Semi Solid State Battery Market

Semi Solid State Battery Market Size

The global semi solid state battery market was valued at USD 25 million in 2024. The market is expected to grow from USD 43.8 million in 2025 to USD 2.9 billion by 2034, at a CAGR of 59.1%, according to Global Market Insights Inc.

• Semi-solid state batteries offer higher energy density than conventional lithium-ion cells, enabling longer driving ranges and more compact designs. This advantage is crucial for electric vehicles, drones, and portable electronics, where space and weight constraints are critical. As demand for high-performance energy solutions grows, this feature positions semi-solid batteries as a preferred choice across multiple industries.
  
• By combining solid electrolytes with liquid components, semi-solid state batteries reduce flammability and thermal runaway risks. This hybrid design enhances safety without compromising performance, making them ideal for electric vehicles and grid storage. As safety regulations tighten globally, manufacturers are increasingly turning to semi-solid technologies to meet compliance and consumer expectations.
  
• Semi-solid state batteries support faster ion transport, enabling quicker charging times compared to traditional lithium-ion batteries. This feature is especially attractive for EVs and consumer electronics, where convenience and reduced downtime are key. As fast-charging infrastructure expands, the demand for compatible battery technologies like semi-solid cells is expected to surge.
  
• In July 2025, CNBC reported that automakers like Volkswagen, Mercedes-Benz, and Stellantis are accelerating semi-solid-state battery timelines. The launch of oxide-based semi-solid EVs by NIO and IM Motors has reignited industry momentum. Semi-solid batteries are seen as a practical bridge to full solid-state, offering improved safety and manufacturability while enabling longer-range EVs.
  
• The semi-solid architecture minimizes dendrite formation and degradation, extending battery lifespan. This durability reduces replacement frequency and total cost of ownership, making the technology attractive for fleet operators, renewable energy systems, and industrial applications. Longer cycle life also supports sustainability goals by reducing waste and resource consumption.
  
• In August 2025, Farasis Energy secured key orders for its semi-solid-state batteries from clients including Sany, FAW Jiefang, and a leading U.S. eVTOL manufacturer. The batteries are being produced at Farasis’ facilities in Ganzhou, Guangzhou, and Zhenjiang. With production costs only 5–10% higher than liquid batteries, Farasis is positioning semi-solid technology as a cost-effective alternative for high-performance mobility and aerial platforms.
  
• Semi-solid state batteries can often be produced using modified versions of existing lithium-ion manufacturing lines. This compatibility lowers capital investment barriers and accelerates commercialization. Manufacturers can transition more smoothly to advanced battery technologies without overhauling their entire production infrastructure, making semi-solid solutions economically viable.
  
• The global shift toward electric mobility is a major driver for semi-solid state battery demand. Automakers seek safer, longer-lasting, and higher-capacity batteries to meet consumer expectations and regulatory targets. Semi-solid batteries offer a balanced solution, supporting the next generation of EVs with improved performance and reliability.
  
• Semi-solid batteries are well-suited for grid-scale energy storage, supporting intermittent renewable sources like solar and wind. Their safety, scalability, and long cycle life make them ideal for stabilizing power supply and enabling energy arbitrage. As countries invest in clean energy infrastructure, demand for advanced storage solutions is rising.
  Semi Solid State Battery Market Report Attributes

