Pai Energy Technology's progress in sodium battery business: Sodium batteries will transition from pilot production to mass production by 2024. Pai Energy Technology's annual "Improving Quality, Increasing Efficiency, and Generating Returns" action plan for 2024 reveals that sodium ion battery products will move from pilot production to mass production, sodium energy storage system products will achieve MWh level demonstrations, and the "sodium replacing lead" business module will achieve batch shipments at the hundred MWh level.
Overseas market: Sodium ion battery products have passed relevant certifications by Germany's TÜV Rheinland Group and have reached testing agreements with numerous customers, laying the groundwork for energy storage applications with different process routes. Customized energy storage products for the US market have achieved initial results.
Domestic market: In the second half of 2023, a 200KWh commercial energy storage cabinet product based on square aluminum shell batteries was launched, and this product has already achieved large-scale shipments in multiple regions in China.
