料领域布局硫化锂和硫化物电解质，硫化锂产品已通过客户认证并 供货，同时开发更具成本优势工艺。 8月22 ...

智通财经APP获悉，国金证券发布研报称，当前固态电池产业正呈现加速发展态势，技术突破与商业化 进程同步推进，半固态电池已实现规模化装车应用。全固态电池方面，硫化物/氧化物电解质体系取得 关键进展，多种技术路线及制备方法百花齐放。政策与市场双重驱动下，我国固态电池市场预计在 eVTOL、人形机器人等新兴领域将迎来需求爆发。 硫化锂的产品指标中纯度参数尤为关键，对硫化物电解质的制备有重要影响，其为硫化物路线中的核心 原料。从技术路线上看，碳热还原、水合肼还原和复分解工艺路线的综合优势较为明显，产业化实践已 进入工程验证阶段。 从技术壁垒和当前产业格局上判断，硫化锂的壁垒相对硫化物电解质更高，电池厂自研少，当前产业未 规模化，成本均较高，未来随着各路线愈发成熟，降本能力将进一步明确，路线或逐步收敛。 政策与技术需求双重驱动下，下游市场空间广阔 政策端和产业端共同推进，预计2027年将是固态电池产业从市场发展初期迈向快速上升期的转折点。 国金证券主要观点如下： 全固态电池已向硫化物路线聚焦 传统锂电池由于使用有机液态电解质而存在易挥发、易泄漏、易燃等问题，将易燃的有机电解液替换为 不易燃的无机固态电解质能改善电池安全 ...

Core Viewpoint - The breakthrough in solid-state battery technology by Chinese lithium battery companies, exemplified by Tianci Materials, represents a significant advancement in industrial innovation and upgrading in China [1][7]. Group 1: Challenges and Innovations - Solid-state batteries are seen as the next-generation power battery solution, but the core component, solid electrolyte, faces the "impossible triangle" of high ionic conductivity, interface compatibility, and electrochemical stability [2]. - Tianci Materials encountered significant challenges with interface impedance when solid electrolytes interacted with high-nickel cathodes, which adversely affected battery performance and lifespan [2]. - The company demonstrated a strong internal drive for innovation, motivated by the need to address industry pain points, leading to original innovations and a robust error-tolerance mechanism [2][3]. Group 2: Research and Development Strategies - Tianci Materials allocated independent budget pools for solid electrolyte research over three consecutive years, marking a historical commitment to this area [4]. - The company adopted a "racehorse" mechanism to evaluate competing technical routes, ultimately favoring the sulfide route based on superior performance metrics [4]. - The CEO emphasized the importance of maintaining a balance between openness and focus in innovation, which has become a consensus within the team [4]. Group 3: Market Dynamics and Collaborations - The demand for solid-state batteries is driven by emerging technologies such as AI devices, which require enhanced battery performance, creating significant market opportunities [6]. - Collaborative innovation has become a norm in the industry, with real-time data sharing between battery manufacturers and clients facilitating rapid problem-solving and iterative improvements [6]. - Tianci Materials and other leading companies are accelerating the industrialization of solid-state batteries, with various initiatives and partnerships underway to enhance their product offerings [5][6].

