Market Growth Analysis (MGA)’s Post

📈【SMM Analyse】𝐂𝐡𝐢𝐧𝐚'𝐬 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐡𝐨𝐰𝐬 𝐒𝐭𝐫𝐨𝐧𝐠 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐢𝐧 𝐁𝐨𝐭𝐡 𝐄𝐕 𝐚𝐧𝐝 𝐄𝐧𝐞𝐫𝐠𝐲 𝐒𝐭𝐨𝐫𝐚𝐠𝐞 𝐒𝐞𝐜𝐭𝐨𝐫𝐬 In China, September is set to see continued growth in lithium battery production and supply, driven by strong demand from the market. 𝗙𝗿𝗼𝗺 𝘁𝗵𝗲 𝘀𝘂𝗽𝗽𝗹𝘆 𝘀𝗶𝗱𝗲, in August 2024, both EV and energy storage battery demand saw notable growth, driving a 𝟗.𝟕% 𝐌𝐨𝐌 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞 in China's battery cell production, reaching 117.55 GWh. 𝐍𝐂𝐌 𝐛𝐚𝐭𝐭𝐞𝐫𝐲 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐠𝐫𝐞𝐰 𝐛𝐲 𝟗%, 𝐚𝐧𝐝 𝐋𝐅𝐏 𝐛𝐚𝐭𝐭𝐞𝐫𝐢𝐞𝐬 𝐬𝐮𝐫𝐠𝐞𝐝 𝐛𝐲 𝟏𝟓.𝟒%. 𝐎𝐧 𝐭𝐡𝐞 𝐝𝐞𝐦𝐚𝐧𝐝 𝐟𝐫𝐨𝐧𝐭, EV sales performed strongly, fueled by policy support like vehicle replacement incentives, while energy storage installations also exceeded expectations. LFP batteries continue to gain market share due to higher-than-expected demand, with the market poised for further growth in the coming months. The production of lithium battery cell is 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐡𝐢𝐭 𝟏𝟐𝟖.𝟑𝟗 𝐆𝐖𝐡 in September, continuing this upward trend. 🎊 Exciting times ahead for the battery industry! Looking to obtain more data on lithium battery and new energy section in China and all over the world? 💡 Stay tuned for our upcoming #CLNB2025 event. 🗓 𝘼𝙋𝙍𝙄𝙇 16 - 18, 2025 | 📍 𝙎𝙪𝙯𝙝𝙤𝙪, 𝘾𝙝𝙞𝙣𝙖 #EVs #BatteryTechnology #EnergyStorage #ChinaMarket #LFP #SustainableEnergy #NCMbattery #LFPbattery #lithium #lithiumbattery

𝐒𝐨𝐥𝐢𝐝-𝐬𝐭𝐚𝐭𝐞 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐢𝐳𝐞, 𝐒𝐡𝐚𝐫𝐞, 𝐃𝐞𝐦𝐚𝐧𝐝 𝟐𝟎𝟑𝟎 Anticipating a remarkable surge in the global solid-state battery market, with projected revenue soaring to approximately US$1.7 Bn by 2030, marking a staggering expansion at a CAGR of 31.3% from 2023 to 2030! 𝗧𝗼 𝗞𝗻𝗼𝘄 𝗚𝗹𝗼𝗯𝗮𝗹 𝗦𝗰𝗼𝗽𝗲 𝗮𝗻𝗱 𝗗𝗲𝗺𝗮𝗻𝗱 𝗼𝗳 𝐒𝐨𝐥𝐢𝐝-𝐬𝐭𝐚𝐭𝐞 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭. 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/gkDW_-9n 🔍 𝐊𝐞𝐲 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 1️⃣ Solid-state batteries poised to revolutionize various industries including consumer electronics, electric vehicles, medical, and energy storage, potentially replacing lithium-ion batteries. 2️⃣ Consumer electronics sector, accounting for over 35% share currently, expected to gradually decline in the next seven years. 3️⃣ Battery capacities above 20 mAh remain the top choice, commanding over 60% market share in 2022. 4️⃣ Oxide technology leads the market, contributing to approximately 77% of revenue in 2022. 5️⃣ Asia Pacific dominates the market with over 55% share, with Japan and China leading in heavy-duty solid-state battery technology. *𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 : Industrial, Consumers Electronics, EVs, Energy Storage, Others *𝐁𝐲 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 : Polymer, Oxides, Sulphides *𝐁𝐲 𝐂𝐚𝐩𝐚𝐜𝐢𝐭𝐲: Below 20 mAh, Above 20 mA *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: Toyota Motor Corporation, QuantumScape, Factorial Energy, BASQUEVOLT , Prologium Technology 輝能科技, Solid Power, Inc., LG Chem, Samsung SDI, Albemarle Corporation, Hyundai Motor Company (현대자동차), Brightvolts Solution, Others #solidstatebatteries #solidstatebattery #solidstatebatterymarket #battery #batterytechnology #batteries #batteryinnovation #batterystorage #batteryenergystorage

