1. They began to enter the field of electric vehicles in large quantities, marked by the launch of model S by Tesla in 2012.
2. With the evolution of the Internet from the age of information dissemination to the age of information application, as well as the full development of integrated circuit technology, product research and development and circulation costs are getting lower and lower, and the cycle is getting faster and faster. Entering the era of product explosion, various new electrical products continue to be poor, pushing up the market volume of lithium-ion batteries. Things like Bluetooth wearables, smart homes, drones, e-cigarettes, personal care, and more.
3. Start to replace lead-acid batteries in industrial energy storage, home energy storage, two-wheeled vehicles, tool vehicles and UPS.