Core Insights - BYD announced its focus on energy storage solutions, emphasizing its commitment to green energy and electrochemical storage technology, aiming to support the rapid development of the new energy storage industry [1] - The company has established a comprehensive range of energy storage applications, including power-side, grid-side, commercial, residential, forklift, and marine battery solutions, serving over 110 countries and regions globally [1] Energy Storage Business - BYD has been deeply engaged in international markets for years, providing safe and reliable energy storage systems for hundreds of projects domestically and internationally [1] - The company’s energy storage products are exported to six continents, including major markets such as China, the United States, and several European countries [1] Project Highlights - The Bollingstedt energy storage station in Germany, which began operations in June, features a capacity of 103.5 MW and 238 MWh of storage, capable of supplying green electricity to 170,000 households for two hours [1] - The success of the Bollingstedt project is attributed to BYD's customized 64 sets of MCCubeBESS energy storage systems [1] Future Projections - By October 2025, BYD expects its total installed capacity of new energy vehicle power batteries and energy storage batteries to exceed 230 GWh, representing a year-on-year increase of over 55% [1]