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Liu Jincheng, Chairman of Yiwei Lithium Energy, stated that the target for 2025 is to produce 200GWh of power storage batteries;

Ruipu Energy's production plan for 2025 is 200GWh;

With the support of Mercedes Benz, Funeng Technology has also announced that its production target for 2025 is expected to exceed 120GWh;

In this way, the production planning for these few companies alone in 2025 is already close to 3000GWh.

In most research institutions' predictions, the demand for power lithium batteries will be around 1TWh in 2025. In other words, if we proceed according to the current production plan, excess production in the entire power lithium battery industry will become inevitable. However, against the backdrop of increasing demand for downstream batteries, every company involved is more willing to believe that they can ride the wind and fly. As for whether they will face overcapacity, they have shown absolute confidence.

Previously, Liu Jincheng, Chairman of Yiwei Lithium Energy, stated that in the face of such risks, the company needs to continuously improve the quality and performance of its products. And Liu Jingyu, the chairman of China Innovation Airlines, bluntly stated, "As long as the company's technology passes the standards, there will be no excess production. When the entire industry is racing, competitors in it will inevitably fall into a strategic situation of either advancing or retreating. At the forefront of the company's massive expansion of production, others can only be constrained to move forward. If not, there will only be the result of being eliminated.

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