Core Insights - CATL officially launched the 587Ah battery cell, marking a significant milestone in the energy storage market [1] - The energy storage industry is experiencing rapid growth, but it faces challenges such as parameter inflation and safety issues [2][3] Parameter Inflation - There is a discrepancy between claimed product lifespans (10,000 to 15,000 cycles) and actual performance, which often only lasts 3 to 5 years with annual cycle counts below half of the design value [2] - The lack of standardized methods for rapid aging and lifespan testing contributes to this issue, undermining investor confidence and posing risks to sustainable industry development [2] Safety Concerns - A 1GWh energy storage station contains millions of battery cells, meaning that even one defective cell can lead to catastrophic consequences [3] - The safety of energy storage systems must be prioritized throughout the entire production and operational process, as highlighted by the significant number of safety incidents reported globally [4] Industry Call to Action - The industry is urged to shift focus from price competition to value competition, emphasizing the importance of providing safe, reliable, and efficient energy storage solutions [4] - CATL advocates for a return to the core values of the energy storage industry, which should prioritize technology, quality, and service to deliver genuine value to customers [4]