💡 Solid-state and Lithium Metal Batteries Chart of the Quarter 🧠 Key thought: Is the early commercial push for semi-solid-state batteries in the China domestic market a play for first mover advantage in manufacturing and supply chains? 🔋 NIO and IM Motors each put their first semi-solid-state powered EVs on sale in 2024, with first delivery of physical EVs expected in H1 2025 - but these technologies use traditional anode materials, rather than next-generation (silicon or lithium metal) anodes, limiting upside performance. 📈 Despite this, these battery packs have already shown great potential - with NIO live streaming a 1,000 km drive in December 2023 - and these companies and their battery providers, WeLion New Energy Technology and Qingtao Energy Development Group, have secured first mover advantage from a manufacturing and supply chain perspective. ⚖️ Ultimately, everything is a balance - and solid-state batteries are no different. These first movers will begin to establish supply chains, have the opportunity to begin optimising oxide solid electrolyte manufacturing on a GWh-scale, and get real-world feedback from their cells and packs. ⚡ Although limiting performance by using a traditional silicon-graphite composite anode is not the solid-state that has been promised, it could be a key stepping stone for the industry to answer questions that surround manufacturing feasibility - a key challenge to assessing mass market commercial viability. 🌍 And next-generation solid-state batteries using high energy density (silicon and lithium metal) anodes are coming - with innovators around the world pursuing demonstration facilities by 2026/27 and commercial EVs by the end of the decade. 💰 Cost remains a critical question - for mass market EV penetration, any emerging battery technology must compete with traditional lithium-ion on a $/kWh basis. Modelling cost of next-generation technologies is a core focus of Benchmark's New Technology team today. 📩 If you have any questions about solid-state and lithium metal batteries - or any emerging battery technology, please don't hesitate to get in touch! #battery #cleanenergy #solidstatebattery

