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1. New energy vehicles drive the rise of lithium-ion battery packs

Benefiting from the continuous rise of new energy vehicles, the lithium-ion battery industry is facing a new round of development opportunities. With the increasing proportion of lithium-ion batteries used in new energy vehicles in China, the market space for lithium-ion batteries is vast, and the lithium-ion power lithium battery market is entering a golden period. Compared with traditional batteries, lithium-ion batteries have a larger capacity in the same volume, and their production, use, and recycling processes are environmentally friendly. Therefore, they have been widely used in the field of consumer electronics and energy storage products.

2. The scaling up of energy storage technology promotes the development of the power lithium-ion battery industry

Energy storage technology is a strategic support for the future transformation of energy structure and the transformation of electricity production and consumption patterns. Driven by the development and commercialization trend of energy storage technology, power lithium-ion batteries, as one of the main players in the new energy industry, will also usher in new opportunities for development. The large-scale development of energy storage will promote the extension and integration of the lithium-ion battery industry chain, facilitate the upstream, midstream, and downstream of the power lithium-ion battery industry to connect with capital, synchronize with the market, and achieve win-win cooperation.

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