Nickel Hydride No. 5 batteries

　　Nickel Hydride No. 5 batteries boosts energy innovation (new knowledge) core technology has not yet broken through

　　Compared with the traditional energy supply method based on fossil fuels, the emergence of lithium batteries breaks the previous carbon-based energy supply method, reduces carbon emissions, and provides a new path for sustainable development. Starting in the 1990s, lithium batteries began to enter the market and gradually became the power choice for electrical appliances and IT terminal equipment. Smaller size, more stable performance, and better cycleability have made lithium batteries gradually spread into all aspects of people's daily lives, helping mankind take an important step towards a cleaner world.

　　China is a major country in the Nickel Hydride No. 5 batteries industry. The "Lithium-ion Battery Industry Development White Paper (2019)" shows that China, as the world's largest producer and most important application market, has continued to improve its status in the global Nickel Hydride No. 5 batteries industry. Especially benefiting from the continued and rapid development of new energy vehicles, the scale of my country's Nickel Hydride No. 5 batteries industry has grown steadily in recent years. Data show that in 2018, my country's cumulative output of lithium batteries reached 13.99 billion units, a year-on-year increase of 25.9%; the industry scale reached 172.7 billion yuan, a year-on-year increase of 9%. In 2018, China's Nickel Hydride No. 5 batteries market output accounted for more than half of global output, and the market value of industry companies exceeded 1 trillion yuan. The global demand for lithium batteries is also growing, bringing new business opportunities to related fields.

　　Development opportunities and challenges coexist

　　Now, with the advent of vehicle electrification, lithium batteries come into play. Thanks to the strong support of national policies for the new energy automobile industry, my country's power lithium batteries have developed rapidly in recent years. Car-grade lithium batteries with high energy density and high stability have expanded the prospects of the electric vehicle industry and have been initially recognized by the government and the market. Since the beginning of this year, with the adjustment of new energy vehicle subsidy policies, the cost pressure on lithium batteries has increased, eliminating some low-end products, making market competition more intense, forcing related companies to provide products with higher cost performance and faster market access. Responsiveness to gain an edge over the competition.

　　At the same time, it should also be noted that the development and application of lithium batteries also face considerable challenges. For example, in the actual use of Nickel Hydride No. 5 batteries new energy vehicles, there are still problems such as low energy density, poor low-temperature performance, long charging time, and short service life. The core technology has not yet achieved a significant breakthrough, and there are also certain hidden dangers in safety. In response to these problems, further scientific research needs to be deepened, and further exploration of other clean energy sources is also inseparable.

　　Every progress in human society is inseparable from breakthroughs and innovations in science and technology. It is believed that with the continuous development of science and technology, human society will continue to promote the revolution in energy production and consumption and build a cleaner, lower-carbon, safe and efficient energy system.

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