China is the world's largest producer of batteries, accounting for more than 70% of the global production.

As the world continues to prioritize renewable energy sources and sustainable practices, the market for new energy products is expected to grow rapidly in the coming years. Here are some of the top trends that we can expect in the new energy product market in 2023.

One is that CATL released its third-generation CTP (Cell To Pack) technology, claiming that a new product called "Kirin Battery" will be mass-produced in 2023.

In retrospect, the new energy battery market could not be better described than the "extraordinary" four words proposed by the Central Economic Work Conference.

Compared with LiFePO4 batteries, ternary lithium batteries have a much higher weight and energy density, about 200Wh/kg, which means that ternary lithium batteries of the same weight have a longer cruising range than LiFePO4 batteries.

The new energy product market is set to grow significantly in the coming years, and these trends represent just a few of the exciting developments that we can expect to see in 2023.

Energy is at the heart of the climate challenge and the key to solving it.

In 2022, the number of insured vehicles in the Chinese market will be 26,669. It is one of the new energy models with relatively good sales in BBA.

Why is the raw material resource of lithium batteries so tight this year?

Renewable energy is becoming increasingly important as issues such as global warming and climate change become increasingly tight.