  Key Takeaway	Details
  Market Size & Growth
  Base Year	2024
  Market Size in 2024	USD 25 Million
  Market Size in 2025	USD 43.8 Million
  Forecast Period 2025 - 2034 CAGR	59.1%
  Market Size in 2034	USD 2.9 Billion
  Key Market Trends
  Drivers	Impact
  Rising demand for safer and high-performance electric vehicles	Semi solid state batteries mitigate these risks by incorporating solid or gel-like electrolytes that are less volatile. This structural advantage significantly enhances thermal stability and reduces the likelihood of catastrophic failures
  Expansion of renewable energy and grid storage applications	The global shift toward renewable energy sources like solar and wind has created an urgent need for efficient and reliable energy storage systems. Semi solid state batteries offer a compelling solution due to their high energy density, long cycle life, and enhanced safety
  Pitfalls & Challenges	Impact
  Manufacturing scalability and commercialization challenges	One of the most significant challenges facing the semi solid state battery market is the difficulty in scaling production from laboratory prototypes to commercial volumes
  Opportunities:	Impact
  Enhanced energy density for next-gen EVs	Semi-solid state batteries offer higher energy density than traditional lithium-ion cells, enabling longer driving ranges and lighter battery packs
  Safer, scalable storage for grid applications	With reduced flammability and improved thermal stability, semi-solid state batteries present a safer alternative for large-scale energy storage systems, supporting the global shift toward renewable energy and grid resilience.
  Market Leaders (2024)
  Market Leaders	WeLion 80% market share
  Top Players	WeLion Factorial Energy Zendure Farasis Energy Vivo • collective market share in 2024 is 100%
  Competitive Edge	WeLion New Energy is a Chinese innovator leading the semi-solid state battery space. Its high-energy-density solutions, like the 150 kWh pack in NIO’s ET7, enable longer EV range and safety. Factorial Energy, based in the U.S., develops semi-solid state batteries using its proprietary FEST technology. Backed by major automakers, it focuses on scalable, safe, and high-performance energy storage for EVs.
  Regional Insights
  Largest market	Asia Pacific
  Fastest growing market	North America
  Emerging countries	U.S., Australia, China, UK
  Future outlook	As nations accelerate clean energy transitions, gravity-based storage is poised for growth, driven by supportive policies, decarbonization goals, and demand for sustainable, long-duration energy storage solutions. Ongoing innovations in materials, automation, and system design will enhance efficiency and reduce costs, making gravity-based storage increasingly competitive against chemical batteries and other long-duration technologies.

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Semi Solid State Battery Market Trends

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• Collaborations between battery startups and automotive giants are accelerating semi-solid state battery development. These partnerships bring together technical expertise, funding, and market access, fast-tracking innovation and deployment. As more OEMs invest in semi-solid technologies, the market is poised for rapid growth and diversification.
  
• Supportive policies, subsidies, and R&D grants are fueling innovation in advanced battery technologies. Governments worldwide are prioritizing energy security and sustainability, encouraging the adoption of safer and more efficient batteries. Semi-solid state batteries benefit from these initiatives, gaining traction in both public and private sectors.
  
• For reference, in May 2025, Factorial Energy achieved a breakthrough with Stellantis by validating FEST cells featuring lithium-metal anodes and quasi-solid electrolytes. These cells demonstrated over 600 cycles and high discharge rates, supporting real-world EV performance. The collaboration includes optimizing pack architecture and vehicle integration, with Stellantis preparing for fleet deployment to further validate the technology.
  
• In aerospace, robotics, and portable electronics, weight reduction is critical. Semi-solid state batteries offer high energy density in a lighter form factor, enabling longer operation times and improved efficiency. This advantage is driving adoption in sectors where every gram counts, expanding the market beyond automotive applications.
  
• Breakthroughs in electrolyte and electrode materials are enhancing the performance of semi-solid state batteries. Innovations in lithium-metal anodes, polymer electrolytes, and cathode coatings are improving conductivity, stability, and manufacturability. These developments are making semi-solid batteries more competitive and commercially viable.
  
• Consumers increasingly demand longer battery life, faster charging, and safer devices. Semi-solid state batteries address these needs, offering a superior user experience. As awareness grows, consumer electronics and EV manufacturers are adopting this technology to differentiate their products and meet evolving market expectations.
  
• For instance, in September 2025, WeLion New Energy and BASF reached a milestone in semi-solid-state battery commercialization. BASF shipped its first batch of ultra-high nickel cathode materials to WeLion, addressing interface instability in solid-state designs. These materials will be used in WeLion’s next-gen semi-solid packs for EVs, drones, and grid storage, signaling industrial readiness and deeper integration into global supply chains.
  
• Semi-solid state batteries can reduce reliance on scarce or volatile raw materials used in traditional lithium-ion cells. By enabling alternative chemistries and more efficient use of resources, they support supply chain resilience. This flexibility is becoming increasingly important amid geopolitical tensions and resource constraints.
  
