Fast-charging batteries have good application prospects in the field of new energy vehicles, and fast-charging lithium-ion batteries are their mainstream products.

Fast-charging batteries refer to batteries that can be charged to 80% or 100% in a short period of time. Compared with other batteries, fast-charging batteries have the advantages of safety, reliability, long service life, fast charging speed, and high charging efficiency. They have broad application prospects in new energy vehicles, electric bicycles, consumer electronics, electric toys and other fields.

There are many types of fast-charging batteries. According to different base materials, they can be divided into nickel-cadmium batteries, button batteries, nickel-metal hydride batteries, and lithium-ion batteries. Fast-charging lithium-ion batteries are the mainstream products in the fast-charging battery market. They mostly adopt embedded structures and use lithium titanate materials, hard carbon materials, graphite materials, aluminum-based materials, and silicon-based materials as negative electrode materials. In recent years, Chinese companies have continued to increase their investment in the research of fast-charging lithium-ion batteries, which provides favorable conditions for the development of the fast-charging battery industry.

In January 2023, six ministries including the Ministry of Industry and Information Technology, the Ministry of Education and the Ministry of Science and Technology jointly issued the “Guidance on Promoting the Development of the Energy Electronics Industry”. The document clearly proposed the development of new energy storage batteries and accelerated the promotion of fast-charging batteries and polymer lithium-ion batteries. Research, development and application of batteries and solid-state batteries. With the support of national policies, the development trend of my country’s fast-charging battery industry will continue to improve.

According to the “2023-2028 China Fast-Charging Battery Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, The new energy vehicle field is the largest demand end for fast-charging batteries. With the rapid economic development and national policy support, the development speed of my country’s new energy automobile industry has accelerated. According to statistics from the China Association of Automobile Manufacturers, my country’s new energy vehicle sales will reach 7.058 million units in 2022, a year-on-year increase of 96.9%. Fast-charging batteries have the advantages of short charging time, good safety, and large-capacity charging and discharging. They are expected to become a representative product of new energy vehicle power batteries in the future. As downstream demand is gradually released, my country’s fast-charging battery market space will continue to expand.

There are many players in my country’s fast-charging battery market, mainly including Sunwanda Electronics Co., Ltd., Guangzhou Penghui Energy Technology Co., Ltd., Intercontinental Oil and Gas Co., Ltd., Guangzhou Automobile Group Co., Ltd., Wuxi Kaipadri Technology Co., Ltd., Huizhou Wotaili Technology Co., Ltd., etc. Sunwanda focuses on the R&D, production and sales of lithium-ion battery modules. The company’s independently developed SFC480 super fast-charge battery can achieve a cruising range of 700 kilometers on a single charge. This product has now been produced in small batches.

Industry analysts said that with the accelerated development of the new energy vehicle industry, my country’s fast-charging battery market demand is increasingly strong. As a representative product of fast-charging batteries, fast-charging lithium-ion batteries have a growing market share. In recent years, driven by national policy support and the technological innovation of local companies, the quality and output of my country’s fast-charging batteries have continued to improve, and the industry’s development prospects continue to improve.