By 2024, China's energy electronics sector had attained a milestone in high-quality development, as newly installed photovoltaic (PV) capacity soared to unprecedented heights. For the first time, the installed capacity of new energy storage solutions outstripped that of pumped storage, with lithium-ion batteries emerging as the dominant technology in terms of market share. Looking ahead to 2025, advancements such as solid-state batteries and ultra-fast charging are anticipated to accelerate their commercialization, while the integration of digital intelligence is set to become a new driving force behind the evolution of the energy storage industry.