• Companies and governments are setting ambitious carbon neutrality targets. Semi-solid state batteries contribute by offering longer lifespans, safer disposal, and reduced environmental impact. Their role in enabling clean transportation and renewable energy storage aligns with global sustainability efforts, driving market growth.
  
• For illustration, in September 2025, Farasis Energy announced mass production of semi-solid-state batteries across its Chinese facilities. With clients like GAC, Dongfeng, and Geely’s Volocopter, Farasis is scaling flexible GWh-level lines. The company’s roadmap includes second- and third-generation batteries with energy densities up to 400 Wh/kg. Farasis also revealed plans to expand into humanoid robotics and overseas markets, reinforcing its leadership in semi-solid and solid-state battery innovation.
  
• Venture capital and corporate investments in battery startups are fueling innovation in semi-solid technologies. These funds support R&D, pilot production, and commercialization, accelerating time-to-market. As investor confidence grows, more resources are being directed toward scaling semi-solid battery solutions.
  
• With solid-state and lithium-silicon technologies advancing, semi-solid state batteries are gaining attention as a near-term solution. Their hybrid nature offers a practical balance between performance and manufacturability. As competition intensifies, companies are adopting semi-solid designs to stay ahead in the race for battery innovation.
  

Semi Solid State Battery Market Analysis

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• Based on application, the industry is segmented into transportation, energy storage, UAV & aerospace, and others. The transportation segment dominated around 83.1% market share in 2024 and is expected to grow at a CAGR of 56.3% through 2034.
  
• Semi-solid state batteries offer higher energy density, enabling electric vehicles to travel longer distances on a single charge. This meets growing consumer expectations and regulatory targets for range, especially in long-haul and premium EV segments. Automakers are increasingly adopting this technology to differentiate their offerings and reduce range anxiety.
  
• The hybrid electrolyte design of semi-solid batteries reduces fire risks and thermal runaway, making them ideal for high-performance and luxury EVs. Enhanced safety features are crucial for consumer trust and regulatory compliance, especially in densely populated urban areas and emerging autonomous vehicle platforms.
  
• Urban transportation systems require quick turnaround times. Semi-solid batteries support faster charging, reducing downtime for electric taxis, buses, and delivery fleets. This capability enhances operational efficiency and supports the electrification of public and commercial transport networks.
  
• Electric scooters and motorcycles benefit from the lightweight nature of semi-solid batteries. These batteries offer high energy density without adding bulk, improving performance and handling. As two-wheeler electrification accelerates in Asia and Europe, semi-solid batteries are becoming a preferred solution.
  

• Semi-solid batteries provide stable, long-duration energy storage, supporting the integration of intermittent renewable sources like solar and wind. Their safety and scalability make them ideal for grid applications, helping utilities balance supply and demand while reducing reliance on fossil fuels.
  
• Commercial and industrial facilities are adopting modular energy storage systems powered by semi-solid batteries. These systems offer reliable backup power, peak shaving, and energy arbitrage. Their compact design and safety profile make them suitable for indoor installations and urban environments.
  
• Semi-solid batteries support decentralized energy models, including microgrids and community storage. Their long cycle life and low maintenance requirements make them ideal for remote or off-grid locations. This enables energy access in underserved regions and enhances resilience against grid outages.
  
• Advanced battery management systems in semi-solid batteries allow seamless integration with smart grid technologies. Real-time monitoring, predictive analytics, and demand response capabilities enhance grid efficiency and reliability. This supports the transition to intelligent, responsive energy networks.
  
• Unmanned aerial vehicles (UAVs) require lightweight batteries with high energy output. Semi-solid batteries meet these needs, enabling longer flight times and heavier payloads. This is critical for applications in surveillance, delivery, and agriculture.
  
• Aerospace applications demand batteries that perform reliably under extreme temperatures and pressure. Semi-solid batteries offer superior thermal stability, making them suitable for satellites, high-altitude drones, and space exploration missions. Their safety profile is a key advantage in these sensitive environments.
  

