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From the statistical data, it is not difficult to find that all mainstream power lithium-ion battery manufacturers, from first tier CATL and BYD, to second tier Guoxuan High Tech, China Innovation Aviation (AVIC Lithium), Honeycomb Energy, Yiwei Lithium, and then to third tier Funeng Technology, Ruipu Energy, Xinwangda, have started production expansion this year. Even regardless of their current scale, they have almost set themselves a grand 2025 production target this year:

In addition to Honeycomb Energy announcing a challenge of 600GWh production and 450GWh shipment in 2025, some institutions have previously predicted that its production in 2025 will be approximately 600GWh based on CATL's production planning;

There are reports from BYD that its production may reach 430GWh in 2025;

Guoxuan High Tech stated in its semi annual report that it is striving to achieve a production scale of 300GWh by 2025;

At the strategic announcement meeting, China Innovation Airlines clearly stated that the planned production capacity for 2025 should reach 500GWh;

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