Solid-State Battery Mass Production is Just Around the Corner, with Prices Expected to "Slide" in the Next Decade
Solid-State Battery Mass Production is Just Around the Corner, with Prices Expected to "Slide" in the Next DecadeMarket research firm TrendForce predicts that solid-state batteries will achieve GWh-level mass production by 2027 due to the global race for production among various manufacturers. In the initial stage of mass production (2027-2028), the cost is expected to be high, with cell prices ranging from 1 to 3 RMB/Wh
Solid-State Battery Mass Production is Just Around the Corner, with Prices Expected to "Slide" in the Next Decade
Market research firm TrendForce predicts that solid-state batteries will achieve GWh-level mass production by 2027 due to the global race for production among various manufacturers. In the initial stage of mass production (2027-2028), the cost is expected to be high, with cell prices ranging from 1 to 3 RMB/Wh. The estimated application scale in the electric vehicle market is expected to be below 1 GWh.
As the scale of solid-state battery production expands, costs will gradually decline. By 2030, when annual production reaches over 10 GWh, cell prices are projected to drop to around 1 RMB/Wh. By 2035, with widespread market adoption, TrendForce forecasts that solid-state battery cell prices could fall to 0.6-0.7 RMB/Wh.
Compared to traditional lithium-ion batteries, solid-state batteries offer advantages such as higher energy density, longer cycle life, and enhanced safety. In the future, as solid-state battery technology matures and costs decrease, it will find broader applications in electric vehicles, energy storage, and other sectors, driving rapid growth in the new energy industry.
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