Xinwangda plans to have the capacity to mass produce all-solid-state batteries by 2026

According to official news from Xinwanda, on July 5, Xinwanda's subsidiary Xinwanda Power Technology Co., Ltd. (hereinafter referred to as "Xinwanda Power") and Songshan Lake Materials Laboratory officially signed the "Framework Agreement on the Joint Construction of the Dongguan Songshan Lake Solid-State Battery Public R&D Platform" in Dongguan. The two parties will carry out in-depth cooperation in the field of solid-state batteries in the future and jointly promote the commercial development and market application of the solid-state battery technology industry.

According to the agreement, the two parties will jointly build the Songshan Lake solid-state battery public R&D platform, which will bring together outstanding solid-state battery R&D talents and teams from home and abroad to form a strong R&D synergy. At the same time, the platform will also be equipped with advanced R&D equipment and laboratories to provide strong support for the R&D of solid-state battery technology.

Image source: Xinwanda

As an important direction of next-generation battery technology, solid-state batteries have the advantages of high energy density, high safety, and long life, and are considered to be an important energy solution for future electric vehicles. The cooperation between Sunwoda Power and Songshan Lake Materials Laboratory aims to combine the technical advantages and market resources of both parties to jointly overcome the technical difficulties of solid-state batteries and promote the commercialization of solid-state battery technology.

According to the data, Songshan Lake Materials Laboratory is one of the first batch of provincial laboratories in Guangdong Province and an important scientific research platform for the construction of the pilot start-up area of ​​the Greater Bay Area Comprehensive National Science Center (Songshan Lake Science City). Energy materials are one of the main research directions of Songshan Lake Materials Laboratory. At present, the laboratory has formed technical advantages in the fields of new generation positive electrode materials, negative electrode materials, electrolyte materials and semi-solid batteries and has begun to provide pilot products to the industry. The joint team composed of research teams from the Institute of Physics, Chinese Academy of Sciences and Ningbo Institute of Materials has made initial breakthroughs in key process technologies such as all-solid-state batteries.

As for Xinwangda Power, it has made breakthrough progress in the research and development and mass production of solid-state batteries. Specifically, its first-generation semi-solid-state battery with an energy density of 300Wh/kg has been developed, and the second-generation semi-solid-state battery product is in the pilot development stage, with an energy density of 400Wh/kg, and is expected to be installed and verified by the end of this year.

In addition, Xinwangda Power's first-generation all-solid-state battery products with an energy density of 400Wh/kg have also been put into small-scale trials, and the second-generation all-solid-state batteries with higher energy density are also being intensively developed. The design and construction of the all-solid-state battery production line are also being accelerated simultaneously, and it is planned to have mass production capabilities in 2026.

According to data from South Korean research institution SNE Research, the global installed capacity of electric vehicle batteries from January to May was about 285.4GWh, an increase of 23% over the same period last year. Among them, Xinwangda's installed capacity was 5.9GWh, a year-on-year increase of 62%, with a market share of 2.1%, ranking 10th.