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Core Viewpoint - The chairman of CATL, Zeng Yuqun, emphasized the company's advancements in solid-state batteries and the launch of the "National Good Car" Aion UT super in collaboration with JD and GAC Group at the 2025 World Power Battery Conference [2][4]. Group 1: Battery Technology Advancements - CATL is exploring new growth areas through four dimensions: technological breakthroughs, scenario expansion, model innovation, and zero-carbon ecology [4]. - The company has successfully mass-produced its fourth-generation lithium iron phosphate battery, which leads the industry in high energy density, long lifespan, and high power compared to second and third-generation products [8]. - The fifth-generation product has recently begun mass production, achieving new breakthroughs in energy density and cycle life [9]. - CATL's research and industrialization progress in solid-state batteries is among the global leaders, with over ten years of R&D investment [10]. Group 2: Solid-State Battery Development - The solid-state battery sector is seen as a transitional phase with semi-solid batteries leading to full solid-state solutions [10]. - The scientific challenges in the solid-state battery industry are largely resolved, but commercial supply chain issues remain, with small-scale production expected by 2027 [10]. - Future applications of solid-state batteries are anticipated in deep space, deep sea, and deep earth, coexisting with existing liquid and semi-solid batteries [10]. Group 3: Innovative Business Models - CATL is promoting a battery-as-a-service model through its "battery swapping" initiative, transforming batteries from products into services [12]. - The "Chocolate Battery Swapping Alliance" currently covers 45 cities, with plans to establish 1,000 swapping stations by the end of 2025 [12]. - The Aion UT super integrates CATL's battery technology and swapping ecosystem, with a battery rental purchase price of 49,900 yuan [13]. Group 4: Ecosystem Development - CATL is actively building a battery swapping ecosystem, which is compatible with solid-state batteries, allowing users to access cutting-edge technology [14]. - The company is involved in pioneering projects such as the first pure electric passenger ship and the first cargo ship battery swapping project in the country [14]. - The development of the new energy industry is transitioning from rapid growth to high-quality development, indicating a broader and more systematic growth era ahead [14].