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• The U.S. semi solid state battery market is set to reach USD 677.3 million by 2034, driven by rising demand for safer, high-performance energy storage solutions in electric vehicles and grid systems. Semi-solid batteries offer a practical bridge between conventional lithium-ion and full solid-state technologies, combining enhanced safety with scalable manufacturing. Backed by automakers and startups, the U.S. is investing heavily in R&D and pilot production, positioning itself as a key player in next-gen battery innovation.
  
• Growth is further fueled by strategic partnerships and federal support, including clean energy incentives and advanced manufacturing grants. Semi-solid batteries are increasingly seen as viable for EVs, aerospace, and stationary storage due to their thermal stability and longer cycle life. As commercialization accelerates, U.S.-based companies like Factorial Energy are leading the charge, supported by global OEMs and a robust innovation ecosystem focused on energy density, safety, and cost-effectiveness.
  
• North America benefits from a robust research and innovation ecosystem, with universities, startups, and national labs driving semi-solid battery advancements. Government grants and private investments support pilot projects and commercialization, positioning the region as a leader in next-gen battery technologies.
  
• Major automakers like Ford, GM, and Stellantis are partnering with battery startups to integrate semi-solid batteries into future EV platforms. These collaborations accelerate development and validate the technology for large-scale deployment.
  
• Europe’s strong focus on sustainability and carbon neutrality is driving demand for safer, longer-lasting batteries. Semi-solid batteries align with EU goals for clean mobility and energy storage, supporting the region’s green transition. European automakers like Volkswagen, BMW, and Mercedes-Benz are investing in semi-solid battery technologies to meet stringent emissions targets. These efforts are supported by EU funding and cross-border research collaborations.
  
• Asia Pacific, led by China, South Korea, and Japan, dominates battery manufacturing. Companies like WeLion and Farasis are rapidly scaling semi-solid battery production, leveraging existing infrastructure and supply chains for cost-effective deployment.
  
• Governments in China and South Korea actively support semi-solid battery commercialization through subsidies, pilot projects, and industrial policy. These efforts accelerate market readiness and global competitiveness.
  
• Countries in Latin America, Africa, and Southeast Asia are adopting semi-solid batteries for electric mobility and off-grid energy solutions. Their safety and scalability make them ideal for regions with limited infrastructure.
  
• In regions like Africa, Latin America, and the Middle East, gravity storage offers a sustainable solution for energy access and grid reliability. Its low maintenance and long lifespan make it suitable for remote and off-grid areas. International development agencies are exploring gravity-based systems to support clean energy goals in emerging economies.
  

Semi Solid State Battery Market Share

• The top 5 companies in the semi solid state battery industry are WeLion, Factorial Energy, Farasis Energy, Zendure, and Vivo contributing around 100% of the market in 2024.
  
• WeLion New Energy has emerged as a dominant force in the semi-solid state battery market, leveraging its early-mover advantage and strong ties with Chinese EV manufacturers. Its strategic collaboration with NIO and other domestic automakers has positioned it as a preferred supplier for high-energy-density battery packs. WeLion’s vertically integrated approach—from R&D to large-scale manufacturing—has enabled it to scale rapidly and meet growing demand. Its focus on semi-solid technology, which balances safety and performance, has allowed it to carve out a niche in both electric mobility and stationary storage, reinforcing its leadership in China’s evolving energy ecosystem.
  
• Factorial Energy is gaining significant traction in the semi-solid state battery space through its innovative FEST® platform and strong backing from global automotive giants. While still in the pre-commercial phase, its partnerships with Mercedes-Benz, Stellantis, and Hyundai-Kia signal strong market confidence in its technology. Factorial’s approach emphasizes manufacturability and compatibility with existing lithium-ion infrastructure, giving it a strategic edge in scaling production. Its focus on safety, energy density, and long cycle life aligns with the evolving needs of EV manufacturers, positioning it as a key contender in the North American and European markets as commercialization efforts accelerate.
  

