Core Viewpoint - The article highlights the rapid development and investment in the solid-state battery industry, particularly focusing on the upcoming CINE2025 Solid-State Battery Exhibition and the significant advancements in cylindrical battery production by Xiangyuan New Energy [1][12]. Event Overview - The CINE2025 Solid-State Battery Exhibition will take place from November 6-8, 2025, at the Guangzhou Nansha International Convention and Exhibition Center, featuring over 200 exhibitors and 20,000 professional attendees [1][5][2]. Industry Developments - Xiangyuan New Energy has made significant progress with its cylindrical battery production base in Suining, which is set to begin production by the end of this year with a total investment of approximately 6 billion yuan, aiming for an annual output value of 5 billion yuan and a production capacity exceeding 1.2 billion units [2][3]. - The company has been expanding rapidly, with previous investments totaling 7 billion yuan in projects located in Zhejiang and Suining, focusing on the production of 18650 batteries [3][9]. Market Trends - The 18650 small cylindrical battery market is experiencing a resurgence, driven by advancements in full-tab technology, which enhances performance and is being adopted widely in the two-wheeler and portable energy storage sectors [6][7]. - The demand for small cylindrical batteries is expected to grow due to their applications in electric tools and robotics, with the potential for further expansion into AI data centers [7][8]. Large Cylindrical Battery Outlook - The large cylindrical battery market is projected to see significant growth, with models like 4680/4695 expected to dominate by 2030, potentially accounting for 44.2% of the market share and exceeding 180 GWh in output [9][10]. - The adoption of full-tab technology in large cylindrical batteries is enhancing their performance, leading to increased demand in both the automotive and energy storage sectors [9][10]. Conclusion - The rapid expansion of Xiangyuan New Energy and the anticipated growth in both small and large cylindrical battery markets indicate a strong alignment with industry trends, positioning the company favorably as it aims to capitalize on the upcoming demand surge [10][11].

Core Viewpoint - The global cylindrical battery market is undergoing a structural transformation driven by technological advancements and increased manufacturing efficiency, leading to a competitive landscape focused on diverse application scenarios [2][25]. Group 1: Market Dynamics - The cylindrical battery market is experiencing a shift, with a decline in shipments for power applications, particularly influenced by changes in Tesla's 21700 model sales, while electric two-wheelers and tools see significant growth [7][8]. - Chinese companies have rapidly increased their market share in cylindrical batteries, surpassing 40% globally in 2024, while Japanese and Korean manufacturers face declines [7][8]. Group 2: Technological Advancements - The adoption of large cylindrical batteries in high-end vehicles, such as BMW's next-generation electric models, marks a significant milestone, showcasing the commercial viability of this technology [3][4]. - The full-tab technology has matured, enhancing manufacturing precision and yield, allowing for rapid charging capabilities that meet market demands for ultra-fast charging [4][5]. Group 3: Competitive Landscape - Companies like EVE Energy, Xinwangda, and others are positioned to capitalize on the growing cylindrical battery market, with a focus on specific application scenarios to gain competitive advantages [6][25]. - The competition is intensifying as firms explore various technical strategies, including the use of lithium iron phosphate (LFP) and lithium manganese iron phosphate (LMFP) chemistries, which are becoming more prevalent in both large and small cylindrical batteries [15][19]. Group 4: Emerging Applications - The electric aviation sector, particularly eVTOL and high-end drone markets, is becoming a new battleground for cylindrical batteries, with a shift from soft-pack batteries to cylindrical designs due to their performance and safety advantages [10][11]. - Companies are developing new cylindrical battery solutions tailored for emerging markets, such as humanoid robots and backup power for AI data centers, indicating a diversification of applications [14][19]. Group 5: Future Outlook - The cylindrical battery market is expected to see significant growth, with projections indicating that large cylindrical batteries will dominate the electric two-wheeler market, potentially replacing smaller cylindrical batteries [21][25]. - The ongoing technological innovations and market demands are likely to reshape the competitive landscape of the cylindrical battery market in the coming years [25].