Recently, the Shanghai Economic and Information Commission released the "Action Plan for Promoting the High-Quality Innovative Development of the New Energy Storage Industry in Shanghai (2023-2025) (Draft for Comments)".
The plan indicates that by 2025, the new energy storage industry will transition from demonstration applications to initial commercial applications, and then towards large-scale development. The overall scale of the new energy storage industry in the city will reach 200 billion yuan. The plan also includes the establishment of 2 or more new energy storage industry parks and the cultivation of over 10 leading new energy storage enterprises.
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