Industrial robots will process energy storage batteries at their factory in Nanphen County, East Jiangxi County, China on December 16th, 2024. China has 400 plants equipped with 5G wireless technology in high-end manufacturing as of November, with information data and information from the Ministry of Industry and the Ministry of Industry. Technology has shown. Photo: VCG
China will strengthen the full chain development of new energy storage manufacturing industries with the aim of expanding large companies by 2027, increasing innovation and competitiveness, and achieving growth in high-end, intelligent and green industries. The action plan has been announced.
The plan was jointly issued by eight divisions, including the Ministry of Industry, Information and Technology (MIIT) on Monday, seeking to promote the quality development of new energy storage and manufacturing.
The plan said the new energy storage industry is a major source of support to advance the construction of manufacturing powers and promote the efficient development and use of new energy resources.
By 2027, China aims to develop three to five major ecosystem companies. Meanwhile, the industry has experienced the concentration of key players and establishment of regional clustering patterns, and according to the plan, industrial clusters and ecosystems continue to evolve.
Lin Boqiang, director of the China Energy Economics Research Center at Xiamen University, said cost reductions are one of the key priorities for China’s energy storage industry and is essential to achieving its goals, Lin Boqiang said on Monday I spoke to Global Times. To ensure sustainable costs, they stressed the need to integrate rapidly evolving new technologies into the sector, he said.
To strengthen support for the value chain of related manufacturing companies and promote service-oriented manufacturing models, China has a broad range of next-generation information technologies, including blockchain, big data, artificial intelligence, and 5G within the new energy. We are trying to promote recruitment. The storage and manufacturing sector said, according to the plan.
The plan will also accelerate the construction of smart factories for related industries. It utilizes technologies such as machine vision, ultrasound, and infrared thermography to enhance quality control to facilitate the digital transformation of key processes in the production of new energy storage and system integration.
It also outlines measures to enhance domestic resource security for the development of high-demand metals used in the production of power batteries.
China will strengthen its support for domestic exploration of lithium, cobalt, nickel and other mineral resources, and implement a scientific and orderly allocation of mining rights.
Meanwhile, the plan will guide domestic companies to diversify and coordinate overseas resource projects to reduce resource development and transportation costs.
China supports the industry’s green development by encouraging manufacturers to implement full product lifecycle management, strengthen green designs, and improve product recyclability and ease of use. The plan also highlighted the use of recycled materials if the performance requirements of the product are met.
By 2027, China aims to further diversify its new energy storage products and technologies to better meet the needs of sectors such as electricity, industry, energy, transportation, construction, communications and agriculture. The carbon peak and neutrality goals were highlighted by the plan.
The demand and possibilities of the energy storage market are both immeasurable, but this requires integrating technological advances.
“China has consistently supported the development of key minerals. The plan will serve as a comprehensive guide to the industry and will steadily guide you towards sustainable development,” Lin added.
China announced 770 energy storage-related policies in 2024, with 77 being issued at the national level, the Xinhua Congress reported. The province of Guangdong in South China, Amhui in East China, Henan in Central China, and East China East Jiangsu in East China are led from a policy issue perspective.
The policy focuses primarily on development plans, new energy storage integration, electricity market regulations and subsidy programs, the report said.
As of the end of the year 2024, the total capacity of China’s new energy storage project reached 7,376 million kilowatts, representing an increase of over 130% compared to the end of 2023. Control, according to another report by Cinhua.
