Investment Rating - The report maintains a "Recommended" rating for several key companies in the power equipment and new energy sectors, including Ningde Times, Kodali, and others [5][6]. Core Insights - The power equipment and new energy sector saw a weekly increase of 0.79%, outperforming the Shanghai Composite Index, with the energy storage index showing the highest growth at 1.81% [1]. - The National Energy Administration projects a total electricity consumption of 10,368.2 billion kWh by 2025, representing a year-on-year growth of 5.0% [4][56]. - TCL Zhonghuan's strategic investment in a new energy company aims to enhance vertical integration in the photovoltaic industry, reducing costs and improving efficiency [3][37]. Summary by Sections 1. New Energy Vehicles - Hive Energy showcased three core technological breakthroughs at its sixth Battery Day, focusing on semi-solid technology, Dragon Scale 3.0 technology, and ion oscillation fast charging technology, all aimed at enhancing safety and performance [2][13][21]. 2. New Energy Generation - TCL Zhonghuan's acquisition of a new energy company is expected to optimize resources and enhance business synergy, facilitating a shift from low-level competition to value co-creation in the photovoltaic sector [3][37]. 3. Power Equipment and Industrial Control - The National Grid's "14th Five-Year Plan" anticipates a fixed asset investment of 4 trillion yuan, a 40% increase from the previous plan, to support the development of a new power system [4][56]. - The report highlights significant growth in electricity consumption across various sectors, with the service industry and residential electricity usage contributing 50% to the overall growth [4][56]. 4. Commercial Aerospace - Trina Solar set a new world record with a 886W per 3.1 m² perovskite/silicon tandem module, reinforcing its leadership in high-efficiency energy technology [5]. 5. Weekly Sector Performance - The energy storage index led the sector with a 1.81% increase, while the nuclear power index experienced the largest decline at 6.39% [1].

技术创新驱动产品升级，蜂巢能源正探索国产锂电池行业发展的新路径。2025年国内车市收官阶段，乘用车零售新能源渗透率达59.1%，全年渗透率突 破五成。业内普遍认为，2026年新能源汽车仍将占据国内汽车消费市场主流。伴随行业高速发展，消费者需求日趋成熟，高安全、高性价比、长续航等多元 诉求成为市场核心趋势，大电量插混、800V高压技术、热电分离、半固态电池等技术指标，逐步成为影响消费者购车决策的关键因素。 1月13日，蜂巢能源第六届电池日如期举办，期间发布叠片4.0制造工艺，同时推出堡垒2.0电池、龙鳞甲3.0电池、半固态电池、蜂行短刀2.0电池及离子 振荡快充技术等一系列新产品与新技术，集中展现了其应对行业竞争、冲击2026年全年扭亏为盈目标的技术储备与产品布局。 大电量插混电池突破行业上限 堡垒2.0兼顾性能与实用性 安全性能上，堡垒2.0采用刚柔并济的防护策略。外部创新应用拉挤复材设计，侧碰挤压强度达到国标两倍以上；电芯经过结构优化，可实现三面挤压 不起火、不爆炸，且通过中汽中心电池单体三轴向连续挤压测试，稳定性得到权威验证。 半固态电池推进量产落地 龙鳞甲3.0优化结构兼容性 2022年第三届电池日，蜂 ...