固态电池如何赢得市场的最终选择？ 11月19日，由海目星激光总冠名、卡洛维德协办、大族锂电特别赞助的 2025（第十五届）高工锂电年 会暨 十五周年庆典&高工金球奖颁奖典礼 在 深圳前海华侨城JW万豪酒店盛大举行。 活动现场汇聚锂电全产业链各细分领域头部企业 TO P1 0领袖 ，逾 400家 企业、超 1200位 产业链企业高层精英参与。 计入电池成本。软包结构复兴、干法电极落地、等静压技术升级已不是技术选项，而是产线投资的必然方向。 2027年这个时间点被频繁提及，不只是技术突破的节点，更是市场验证的窗口。从半固态通向全固态的路径选择，本质上是对投入产出比的务实考 量。 在这场600GWh的竞赛中，技术突破打开了市场的大门，但只有证明经济性才能赢得最终的胜利。随着产业链各环节的协同推进，固态电池正在从实 验室走向商业化应用的新阶段。 据 高工产研（GGII） 介绍 ， 2025 年政策与资本对固态电池的投入持续增强。固态电池领域之所以出现大规模科研院所孵化企业，根本原因在于其 仍处于"科学问题尚未完全突破"的阶段，这与已经主要面临工程化问题的大圆柱电池、钠电存在本质差异。 这场跨越十五载周期、聚焦产业未来 ...

Core Viewpoint - The 2025 Dubai Airshow, themed "The Future is Here," opened on November 17, 2023, in Dubai, showcasing significant advancements in the aviation industry, including the debut of China's C919 aircraft in the Middle East [1] Group 1: Event Overview - The Dubai Airshow will last for five days, from November 17 to 21, 2023, and is described as the largest and most comprehensive edition to date [1] - Over 1,500 exhibitors are participating, with an expected attendance of 148,000 industry professionals [1] - More than 200 aircraft of various types will be displayed, including commercial, military, business jets, drones, and advanced aviation technologies, featuring both static displays and flight demonstrations [1] Group 2: Chinese Participation - Nearly 100 aviation-related companies from mainland China are participating in this year's airshow [1] - China Commercial Aircraft Corporation is showcasing a C919 aircraft and a C909 aircraft, while China Southern Airlines is also presenting a C919 aircraft [1] - The C919 aircraft is making its debut in the Middle East, with flight demonstrations conducted by China Commercial Aircraft Corporation [1] - Additionally, Chinese-developed drones and electric vertical takeoff and landing (eVTOL) vehicles are also featured at the airshow [1]

新华社迪拜11月17日电（记者 夏晓 温新年）2025迪拜航展17日在阿联酋迪拜世界中心开幕。两架 中国自行研制的C919大飞机参展。 据主办方公布的信息，今年有近百家中国内地航空相关企业参展。中国商用飞机有限责任公司携一 架C919飞机和一架C909飞机参展，中国南方航空公司携一架C919飞机参展。这是国产C919飞机首次在 中东亮相。中国商飞在现场进行了C919飞行展示。此外，中国研发的无人机和电动垂直起降飞行器 （eVTOL）等产品也亮相航展。 本届迪拜航展为期5天，以"未来已来"为主题，于11月17日至21日举行，为全球航空业搭建重要交 流合作平台。阿联酋媒体称，这是"规模最大、内容最丰富"的一届迪拜航展。 据主办方介绍，本届航展吸引1500多家参展商，预计将接待14.8万名业内观众，展出逾200架各型 飞机，涵盖商用机、军用机、公务机、无人机及先进航空技术，亮相方式包括静态展示和飞行表演。 ...

本届迪拜航展为期5天，以"未来已来"为主题，于11月17日至21日举行，为全球航空业搭建重要交流合 作平台。阿联酋媒体称，这是"规模最大、内容最丰富"的一届迪拜航展。 新华社迪拜11月17日电（记者夏晓 温新年）2025迪拜航展17日在阿联酋迪拜世界中心开幕。两架中国 自行研制的C919大飞机参展。 据主办方公布的信息，今年有近百家中国内地航空相关企业参展。中国商用飞机有限责任公司携一架 C919飞机和一架C909飞机参展，中国南方航空公司携一架C919飞机参展。这是国产C919飞机首次在中 东亮相。中国商飞在现场进行了C919飞行展示。此外，中国研发的无人机和电动垂直起降飞行器 （eVTOL）等产品也亮相航展。（完） 据主办方介绍，本届航展吸引1500多家参展商，预计将接待14.8万名业内观众，展出逾200架各型飞 机，涵盖商用机、军用机、公务机、无人机及先进航空技术，亮相方式包括静态展示和飞行表演。 ...

