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The overlapping integration and mutual empowerment of "electrification, intelligence, networking, and sharing" are driving the automotive industry to usher in unprecedented changes in a century.

In this transformation, electrification is the first step. At the just concluded 2019 World New Energy Vehicle Conference, key stakeholders in the global automotive industry reached the Boao Consensus: striving to achieve a market share of 50% in the global new energy vehicle market by 2035, and achieving a basic transformation of the global automotive industry towards electrification.

To achieve such a goal, from the perspective of power lithium-ion batteries, confidence and challenges coexist. On the one hand, core performance indicators such as energy density, lifespan, fast charging, and low temperature are being broken down one by one, which is enough to support the performance of electric vehicles surpassing traditional vehicles.

On the other hand, the frequent safety accidents of electric vehicles have become the "Achilles' heel" for the marketization of electric vehicles. Since 2019, the frequent safety accidents of electric vehicles, including star car companies such as NIO and Tesla, have caused panic and concern among consumers.

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