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The second is the continuous breakthrough in battery innovation. Taking the power lithium battery as an example, as the power lithium battery accounts for up to 30% of the manufacturing cost of new energy vehicles, the depth of its technological innovation determines the market width of new energy vehicles. Over the years, the technological progress of power lithium batteries in China has been remarkable, with outstanding performance in the electrochemical system ratio, cell structure design, system integration, and other aspects of new energy batteries. For example, CATL has launched CTp battery pack technology, obtained more than 70 core patents, and increased energy density by 10% to 15%; Guoxuan High Tech has launched JTM battery integration technology, innovating the battery structure, making the battery manufacturing process simpler and significantly reducing costs; BYD's blade battery technology simplifies module thinking, reduces invalid space, and increases battery pack volume utilization by over 50%, becoming an innovative highlight in the current new energy battery industry. Evergrande Automobile is a "dark horse" in the new energy automobile industry. The company has established a battery research institute with more than 3200 scientific researchers. The research and development team is full of expert technical elites in the battery field, 40 professional research and development and testing laboratories, and more than 15000 technical Test point. Its future scientific research and innovation results are immeasurable.

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