作为连接技术和产业、打通研发和市场的桥梁，应用场景是试验场，也是训练场。有了首试首用的场景，才有规模化商业化应用的可能；有了真 实场景的训练，才能迭代优化升级技术，才有更符合市场需求的产品。 新华社合肥11月16日电题：新华社经济随笔："给场景"，给出成果转化新效能 新华社记者张紫赟、吴慧珺 在合肥轨道交通4号线桃花潭站，一套全空间智能感知巡检系统正在运行，灵敏捕捉细微振动，全天候自动监测地铁保护区安全。其运用的分布式 光纤传感技术，从"实验室里转圈圈"到落地应用解决实际问题，科技创新成果转化路径的打通，秘诀就在于——"给场景"。 3年前，研究团队手握这一先进技术，却苦于找不到合适的应用场景。得知这一情况，合肥市场景工作专班主动对接，帮助挖掘出轨道交通巡检的 应用场景，既推动了技术产业化，也有效破解传统人力巡检"成本高、效率低"的痛点。 记者曾经在采访中了解到，一些好不容易攻克的新技术、研发的新产品，因难以找到应用场景相匹配，无法形成规模市场甚至难以存活。因此， 场景工作，重在供需对接，既要给技术找场景，也要为场景找产品。 不少地方的探索值得关注。比如，有的城市探索"能力清单""机会清单"双向对接机制，"能力 ...

Core Insights - The article emphasizes the importance of providing application scenarios to enhance the transformation efficiency of technological innovations [1][5] - It highlights the role of application scenarios as a bridge between technology and industry, facilitating the commercialization of new technologies [1][4] Group 1: Application Scenarios - The implementation of a full-space intelligent perception inspection system in Hefei's subway demonstrates how technology can solve real-world problems when paired with appropriate application scenarios [1] - The concept of "giving scenarios" is crucial for matching technological innovations with market needs, ensuring that new products can find viable applications [1][2] - Cities are exploring mechanisms like "capability lists" and "opportunity lists" to connect innovative technologies with industry demands, promoting deeper integration of technological and industrial innovation [2] Group 2: Innovation Ecosystem - The article discusses the need for a systematic approach to connect various scene resources, fostering an ecosystem that supports innovation and technology application [4] - Hefei's transformation of its old airport into a park for testing new technologies like eVTOL and drones exemplifies the creation of new application scenarios [4] - The government's role in creating a supportive environment for innovation is highlighted, with a focus on providing more market-oriented and precise services to enhance the transformation of technological achievements [4][5] Group 3: Future Directions - China's vast market and diverse application scenarios are seen as advantages for global companies, shifting their strategies from "in China for China" to "in China for the world" [5] - The "14th Five-Year Plan" emphasizes the need to increase the construction and openness of application scenarios, indicating a clear direction for future development [5] - The article concludes that fostering application scenarios will lead to the emergence of new technologies and products, driving economic growth and high-quality development [5]

Investment Rating - The report indicates a positive outlook for the low-altitude economy, highlighting its potential as a new growth engine for high-quality economic development in China [11][12]. Core Insights - The low-altitude economy is recognized as a strategic emerging industry, officially included in government work reports, marking its importance in national economic strategy [11][12]. - The industry is experiencing a synergistic advancement in technology, industrial cultivation, and large-scale commercialization, with significant growth in sectors such as logistics, agriculture, and tourism [12]. - China is transitioning from a "follower" to a "leader" in global low-altitude economic technology, with a substantial share of global patent applications [11][12]. Summary by Sections Global Low-altitude Economy Development Overview - The global low-altitude economy is evolving from exploration to commercial promotion, with significant advancements in technology and regulatory frameworks [39][40]. - The global drone market is projected to reach $34.4 billion in 2024, with expectations to exceed $40 billion by 2026 [57][58]. Low-altitude Economy as a New Economic Form - The low-altitude economy is characterized by high technological intensity, multi-dimensional spatial features, and significant integration across various industries [21][28]. - It encompasses a wide range of applications, including logistics, agriculture, tourism, and emergency rescue, demonstrating strong industrial extensibility [34]. Key Stages of Low-altitude Economy Enterprise Growth - Enterprises must enhance their "policy decoding ability" to seize opportunities presented by government policies, which are crucial for navigating the development landscape [73][79]. - The report emphasizes the importance of understanding the regulatory framework and adapting to local policy environments for successful implementation [78][79].

