China Securities Co. pointed out that domestic and foreign power battery factories such as Tesla and BAK have planned to increase the production capacity of 46-series large cylindrical battery. 2023 will be the first year of large-scale expansion of large cylindrical battery. The total production capacity of the 46-series of large cylindrical batteries planned by the company in 2022-2025 will reach 10, 51, 122, and 234GWh respectively, with a CAGR of 186%.
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