𝗡𝗖𝗔 𝗕𝗮𝘁𝘁𝗲𝗿𝘆 (𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗡𝗶𝗰𝗸𝗲𝗹 𝗖𝗼𝗯𝗮𝗹𝘁 𝗔𝗹𝘂𝗺𝗶𝗻𝘂𝗺 𝗢𝘅𝗶𝗱𝗲 𝗕𝗮𝘁𝘁𝗲𝗿𝘆) 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟬. 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 The report offers a comprehensive overview of the NCA Battery (Lithium Nickel Cobalt Aluminum Oxide Battery) industry chain development, encompassing the market status of Battery Electric Vehicles (with Co content at 15% and 10%) and Hybrid Electric Vehicles (with Co content at 15% and 10%). It delves into key enterprises in both developed and developing markets, analyzing cutting-edge technology, patents, hot applications, and market trends of NCA Battery. Regionally, North America and Europe show steady growth due to government initiatives and increased consumer awareness, while Asia-Pacific, led by China, dominates the global NCA Battery market with strong domestic demand, supportive policies, and a robust manufacturing base. The report provides a holistic understanding of the NCA Battery market, offering insights into market dynamics, trends, challenges, and opportunities within the industry. 𝗧𝗼 𝗞𝗻𝗼𝘄 𝗙𝘂𝘁𝘂𝗿𝗲 𝗗𝗲𝗺𝗮𝗻𝗱 𝗮𝗻𝗱 𝗦𝗶𝘇𝗲 𝗼𝗳 𝗡𝗖𝗔 𝗕𝗮𝘁𝘁𝗲𝗿𝘆 (𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗡𝗶𝗰𝗸𝗲𝗹 𝗖𝗼𝗯𝗮𝗹𝘁 𝗔𝗹𝘂𝗺𝗶𝗻𝘂𝗺 𝗢𝘅𝗶𝗱𝗲 𝗕𝗮𝘁𝘁𝗲𝗿𝘆) 𝗠𝗮𝗿𝗸𝗲𝘁. 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/dvBeRvDp *𝗕𝘆 𝗧𝘆𝗽𝗲: Co content 15%, Co content 10% *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Battery Electric Vehicle, Hybrid Electric Vehicle, Others *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: Panasonic, Samsung SDI, Automotive Energy Supply Corporation., LG Chem #NCABattery #LithiumNickelCobaltAluminumOxide #BatteryTechnology #ElectricVehicles #HybridVehicles #MarketAnalysis #TechnologyTrends #EnergyStorage #RenewableEnergy #AsiaPacificMarket #NorthAmericaMarket #EuropeMarket #InnovationInBatteryTechnology #SustainableEnergy #MarketOverview #NCAChemistry #BatteryDevelopment #EnergyTransition #GovernmentInitiatives #ConsumerAwareness #ManufacturingIndustry

LCE price and LFP battery price is dropping 📉 and is likely to remain low for a while. Datang Group's bidding result was out yesterday and we see USD90+ per kWh on system level. The low LFP ESS battery price leads to a lack of motivation for manufacturers to advance sodium-ion battery technology. That's been said, the industry is still interested in sodium-ion batteries and we now see non-Chinese players join the game. Sodium-ion batteries still have some unique advantages and will still be developed, but at a slower pace. What do you think? Do you advocate Na-ion technology? Our Q1 BESS Quarterly Outlook is now out where we discuss the latest technology trends as well as our outlook for this year, you can request the highlights video here: https://bit.ly/3HYMkRp #BESS #EnergyStorage #Sodiumionbattery #RhoMotion #BatteryTechnology Northvolt Tiamat Energy #HiNaBattery Contemporary Amperex Technology Co., Limited

𝗣𝗼𝘄𝗲𝗿 𝗕𝗮𝘁𝘁𝗲𝗿𝘆 𝗣𝗔𝗖𝗞 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟱-𝟮𝟬𝟯𝟬. 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗼𝗿 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻: https://lnkd.in/d6RW32a8 The Power Battery Pack industry encompasses lithium-ion battery packs, which include packaging, assembly, and the formation of specific shapes based on customer requirements. A power battery module refers to a combination of battery cells that provide electrical energy after being combined in series and parallel and protected by a circuit board and shell, forming a secondary structure of the power battery system. Power battery cells are made from various materials such as lithium cobaltate, lithium manganate, lithium iron phosphate, and ternary materials like nickel cobalt lithium manganate. This report provides an overview of the global Power Battery Pack market, analyzing trends, historical revenue data from 2019 to 2023, estimates for 2024, and CAGR projections through 2030. It also explores key producers, regional market revenue, and focuses on potential market growth in various countries, including the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other regions. *𝗕𝘆 𝗧𝘆𝗽𝗲: Cylinder PACK, Square PACK, Soft PACK *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Automobile, Aircraft, Ship Others *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: Panasonic, LG Chem, Samsung Electronics, GOTION HIGH-TECH, BYD, Tesla, Dongguan Power Long Battery Technology Co., Ltd., Farasis Energy, Shenzhen Desay Battery Technology Co., Ltd, China Aviation Lithium Battery Co.,Ltd, Shandong Goldencell Electronics Technology Co., Ltd Shenzhen Branch #PowerBatteryPack #LithiumIonBatteries #BatteryPackAssembly #PowerBatteryModule #ElectricVehicleBatteries #BatteryTechnology #EnergyStorage #BatteryManagementSystem #EnergySolutions #BatteryCells #LithiumIronPhosphate #TernaryLithiumBatteries #BatteryPackDesign #EVBatteryPack #EnergyDensity #BatteryPackaging #PowerBatterySystem #RenewableEnergyStorage #BatteryManufacturing #SmartBatterySystems

