Chinese company Jiangxi Judian New Energy Technology Co Ltd has begun the construction of a solid-state lithium battery facility with an annual capacity of 10 GWh in Ganzhou, Jiangxi.
The project, which is being carried out by Jiangxi Judian’s controlling shareholder, Shenzhen Fuxin Industrial Technology Co Ltd, will entail a total investment of RMB 10 billion ($1.3 billion). It aims to produce solid-state battery cells, pack systems, and energy storage systems.
The project will be completed in two phases. The first phase has an investment of RMB 1.68 billion and will have an annual capacity of 2 GWh of solid-state battery cells and 2 GWh of pack systems. The total land area allocated for the project is approximately 600 mu, with a building area of 72,000 square meters for the first phase.
Although the announcement provided no specific details about the solid-state battery, the project reflects the growing interest in solid-state battery technologies. Existing lithium batteries utilized in new energy vehicles (NEVs) are reaching their limits in terms of energy density, and solid-state batteries are seen as a promising solution that can achieve higher energy density.
Solid-state batteries with solid electrolytes offer greater structural stability, reducing the risk of short-circuits and offering improved safety and energy density. Market research firm TrendForce suggests that automakers’ increased investment and research in solid-state batteries will lead to the mass production of all-solid-state batteries with high-activity materials between 2030 and 2035. By this time, lithium battery energy density may reach 500 Wh/kg, resulting in a range for electric vehicles that is two to three times that of current liquid lithium batteries, comparable to traditional fuel vehicles.