Core Insights - Hefei has emerged as a significant player in the innovation and technology sector, leveraging government-led investments to attract social capital and develop strategic emerging industries [1][2][5] Investment Strategy - Hefei's government employs a "lead investment" model to stimulate private investment, focusing on long-term growth and leveraging state capital to maximize impact [4][5] - The city has successfully created major industry clusters in new display technology, integrated circuits, and artificial intelligence, achieving a total investment exceeding 210 billion yuan in strategic emerging industries [5][10] Innovation Ecosystem - Hefei emphasizes early-stage investments in technology-driven small and medium enterprises, with over 10% of its annual fiscal budget allocated to scientific research [7][8] - The city has established a comprehensive funding ecosystem that includes various types of capital, from angel to venture capital, covering the entire lifecycle of enterprises [7][8] Industry Chain Development - The investment approach focuses on strengthening local industry chains by addressing gaps and leveraging local resources, such as investing in display technology to support the home appliance sector [9][10] - Hefei has identified 16 key industry chains, with government leadership ensuring coordinated development and resource allocation [10] Decision-Making Process - Hefei has developed a multi-faceted decision-making process that includes government, expert, and community input to enhance the scientific basis of investment decisions [11] - The city has successfully navigated challenges, such as the downturn of NIO's stock, by conducting thorough analyses and maintaining a long-term investment perspective [11] Scene Innovation - Hefei is creating an innovation ecosystem by matching advanced technologies with practical applications, exemplified by the development of a smart inspection system for public transportation [12] - The city has launched initiatives to foster a wide range of application scenarios, enhancing the visibility and utility of innovative technologies [12] Investment Cycle Management - Hefei is establishing a risk management and exit strategy for government investments, focusing on market-driven approaches and creating mechanisms for reinvestment [13] - The city encourages a culture of innovation and risk-taking, allowing for failures while ensuring that successful projects can generate returns for future investments [13][14]

Core Insights - The Chinese eVTOL industry is experiencing a dichotomy between hype and reality, with significant challenges emerging despite initial excitement around electric vertical takeoff and landing aircraft [1][2] - Three companies stand out in the tilt-rotor technology segment: TCab Tech, INFLYNC, and Volant, each claiming to represent the future of urban air mobility [1][12] Company Summaries TCab Tech - TCab Tech's E20 tilt-rotor aircraft completed its first flight in 2023, achieving a speed of 320 km/h and is considered the closest to civil aviation standards among eVTOL models [11] - The company has established a connection with the CAAC for airworthiness certification and is in the technical document integration phase [17][18] - Its strategy focuses on cargo operations first to accumulate airworthiness experience before moving to passenger transport [18][32] INFLYNC - INFLYNC's L600 concept aircraft features a tilt-duct propulsion system, promising high lift-to-drag ratio and low noise, but remains in the prototype stage [11][8] - The company has not yet appeared on the official acceptance list and has not submitted its Type Certificate (TC) application [17][19] - INFLYNC's approach prioritizes overseas airworthiness, which may lead to higher costs and delayed returns [19][32] Volant - Volant employs a hybrid tilt-rotor approach, allowing for both vertical takeoff and long-distance cruising, but is seen as more focused on capital presentation than engineering validation [11][12] - The company is in the project declaration phase and collaborates with local low-altitude centers [17][18] - Volant's strategy involves a "light asset outsourcing" model, relying on external suppliers for some components [23][32] Industry Trends - The eVTOL sector is facing a tightening of capital, with investors becoming more cautious about funding "heavy asset + long cycle" projects [25][27] - The average time from project initiation to certification is estimated at 3-5 years, with extensive documentation and testing required [18][14] - The industry is characterized by a paradox where aggressive strategies may lead to slower progress, while pragmatic approaches may yield quicker results [20][32] Market Dynamics - The funding landscape has shifted from "who gets the money" to "who can sustain operations," highlighting the importance of cash flow in the current market [28][29] - The three companies represent different strategic paths: TCab Tech as the pragmatic player, INFLYNC as the risk-taker, and Volant as the hybrid approach [31][32] - The future of the eVTOL industry in China hinges on execution, patience, and the ability to secure airworthiness certifications [36][37]

Core Insights - The recent series of conferences in Beijing signals a transition of China's low-altitude economy from policy formulation and local pilot phases to a new stage of standardization and normalization [1][2][3] Group 1: Industry Development - The establishment of the Low Altitude Economy Development Department by the National Development and Reform Commission in December 2024 indicates strong governmental support for the sector [3] - The low-altitude economy encompasses various segments including aircraft manufacturing, airspace management, and application services, which can drive the transformation of traditional aviation industries and create new economic growth points [3][4] - As of the end of 2024, there are 19,979 units with drone operation qualifications, and the total number of registered drones has increased by 98.5% year-on-year to 2.177 million [3] Group 2: Challenges and Bottlenecks - The low-altitude economy is currently transitioning from "technology validation" to "scale commercialization," facing challenges in airspace management, technical standards, and market systems [4] - The existing "one-size-fits-all" flight restrictions hinder the application of drones in logistics and emergency services, necessitating a risk-based governance framework [4] - The lack of technical standards for airworthiness and data security increases R&D costs for companies, affecting the speed of technological iteration [4] Group 3: Future Trends - If bottlenecks are overcome, the low-altitude economy could experience explosive growth, leading to a multi-trillion yuan industry that significantly alters production and lifestyle [5][6] - The market for urban air mobility and low-altitude tourism is expected to reach trillion-level scales, with eVTOLs likely to achieve commercial operation by 2030 [6] - China's technological advantages in the drone sector may lead to the establishment of international standards, positioning the low-altitude economy as a new growth point in the global economy [6]