Investment Rating - The report indicates a positive outlook for the solid-state battery industry, suggesting it as a key upgrade direction for lithium-ion batteries [1]. Core Insights - Solid-state batteries are expected to address the limitations of liquid lithium-ion batteries, such as energy density ceilings, safety risks from lithium dendrites, and performance issues at low temperatures [5][11]. - The global solid-state battery shipment is projected to reach 614.1 GWh by 2030, with a market size potentially reaching 17.2 billion yuan [19][21]. - The penetration rate of solid-state batteries is expected to increase from approximately 0.1% in 2023 to 10% by 2030 [22][24]. Summary by Sections 1. Solid-State Battery as an Upgrade Direction - The solid-state electrolyte enhances battery safety, with technology routes categorized into sulfide, oxide, and polymer types [5][16]. - The development of solid-state batteries is crucial for overcoming existing technological bottlenecks and meeting future diverse application needs [5][11]. 2. Industry Progress and Adoption - Major automotive manufacturers are accelerating the adoption of solid-state batteries, with a focus on sulfide technology [29][33]. - Companies like BYD and CATL have confirmed their commitment to the sulfide solid-state battery route, with production plans in place [33][36]. 3. Cost Reduction Trends - The current cost of solid-state batteries is higher than traditional lithium-ion batteries, with projections indicating that the unit cost could reach 0.78 yuan/Wh in the long term [38][42]. - The cost of solid-state batteries is expected to decrease as production yields improve, with mid-term costs estimated at around 0.50 yuan/Wh [42][43]. 4. Key Companies in the Solid-State Battery Industry - Notable companies involved in the solid-state battery sector include Nakanor, Yuanhang Precision, Better Ray, Lingge Technology, and Wuhan Blue Electric, each making significant advancements in technology and production capabilities [4][4][4]. - Nakanor has delivered key solid-state battery equipment to major clients, marking a technological breakthrough in the industry [4][4]. - Better Ray has launched high-nickel positive electrodes and solid-state electrolytes, contributing to next-generation battery solutions [4][4]. 5. Market Demand and Government Support - The Chinese government has elevated solid-state battery research to a national strategic level, with significant funding and policy support aimed at accelerating development [19][20]. - The solid-state battery market is anticipated to grow significantly, driven by advancements in technology and increasing demand for electric vehicles [19][21].

Core Viewpoint - Solid-state batteries are expected to be the next upgrade direction for lithium-ion batteries, addressing limitations such as energy density, safety risks, and performance in low temperatures [2][3] Industry Logic - Solid-state batteries can potentially use higher capacity electrode materials and improve safety by replacing liquid electrolytes with solid electrolytes, leading to higher energy density, safety, and longer cycle life [2] - The solid-state battery technology routes can be categorized into sulfide, oxide, and polymer types based on the solid electrolyte materials [2] - China's Ministry of Industry and Information Technology has introduced new requirements for solid-state batteries to maintain the country's technological leadership in electric vehicles, with expectations for significant market growth by 2030 [2] Market Progress - Major automotive manufacturers are accelerating the adoption of solid-state batteries, with a focus on sulfide as the primary route [3] - Leading companies in solid-state battery technology development include QuantumScape, SolidPower, and Toyota, which are working on breakthroughs in energy density, safety, and charging speed [3] - Several companies, including BYD and Enpower, have confirmed their commitment to the sulfide route for solid-state batteries [3] Technical Insights - The cost of solid-state batteries is currently higher than traditional lithium-ion batteries, with projections for cost reductions as production processes improve [3] - The unit total cost of semi-solid-state cells is expected to decrease from 0.85 CNY/Wh to 0.50 CNY/Wh in the medium term, with full solid-state cells potentially reaching 0.78 CNY/Wh in the long term [3] Key Companies in the Solid-State Battery Sector - Companies such as Nakanor, Yuanhang Precision, Better Ray, Lingge Technology, and Wuhan Blue Electric are highlighted for their advancements in solid-state battery technology [5] - Nakanor has made significant progress in solid-state battery equipment, marking a technological breakthrough in industrial application [5] - Better Ray has launched high-nickel positive electrodes and solid-state electrolytes, contributing to next-generation battery technology [5]

对话产业链大佬 - 固态电池头部设备厂专家详解等静压设 备 20250821 摘要 国产 MLCC 设备已全面采用该技术，部分等静压设备已应用于超级电感 领域并对外供货，反映了公司在被动电子元件制造装备领域的领先地位。 等静压技术通过提高固态电解质接触面的结合度，有效降低固态电池的 电阻率，是目前解决固固界面结合问题的关键技术，尤其温等静压机被 视为未来固态电池制造的关键设备。 温等静压机通过控制介质温度，提高材料流动性和粘合力，从而提高成 型密度，更适用于对温度敏感的固态电池材料，其性能优于冷等静压机 和热等静压机。 市场上常见的固态电池用等静压设备压力范围为 100-600 兆帕，直径 400-450 毫米，工作介质包括水、导热油和气体，公司正在研发 1,500 兆帕设备用于特殊用途。 国产温等静压机价格约为进口同类设备的三分之一，且质量不逊于进口 产品，已获华为等企业采购并稳定运行一年以上，表明国产设备在性价 比上具有优势。 Q&A 固态电池设备在国内的发展情况如何？ 在 2020 年和 2021 年之前，国内固态电池设备主要依赖进口，特别是温等静 压设备，这些进口设备受瓦森纳协议的管制，需要最终用户协 ...