Citic Securities: Solid-state batteries are accelerating from the laboratory to industrialization, and small-scale production of all solid-state batteries is expected to be achieved around 2027.

The CITIC Securities Research Report points out that solid-state batteries, as the next generation of high-performance battery technology, are accelerating the transition from the laboratory to industrialization with significant advantages such as high energy density and high safety. With the release of policy dividends, the upgrade of market demand, and continuous technological iteration, the global solid-state battery industry has evolved from laboratory research and development to commercialization, reaching a critical stage. China has strong policy support in the field of solid-state batteries, and with the gradual improvement of the industry's technological standards system, small-scale production of all solid-state batteries is expected to be achieved around 2027.