CP00043

300274

300750

03750

<p>The energy storage industry may face intense competition similar to that of the photovoltaic industry. Although the energy storage supply chain is relatively long and has certain resilience, industry insiders are concerned that competition has already begun to intensify and may be more rapid and severe than that of photovoltaics in the future</p>

- The article discusses the potential for the energy storage industry to repeat the over-competitive pitfalls seen in the photovoltaic sector.  
- It highlights factors such as a lengthy supply chain, higher market integration, and the critical role of major players like CATL, suggesting a more resilient market structure compared to photovoltaics.  
- However, competitive pressures are already intensifying, leading to concerns over price wars and industry sustainability, as evidenced by significant price drops and excess production capacities emerging in response to global demand surges.

The competition in energy storage has actually begun, and the intensity in the future may far exceed that of photovoltaics?