Core Viewpoint - The article emphasizes the transition of the energy storage industry towards a value competition phase, focusing on system-level value creation rather than just hardware scale, driven by the construction of a national unified electricity market by 2025 [2] Group 1: Industry Challenges - The energy storage systems currently face three main challenges: safety issues due to thermal runaway risks, efficiency problems from inconsistent battery degradation, and revenue challenges stemming from slow dispatch responses and crude operational strategies [5] - The challenges are directly related to the capabilities of Battery Management Systems (BMS) and Energy Management Systems (EMS), which are crucial for ensuring safety, extending lifespan, and enhancing environmental adaptability [8] Group 2: New Product Launch - The company has launched a new generation of BMS and EMS aimed at addressing the core pain points of safety, efficiency, and revenue in the energy storage sector [9] - The new BMS has transitioned from a monitoring function to an intelligent protection capability, utilizing active balancing technology to significantly enhance battery pack capacity and lifespan [13] - The EMS has undergone an architectural innovation, shifting from unit management to system collaboration, ensuring reliable operation and compatibility with various communication protocols [18] Group 3: Technological Advancements - The new BMS features advanced monitoring precision, with voltage accuracy within ±3mV and temperature accuracy within ±1℃, along with enhanced safety measures that provide proactive alerts [15][17] - The EMS incorporates an AI decision-making engine that optimizes charging and discharging strategies based on real-time data, thereby maximizing revenue while extending battery life [20] Group 4: Strategic Vision - The company adheres to a long-term commitment to the energy storage field, with a significant portion of its workforce dedicated to R&D and a robust patent portfolio [11] - The integration of BMS and EMS is crucial for enhancing safety, operational efficiency, and economic viability in energy storage systems, reflecting the industry's shift towards high-quality development [21]

Core Viewpoint - Foxconn has officially launched its new energy storage brand "Foxconn Energy" and introduced several new energy storage products, emphasizing its commitment to the energy storage industry despite global challenges and competition [2][9]. Product Launch - Foxconn unveiled three major energy storage products: AIO-261/522 kWh, string distributed-4320 kWh, and the "Energy Beast"-9370 kWh, with plans to release additional products in 2024 [2][4]. - The AIO-261/522 kWh features innovative structural design and a thermal management system achieving 91% efficiency, suitable for small and medium commercial storage [4]. - The string distributed-4320 kWh system includes independent PCS for each cluster to prevent high-pressure circulation and has a modular design for flexibility in large commercial applications [4]. - The "Energy Beast"-9370 kWh, based on proprietary CTR+ stacking technology, offers an 87% increase in capacity compared to standard container storage systems, addressing transportation challenges [4]. Industry Growth and Safety Concerns - The global new energy storage installation is expected to exceed 140 GWh in 2024, with a compound annual growth rate of 41%, indicating a rapid growth phase for the industry [3]. - However, safety incidents in energy storage have risen significantly, from 18 cases in 2018 to 106 cases by October 2024, highlighting the need for improved safety measures [3]. - Foxconn emphasizes the importance of "system-level safety" that encompasses all components and processes from development to operation, moving beyond traditional single-point protection [3][5]. Strategic Vision - Foxconn's strategy includes a long-term commitment to the energy storage sector, aiming to become a top player in the global market within five years [7][9]. - The company plans to focus on deepening customer relationships and addressing real pain points in the market, designating 2025 as a "refinement year" and 2026 as a "product year" [8]. - Foxconn aims to ensure the stable operation of energy storage projects over their lifecycle, addressing concerns about equipment suppliers' reliability and service continuity [8]. Technological Advancements - Foxconn is investing in advanced technologies, including a CNAS laboratory and various testing protocols to enhance product safety and reliability [5]. - The company has implemented online quality detection for welding processes and comprehensive end-of-line testing to ensure high reliability from the outset [5].