𝟮𝟲𝟲𝟱𝟬 𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗕𝗮𝘁𝘁𝗲𝗿𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟬. 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 The report offers a comprehensive overview of the 26650 Lithium Battery industry chain development, examining the market status of Automotive (Lithium Cobalt Acid Battery, Lithium Iron Phosphate Battery) and Energy Reserve (Lithium Cobalt Acid Battery, Lithium Iron Phosphate Battery). It highlights key enterprises in both developed and developing markets, analyzing cutting-edge technology, patents, applications, and market trends of 26650 Lithium Battery. Regionally, North America and Europe show steady growth fueled by government initiatives and increasing consumer awareness, while Asia-Pacific, particularly China, dominates the global market with strong domestic demand, supportive policies, and a robust manufacturing base. The report provides a comprehensive understanding of the 26650 Lithium Battery market, presenting a holistic view of the industry, detailed insights into individual components and stakeholders, and an analysis of market dynamics, trends, challenges, and opportunities within the sector. 𝗧𝗼 𝗞𝗻𝗼𝘄 𝗗𝗲𝗺𝗮𝗻𝗱 𝗼𝗳 𝟮𝟲𝟲𝟱𝟬 𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗕𝗮𝘁𝘁𝗲𝗿𝘆 𝗠𝗮𝗿𝗸𝗲𝘁. 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/dYzebBza *𝗕𝘆 𝗧𝘆𝗽𝗲: Lithium Cobalt Acid Battery, Lithium Iron Phosphate Battery, Other Materials Battery *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Automotive, Energy Reserve, Other *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: Panasonic, Samsung Electronics, LG Chem, CBAK Power Battery Co., Ltd, Shandong Goldencell lithium ion battery, OptimumNano Energy Co.,Ltd, Shenzhen Himax Electronics Co., Ltd., Wiltson New Energy Tech. Co., Ltd #26650Battery #LithiumBattery #BatteryIndustry #AutomotiveBattery #EnergyReserve #TechnologyTrends #MarketAnalysis #BatteryDevelopment #GlobalMarket #AsiaPacificMarket #NorthAmericaMarket #EuropeMarket #Innovation #ManufacturingBase #GovernmentInitiatives #ConsumerAwareness #MarketDynamics #IndustryInsights #EnergyStorage #ElectricVehicles #RenewableEnergy #TechnologyPatents #MarketTrends

𝗕𝗮𝘁𝘁𝗲𝗿𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟭. 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁. 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲: https://lnkd.in/dKjTAxzZ This research study utilized both primary and secondary data sources to examine various factors influencing the battery industry, including government policies, market environment, competitive landscape, historical data, current trends, technological innovations, and emerging technologies. The analysis also addressed industry-related technical advancements, market risks, opportunities, barriers, and challenges. The report provides an overview of the battery industry's development, focusing on the market status of home use (Lead Acid, Lithium Ion, and Nickel Metal Hydride) and commercial use, key enterprises in both developed and developing markets, and explored cutting-edge technology, patents, popular applications, and market trends. *𝗕𝘆 𝗧𝘆𝗽𝗲: Lead Acid, Lithium Ion & Nickel Metal Hydride *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Home Use, Commercial Use *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: Johnson Controls, LG Chem, Panasonic, Samsung Electronics, GS Yuasa, Exide Group, EnerSys, East Penn Manufacturing, BYD, The Duracell Company, Energizer Holdings, Tianjin Lishen Battery Joint-Stock Co., Ltd., Sony, GP Batteries, C&D Technologies, Maxell Group, NANFU BATTERY, FUJIFILM Corporation, Zhongyin (Ningbo) Battery Co., Ltd) #BatteryTechnology #LithiumIonBattery #LeadAcidBattery #NickelMetalHydride #EnergyStorage #BatteryInnovation #RechargeableBattery #BatteryMarket #BatteryManufacturing #ElectricVehicleBattery #SustainableEnergy #BatterySafety #BatteryEfficiency #HomeEnergyStorage #BatteryRecycling #PortablePower #BatteryCapacity #SmartBattery #BatteryApplications #BatteryIndustryTrends

