Zidian Electronics Surges by 20% Two Minutes After Open as Lithium Battery Stocks Rally

The all-solid-state battery concept has once again been heatedly speculated by the market. The A-share battery sector rose against the trend amid a sluggish broader market. On October 9, CATL rose 3.84 percent, with turnover of 16.028 billion yuan and net main capital inflow of nearly 2.61 billion yuan. Tinci Materials, Farasis Energy, Great Power Energy and other stocks also moved higher during the same period. According to a review by China Times reporters, the solid-state battery progress of multiple battery and battery material companies is mostly still in the research and development or pilot stage, and large-scale mass production is still far off. At present, no company has put forward a mass-production timeline for all-solid-state batteries. Great Power Energy said there is currently no mass-production timeline, and it depends on upstream raw material prices. The raw materials are mainly solid electrolytes, and no production line has been built yet; it is only at the pilot stage. Tinci Materials said its solid-state battery electrolyte follows the sulfide route and is in the pilot stage, with one pilot production line put into use in the third quarter. Some industry insiders expect that mass production of all-solid-state batteries should occur no earlier than 2028 to 2030, and the current stage is equivalent to technical verification. On the policy front, seven departments including the Ministry of Industry and Information Technology jointly issued the 15th Five-Year Plan for the Development of the New Battery Industry, the first national-level special plan in China's battery field. It proposes that by 2030, all-solid-state batteries will initially achieve large-scale application, long-life lithium batteries will reach a cycle life of 15,000 times, and 19 tasks will be deployed around five major directions including full-chain innovation.