At the end of 2024, the power Battery industry is reaching a new transformation node. On one hand, production expansion projects led by leading companies are continuously being launched; on the other hand, new types of battery projects represented by Solid State Battery are rapidly increasing in volume. After the explosive growth in the penetration rate of New energy vehicles, the power Battery industry is still seeking incremental markets, and new application scenarios are continually emerging. Interviewees told reporters that the expansion in the power Battery sector is transitioning from 'full bloom' to a concentration phase focused on leading companies. Currently, the industry still has an excess of low-end capacity, while the utilization rate of high-end capacity is expected to gradually recover and improve. As the concentration of capacity and other aspects increases, the integration of power Battery with the market will become even closer, providing fertile ground for new technologies that meet varying market demands to thrive.