By Nick Lung    Photo： CANVA

Everyone knows that since 2021, the vigorous development of electric vehicles has been obvious to all. Countries have announced that they will completely ban the sale of fuel vehicles in 2030, and will use electric vehicles as the representative of the next generation of transportation.

Therefore, they have launched various measures on The subsidy program for electric vehicles attracts customers, but this measure began to slowly change this year

The British government has extended its ban on the sale of fuel vehicles for five years, the German government has also canceled related purchase subsidies for electric vehicles, and the United States has also canceled part of its electric vehicle subsidies. However, how should manufacturers in the global supply chain lay out their plans?

At this time, The target has shifted to: energy storage equipment

The market for energy storage equipment has been growing rapidly in response to the needs of the energy transition and the integration of renewable energy sources. Here are some of the key trends and information related to energy storage devices:

Market Growth: The energy storage market has been growing, benefiting from the spread of renewable energy and increased demand for energy storage and stability. Policy support from federal and state governments has also prompted the development of energy storage projects.

Technological Progress: Advances in energy storage technology have promoted the application of many new energy storage solutions, including lithium-ion batteries, flow batteries, compressed air energy storage, etc. The continued development of these technologies helps improve the performance and reliability of energy storage systems.

Government support and incentives: Many state governments have implemented various forms of incentives to promote the construction of energy storage projects and the integration of renewable energy. The federal government has also provided corresponding support in energy policy.

Large-scale energy storage projects: Some large-scale energy storage projects have been launched in various countries, aiming to provide stable power output, reduce peak power pressure, and store renewable energy sources such as solar and wind energy.

Decarbonization and climate goals: Governments and businesses are generally working towards reducing carbon emissions and achieving climate goals, and energy storage is seen as one of the key elements to achieve these goals.

Investment and cooperation: Many energy companies, technology companies and investment institutions have participated in energy storage projects, promoting the continuous innovation and development of related technologies and projects.

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