Cathay Pacific Haitong released a research report saying that with favorable policy releases and continuous breakthroughs in technology, the solid-state battery industrialization process continues to accelerate. As pilot lines are launched one after another and mass production line construction accelerates, 2027 is expected to be the first year of solid-state battery industrialization, and the equipment and materials sector is expected to take the lead in benefiting from industrial expansion. On the equipment side, solid state battery pilot and mass production line construction is progressing at an accelerated pace, driving demand for new process equipment such as dry electrodes, isostatic pressure, and lamination. Leading battery customers have already initiated tenders for GWh-scale mass production lines, and orders are gradually being implemented.

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