Inx Technology Solid-State Battery Layout: Phase I 2 GWh Production Line at East China Base Completed and Delivered

SMM November 20 News:
Highlights: Inx Technology focuses on oxide solid-state electrolyte and lithium metal anode technology, achieved a breakthrough in 2022 with a solid-state battery exceeding 450 Wh/kg, established a pilot production line in 2023, achieved commercialization in areas such as eVTOL in 2024, and raised over 1 billion yuan in funding.

Now, let's take a look at the rapid development history of Inx Technology's solid-state battery business and understand its technical route of oxide solid-state electrolyte and lithium metal anode.
Inx Technology's high-energy-density solid-state battery features unique technical processes, overcoming the challenges of using lithium metal anodes and solid-solid interfaces. A major breakthrough was achieved in 2022 with the successful development of a high-energy, high-safety lithium metal solid-state battery prototype boasting an energy density exceeding 450 Wh/kg and capable of 1,000 cycles.
In early 2023, the company began establishing China's first pilot production line for solid-state batteries with an energy density ≥450 Wh/kg, with an annual capacity of 200 MWh. Leveraging this production line, the company has successfully introduced its products into various end-use applications including eVTOL, robotics, drones, high-end wearables, and consumer devices. In 2024, Inx Technology continued to make breakthroughs in commercialization, not only signing bulk procurement agreements with leading global eVTOL enterprises but also achieving mass delivery of its consumer solid-state battery products. Concurrently, the company reached strategic cooperation agreements with leading NEV manufacturers to develop high-energy-density solid-state battery solutions for next-generation EV platforms. To meet rapidly growing market demand, the construction of the company's GWh-scale mass production line is nearing completion.

Development History
2020-2022: Founding team established the company/industrial capital investment, solid-state battery successfully industrialized, strategic cooperation agreements with target customers.
2023: 200 MWh (Zhuhai) production line construction completed, consistency and yield rate improved, batch deliveries to customers.
2024: East China base 5 GWh capacity construction launched in phases, assisted eVTOL in completing full-scenario flight verification, achieving a doubling of driving range.
2025: East China base Phase I 2 GWh production line completed and delivered to eVTOL, drone, and consumer electronics customers; East China base Phase II 3 GWh production line construction initiated.

Financing Status
Since 2022, the company has intensively completed six rounds of financing with an impressive roster of participating investment institutions, including Gaoling Venture, Fenghe Capital, Haichuang Fund, Yihong Equipment, Oriental Fortune Capital, Silk Road Golden Bridge, Qianhai Mother Fund, EHang, Fortune Capital, Guochen Venture Capital, as well as EHang and Desay Battery.
In September 2023, Inx Technology secured Pre-A+ round financing led by Gaoling Venture, with participation from Qianhai Mother Fund, customer EHang, and existing shareholder Fenghe Capital, totaling nearly 100 million yuan, valuing the company at over 1 billion yuan at that time.
January 2, 2024: The latest round of financing, a Pre-A++ round, received investment from Fortune Capital and Guochen Venture Capital.

Inx Technology Profile
Shenzhen Inx Technology Co., Ltd., founded in 2020, is a state-recognized high-tech enterprise and a specialized, sophisticated, distinctive, and innovative SME. Inx Technology focuses on the R&D and production of high-energy, high-safety lithium metal solid-state batteries, serving eVTOL, drones, embodied robotics, consumer electronics, power, and other fields. As a pioneer in the commercial application of solid-state batteries, Inx Technology successfully achieved the world's first full-scenario flight verification of its "Falcon" solid-state battery on a manned eVTOL on November 1, 2024, with a notarized flight duration of 48 minutes and 10 seconds, setting a new industry record and leading by a margin exceeding double. The company's headquarters is located in Longhua, Shenzhen. It has completed construction of its Zhuhai production site (200 MWh) and its US Silicon Valley R&D center. Its East China headquarters and mass production line (2 GWh) are soon to be established. In the future, Inx Technology will continue to dedicate itself to promoting technological innovation and development in the industry, leading revolutionary changes in the energy sector, and improving the quality of human life.
In September 2023, Inx Technology achieved the operation of the nation's first 200 MWh lithium metal solid-state battery production line. Currently, it owns approximately 5,000 m² of solid-state battery R&D centers in California, US, and Shenzhen, and has built a 20,000 m² production site in Zhuhai.

Inx Technology Updates
[Solid-State Battery: Tiantie Technology Announcement States Lithium Metal Consumption in Solid-State Batteries is 100 mt/GWh] Tiantie Technology cooperates with Inx Technology, supplying lithium metal for its solid-state batteries used in high-energy-density applications, with an annual procurement volume no less than 100 mt over a 5-year cooperation period. Regarding unit consumption: preliminary estimates indicate that 1 GW of capacity requires approximately 100 mt of lithium metal anode material.
[Solid-State Battery: 400 Million Yuan Order for Copper-Lithium Composite Strip] News on August 4, 2025, Tiantie Technology announced that Anhui Tiantie Lithium Battery New Energy Co., Ltd. and Zhuhai Inx Technology Co., Ltd. signed a "Procurement Framework Agreement". Based on this framework agreement, both parties signed a "Framework Agreement Purchase Order" for Zhuhai Inx to procure copper-lithium composite strips from Anhui Tiantie, with an order value of 400 million yuan.
[Project Landed in Changzhou] On May 21, 2024, Shenzhen Inx Technology Co., Ltd. signed an agreement with Changzhou Jintan Economic Development Zone, successfully landing a new-generation lithium metal solid-state battery project with a total investment of approximately 3 billion yuan. The project is planned to commence construction in September 2024, be built in two phases, with a planned total capacity of 5 GWh. This doubled the company's originally planned 2 GWh capacity for 2024. The company's website disclosed that 1 GWh capacity had been landed within the year, with mass deliveries to consumer customers.
[Hymson Collaborates with Inx Technology] Hymson announced on July 3, 2024, that it signed a "Strategic Cooperation Framework Agreement" with Shenzhen Inx Technology Co., Ltd. Hymson will leverage its advantages in equipment manufacturing to provide Inx Technology with advanced production equipment and technical support. Both parties will strengthen cooperation across the industry chain to jointly build a complete solid-state battery industry chain. Inx Technology will prioritize procurement of required equipment from Hymson, and Hymson will provide Inx Technology with complete line equipment solutions.

According to SMM projections, all-solid-state battery shipments are expected to reach 13.5 GWh by 2028, while semi-solid-state battery shipments are forecast to reach 160 GWh. By 2030, global lithium-ion battery demand is estimated to be around 2,800 GWh, with the compound annual growth rates from 2024 to 2030 for lithium-ion battery demand in EVs, ESS, and consumer electronics at approximately 11%, 27%, and 10%, respectively. The global penetration rate of solid-state batteries is projected to be around 0.1% in 2025, and is expected to reach about 4% for all-solid-state batteries by 2030. By 2035, the global penetration rate of solid-state batteries may approach 10%.

**Note:** For further details or inquiries regarding solid-state battery development, please contact:
Phone: 021-20707860 (or WeChat: 13585549799)
Contact: Chaoxing Yang. Thank you!