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Battery Prices Stabilize in November, Slight Increase Expected in 2025, Says TrendForce

12 December 2024

TrendForce’s latest research reveals that China's EV sales continued to grow throughout November 2024, driving demand for EV batteries. LFP battery prices remained stable, while prices for ternary batteries saw a slight decline.

Low-Altitude Aviation’s Untapped Market Expected to Drive Solid-State Battery Demand to 302 GWh by 2035, Says TrendForce

4 December 2024

TrendForce’s latest investigations reveal that the development of flying cars and electric vertical take-off and landing aircraft (eVTOL)/urban air mobility (UAM) vehicles are positioning solid-state batteries as a key energy technology for low-altitude aviation. Based on policy visions in regions like China and the United States, global demand for solid-state batteries in the low-altitude aviation sector is projected to reach 86 GWh by 2030 and further grow to 302 GWh by 2035.

TrendForce: Unveiling New Opportunities in Tech Innovation for 2025

21 November 2024

TrendForce has outlined 10 key trends shaping the technology landscape in 2025. Highlights include:

Foxconn Strengthens Solid-State Battery Investment, Eyes Two-Wheeler Market as Testing Ground, Says TrendForce

12 November 2024

Hon Hai subsidiary Foxconn has recently established Foxconn New Energy Battery (Zhengzhou) Co., Ltd. in Henan, China. The newly formed company will focus on battery manufacturing, sales, and R&D into automotive components. Recent TrendForce investigations reveal that Foxconn's initial approach to solid-state batteries will involve partnerships with other battery manufacturers—starting with lower-complexity manufacturing processes and focusing on building expertise in the two-wheeler market.

Solid-State Batteries Enter Pilot Production, Costs Expected to Drop to CNY 0.6–0.7/Wh by 2035, Says TrendForce

31 October 2024

The global pursuit and anticipation of applications for solid-state batteries (SSBs) have accelerated the commercialization process of this technology. TrendForce’s latest findings reveal that major manufacturers across the globe, such as Toyota, Nissan, and Samsung SDI have already begun pilot production of all-solid-state batteries. It is estimated that production volumes could have GWh levels by 2027 as these companies race to scale up production.


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