Semi Solid State Battery Market Companies

• WeLion
  reported revenue of USD 22.1 million in 2024. The company is known for supplying high-energy-density battery packs to NIO and other Chinese EV makers. With a hybrid electrolyte design, WeLion’s batteries offer enhanced safety and performance while remaining scalable for mass production. Strategic collaborations, including a recent milestone with BASF on cathode materials, are accelerating its commercialization efforts. WeLion’s vertically integrated model and expanding production footprint across China position it as a key enabler of next-generation electric mobility and energy storage solutions.
  
• Factorial
  Energy reported estimated revenues of over USD 29.4 million in 2024. The company recently validated automotive-sized cells with Stellantis, achieving high energy density and fast-charging capabilities. Factorial’s technology integrates seamlessly with existing lithium-ion infrastructure, enabling scalable and cost-effective manufacturing. Backed by Mercedes-Benz, Hyundai, and Kia, the company is preparing for commercial deployment through demonstration fleets. Its AI-driven electrolyte design and dry coating process enhance safety and performance, making Factorial a frontrunner in the U.S. and European semi-solid state battery markets.
  
• Farasis
  Energy reported an estimated annual revenue of around USD 364 million in 2024. The company has secured major clients including GAC, Dongfeng, and Geely’s Volocopter, highlighting its growing market presence. Farasis emphasizes cost-efficiency, with semi-solid batteries priced only slightly above conventional lithium-ion cells. Its flexible production lines support rapid scaling, while its roadmap includes second- and third-generation battery platforms. With a strong foothold in electric vehicles, eVTOLs, and robotics, Farasis is strategically positioned to lead the transition from semi-solid to all-solid-state battery technologies.
  

Major players operating in the semi solid state battery market are:

• CATL
• Factorial Energy
• Farasis Energy
• Grepow Ganfeng
• Lithium
• LG Energy Solution
• Narada Power
• QingTao Energy
• Tattu
• Vivo
• WeLion
• Zendure
• 24M
  

Semi Solid State Battery Industry News

• In September 2025, Farasis Energy announced plans to begin mass production of semi-solid-state battery in 2026, which is its third-generation product line. This battery includes solid electrolytes in both electrodes and uses in-situ solidification to reduce electrolyte content. With continued development, the company intends to improve energy density beyond its current soft-pack cells, reflecting its focus on pushing the boundaries of next-generation battery innovation.
  
• In July 2025, Farasis Energy announced that it is the exclusive supplier of second-generation semi-solid-state batteries for AutoFlight’s E20 eVTOL model. With rising demands for higher energy density, faster discharge rates, and enhanced safety in aerial mobility, the company emphasized the growing importance of advanced batteries in shaping the value of eVTOL aircraft. Farasis also highlighted the potential of its all-solid-state battery technology, which is expected to find future applications not only in eVTOLs but also in emerging fields such as humanoid robotics.
  
• In October 2023, LG Energy Solution Ltd. (LGES), established a production base for semi-solid-state batteries at its Ochang Energy Plant in Cheongju. This strategic move marks a transitional step toward the development of fully solid-state batteries, a technology considered the future of electric vehicle power systems. While LGES opts for a phased approach, its domestic competitors Samsung SDI and SK on are aiming to leap directly into solid-state battery production. The contrasting strategies highlight a pivotal moment in the race for next-generation battery innovation, with industry watchers keen to see which path proves more effective in terms of scalability, safety, and commercial viability.
  
• In September 2025, Welion and BASF have reached a key milestone in their collaboration on semi-solid-state battery technology. BASF Shanshan Battery Materials, a joint venture between BASF and Shanshan in China, has completed its first large-scale shipment of cathode active materials specifically developed for semi-solid-state cells to Welion. This delivery, achieved within a year of the project’s launch in August 2024, marks a significant step toward the commercial rollout of advanced battery materials and highlights the growing momentum behind next-generation energy storage solutions.
  

The semi solid state battery market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2021 to 2034, for the following segments:

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Market, By Application

• Transportation
• Energy Storage
• UAV & Aerospace
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Belgium
• Asia Pacific
  • China
  • South Korea
  • Japan
  • Australia
• Rest of World