In the context of global energy transition and scientific and technological development, the lithium battery industry is in a critical period of rapid development.
Enterprise cooperation and project construction: global layout accelerates
New breakthroughs have been made in enterprise cooperation and project construction in the lithium battery industry, showing the trend of global industrial chain integration. The cooperation between ICL and German Nano will invest 285 million euros in the production of lithium iron phosphate (LFP) battery materials in Spain, Europe, which will not only help both parties expand the European market, but also strengthen the integration of technology and resources in the field of LFP materials. Vianode has become a strategic supplier to General Motors to provide high-performance anode graphite solutions, marking the establishment of a deep partnership between the two companies in the field of electric vehicle batteries to jointly advance the development of electric vehicle technology. The cooperation between Rongtong Hi-Tech and India's Fidelity Group is also progressing smoothly, and the LFP cathode material plant planned to be built in India is expected to be mass-produced in March 2026, which will inject new impetus into the development of India's new energy industry. CATL has become the preferred supplier of battery energy storage systems for RTC projects in the UAE, and will provide Tianheng battery energy storage systems for 19GWh battery energy storage projects and 5.2GW photovoltaic projects, further consolidating CATL's leading position in the global energy storage market.
Capacity expansion: "power + energy storage" two-wheel drive
At the beginning of the new year, the lithium battery industry ushered in a wave of capacity expansion. Ruipu Lanjun's Jiangsu Lanjun new energy energy storage system integration project started, with a planned annual output of 10GWh energy storage system integration products, providing strong support for the development of the energy storage market. CATL signed a contract with the Fuzhou Municipal Government to build a battery base with an annual production capacity of 40GWh in Luoyuan, further expanding its production capacity in the field of power batteries. EVE launched the second phase of the pile foundation project of the super factory in Jingmen High-tech Zone, with a total investment of 10.8 billion yuan and a planned production capacity of 60GWh, and its new generation of energy storage battery MB56 will be applied to multiple scenarios. Ruipu Lanjun will also establish a battery factory in Indonesia, with an estimated annual output of 8GWh of power and energy storage batteries in the first phase, and actively expand overseas markets.
Figure: Lithium battery industry: innovation and expansion dance together, the market prospect is broad
Technological breakthrough: innovation leads the development of the industry
Technological innovation is the core driving force for the development of the lithium battery industry. The new glass-phase sulfide solid-state electrolyte material developed by Pang Quanquan's team at Peking University has brought a new breakthrough to the development of all-solid-state lithium-sulfur batteries, and the relevant results have been published in Nature, which has improved China's technical level in the field of solid-state batteries. Hunan Yuneng's double-doped coated lithium iron phosphate cathode material and its preparation method can improve the specific capacity and cycling performance of the material, and help to improve the overall performance of lithium iron phosphate battery. The graphite anode material with good stability disclosed by Inner Mongolia RhN lithium battery and its preparation method can effectively buffer the volume change and provide a guarantee for the safety and stability of the lithium battery. Suzhou Huaqian Times obtained the patent of "a high-safety lithium battery with automatic power-off and constant voltage charging", which reduces the safety risk of lithium batteries caused by charging problems.
Market Data & Industry Forecasts: Demand continues to grow
Judging from market data and industry forecasts, the lithium battery industry has broad prospects. According to the data of the high-tech industry and Huafu Securities, in January 2025, the production schedule of lithium iron phosphate battery manufacturers will increase by more than 150% year-on-year, and the production schedule of ternary lithium battery manufacturers will also show a growth trend, and the production schedule of key material production enterprises will increase. According to a survey by TrendForce, all-solid-state battery production will reach the gigawatt-hour order by 2027, and the China Commercial Industry Research Institute predicts that China's solid-state battery market is expected to grow to RMB 20 billion by 2030. Driven by demand in areas such as new energy vehicles and energy storage, the lithium battery market is expected to continue to maintain rapid growth.
To sum up, the lithium battery industry has shown a positive development trend in terms of enterprise cooperation, capacity expansion, technological breakthroughs and market demand. With the global emphasis on clean energy and the continuous development of the new energy industry, lithium batteries, as key energy storage devices, will play a more important role in the future energy transition.
