China’s Ministry of Industry and Information Technology recently released the fifth batch of specialized new “little giant” enterprises list, new energy battery field leading enterprise GT PowerSafe with its breakthrough innovation in the field of high safety solid-state batteries successfully selected. This is after its “high temperature and flame retardant electrolyte” technology won the National Science and Technology Progress Award in 2022, and once again won the national authoritative certification.
“Little Giant” hard power: fill the gap in domestic solid-state battery technology
As a benchmark case under the “key industry chain reinforcement board” policy of the Ministry of Industry and Information Technology, GT PowerSafe’s self-developed all-solid lithium metal battery has achieved three major technological breakthroughs:
Safety innovation: Through the ceramic-polymer composite electrolyte technology, successfully passed the 200℃ hot box test and acupuncture experiment, completely solve the risk of thermal runaway of traditional liquid batteries;
Energy density jumped: the energy density of mass-produced models reached 420Wh/kg, 40% higher than the industry average, suitable for high-end UAVs and special equipment fields;
Cost optimization path: The original dry electrode preparation process reduces the production cost by 35% compared with similar products, and wins strategic purchase orders from Ningde Times, Ehang Intelligence and other leading enterprises.
Policy enables resonance with the industry
According to the Ministry of Industry and Information Technology’s “14th Five-Year Plan” intelligent manufacturing Development Plan, “Little giant” enterprises need to meet the four standards of “specialization, refinement, specificity, and novelty”, and the proportion of R&D investment is not less than 5%. In the past three years, GT PowerSafe has invested 620 million yuan in R&D, accounting for 12.7% of the total revenue, and applied for 217 patents (including 43 PCT international patents). Wang Zhenhua, chairman of the company, said: “The selection of the ‘Little giant’ will accelerate the construction of the solid-state battery production line with an annual output of 20GWh, and it is expected to achieve large-scale delivery of car-scale products in 2025.”
Capital markets are heating up
Boosted by this good news, GT PowerSafe shares rose 9.7% in a day, Morgan Stanley analysts pointed out that China’s “little giant” enterprises have attracted more than 30 billion yuan of special fund layout, solid-state battery track valuation increased by 180% over the same period last year. At the same time, the company announced to build a “solid state battery joint laboratory” with the Ningbo Institute of Materials of the Chinese Academy of Sciences, focusing on the ultra-thin lithium negative mass production process.
Industry observation: The head of the equipment industry Department of the Ministry of Industry and Information Technology stressed that the “small giant” enterprises will become a key force to break through the patent barriers of solid-state batteries in Europe and the United States. At present, GT PowerSafe is participating in the development of China’s first “all-solid-state lithium battery industry standard” to promote the industry from “following” to “leading”.
