方建华：相比对固态电池等远期概念的过热追捧，资本和产业更应关注安全、降本、增效方面的微创新

Core Insights - The keynote speech at the 10th International Summit on Power Battery Applications highlighted the "two fires" phenomenon in the power battery industry, emphasizing the need for caution against speculative trends and the importance of innovation and capital interaction [1][3][5] Group 1: Current Industry Status - China's power battery industry holds over 67% of the global market share, showcasing a complete industrial chain and leading technology, currently transitioning from scale expansion to high-quality development [3][6] - From January to September 2025, China's lithium battery sales reached 1067.2 GWh, reflecting a year-on-year growth of 55.8%, indicating strong market demand and robust supply capacity [6] Group 2: Key Drivers of Industry Leadership - The success of China's power battery industry is attributed to five key factors: policy guidance, market drive, supply chain integration, innovation support, and capital assistance [7][8] - National subsidies, amounting to approximately 200 billion yuan by 2021, played a guiding role, but the market's driving force became evident as subsidies began to decline [7] Group 3: Core Challenges Facing the Industry - The industry faces three main challenges: safety, cost reduction, and efficiency [9] - Safety concerns are critical, as incidents involving electric vehicles have raised public awareness and consumer apprehension [5][10] - Cost control is essential for achieving scalable profitability, with traditional cost-cutting methods becoming less effective [12][13] Group 4: Innovation and Technological Solutions - Incremental innovations, such as high-quality nanocellulose materials and new cooling liquids, are crucial for addressing safety issues within the industry [11][10] - The application of green technologies, like infrared heating, can significantly reduce energy consumption and enhance production efficiency [14] Group 5: The Role of Capital - Embracing capital is vital for innovation, with the capital market playing a significant role in the development of the power battery industry [8][19] - The industry must guide capital towards areas that require support, avoiding misallocation of resources [20][21] Group 6: Caution Against Speculation - There is a warning against the excessive speculation surrounding solid-state batteries, which may not reach large-scale commercialization for another 5 to 8 years [17][18] - The industry should not rely solely on solid-state batteries to solve safety issues, as manufacturing defects can lead to failures across all battery types [18]