𝗦𝗠𝗙 𝗕𝗮𝘁𝘁𝗲𝗿𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟭. 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁. 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/dF87ptZu The report offers a comprehensive overview of the SMF Battery industry chain, focusing on the market status of Telecom Systems and UPS sectors, highlighting AGM and Gel batteries. It examines key enterprises in both developed and developing markets, along with cutting-edge technologies, patents, popular applications, and market trends. Regionally, North America and Europe are experiencing steady growth due to government initiatives and rising consumer awareness, while Asia-Pacific, particularly China, dominates the global SMF Battery market, driven by strong domestic demand, supportive policies, and a robust manufacturing base. Overall, the report analyzes market dynamics, trends, challenges, and opportunities within the SMF Battery industry, providing detailed insights into individual components and stakeholders. *𝗕𝘆 𝗧𝘆𝗽𝗲: AGM Battery, Gel Battery *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Telecom System, UPS, Emergency Lighting, EPS, Power System, Automotive, Motorcycles and Electric Bikes, Others *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: Exide Industries Limited, EnerSys, Shenzhen Coslight Power Technology Co., Ltd., Trojan Battery Company, Johnson Controls, GS Yuasa, East Penn Manufacturing Co., Sebang Battery, Fiamm Energy Technology, HOPPECKE Batteries, Leoch Battery, Sacred Sun Power Sources Co., Ltd., Battery Storage Systems , Amararaja Batteries Limited, C&D Technologies, Chaowei Power Holdings Ltd #SMFBattery #AGMBattery #GelBattery #TelecomSystems #UPS #EnergyStorage #BatteryTechnology #RenewableEnergy #BatteryMarket #NorthAmericaBattery #EuropeBattery #AsiaPacificBattery #BatteryManufacturing #MarketTrends #ConsumerAwareness #GovernmentInitiatives #BatteryInnovation #EnergySolutions #SustainableEnergy #CleanTechnology

Report highlights battery industry trends Shenzhen-based GGII, an organization focusing on the lithium battery industry chain, recently released its 2024 Blue Book on the Development of China's Big Cylindrical Lithium Battery Industry. The report comprehensively reviews the industry's technical and technological breakthroughs and trends, and provides an analysis of the current market landscape and future development trends. Increasing demand for lithium batteries has led to the continued growth of cylindrical lithium battery shipments, the report noted. GGII expects that China's cylindrical lithium battery shipments will exceed 400 GWh by 2030, with a compound growth rate of over 50.1 percent from 2023 to 2030. The Blue Book also said big cylindrical batteries stand out in several market segments in 2024, projecting over 100 percent year-on-year shipment growth in residential energy storage, portable energy storage, and two-wheeler markets. As the use of lithium batteries becomes more widespread, users are demanding battery cells with better performance. In this case, battery providers are investing more in research and development, focusing on optimizing and innovating material formulations and production technologies. For example, the energy density of producer BAK Battery's third-generation big cylindrical battery cell has reached 300 Wh/Kg and the manufacturer has developed an exclusive low-temperature electrolyte formulation, enabling batteries to maintain exceptional discharge performance even in harsh environments. Furthermore, the Blue Book predicts that the period from 2025 to 2030 will mark an acceleration phase in the industrialization of the new 4680 big cylindrical battery, as production lines for such batteries are gradually being established. #WBE #Battery #ENERGYSTORAGE