Industry Information - CATL has launched the 75 standardized battery swap block and aims to build a nationwide battery swap network covering 80% of trunk transport capacity by 2030, targeting a 50% market penetration for electric heavy trucks within three years [8][9] - In the first four months, Ningbo port exported over 70,000 new energy vehicles, marking a year-on-year increase of 366.8% [12] - The number of active new energy vehicles in China has surpassed 30 million, with over 20 million being pure electric vehicles [12] - TrendForce predicts that global new energy vehicle sales will exceed 4 million units in Q1 2025, representing a 39% year-on-year increase [16][20] - Ganfeng Lithium has established a comprehensive layout in the solid-state battery sector, with energy densities reaching 420Wh/kg [22] Policy Information - Guizhou Province plans to adjust peak and valley electricity prices, with peak prices increasing by 60% and valley prices decreasing by 60% [29][30] - The Zhejiang Provincial Finance Department has allocated 118.8 million yuan for energy-saving and emission reduction subsidies, focusing on charging and swapping facilities [11] - Beijing has issued an additional 20,000 new energy vehicle license plates to meet the needs of carless families [11][12] - The Shenzhen Market Supervision Administration has released fire safety management regulations for electric vehicle supercharging stations [32][33] - The Shanghai Municipal Development and Reform Commission has introduced a reward system for V2G (Vehicle-to-Grid) capabilities, with a maximum reward of 240 yuan per kilowatt per year [35][36]

Core Viewpoint - The article discusses the advancements in fast-charging battery technology, particularly focusing on the unique approach taken by JuWan Technology, which emphasizes average charging rates over peak rates, aiming for stability and longevity in battery performance [1][4][6]. Group 1: Industry Developments - The new national standard for high-power charging will be fully implemented by the end of 2024, increasing the current limit from 250A to 800A and the voltage limit from 1000V to 1500V, which enhances safety and compatibility with existing charging interfaces [3]. - JuWan Technology's XFC ultra-fast charging battery was tested with the 2022 AION V Plus model, achieving a charging time of only 3 minutes and 58 seconds from 5% to 63% SOC, which is 62 seconds faster than the claimed time for megawatt flash charging [3]. Group 2: Company Innovations - JuWan Technology's president, Pei Feng, highlighted that the new charging standard allows the company to unlock the full potential of its battery technology with just a software update, showcasing the battery's unique advantages [4]. - The XFC ultra-fast charging battery maintains an average charging rate of 8.8C during tests, with a peak capability of 16C, focusing on the stability and sustainability of the charging process [4][6]. - The company emphasizes the importance of battery lifespan and reliability, achieving a cycle count of up to 3000 for the XFC ultra-fast charging battery under normal temperature conditions, with minimal performance degradation [6]. Group 3: Future Outlook - JuWan Technology is actively pursuing next-generation battery technologies, including solid-state batteries, with the goal of achieving breakthroughs in both ultra-fast charging and solid-state technology within the next 3 to 5 years [8]. - The company aims to make ultra-fast charging a standard feature for electric vehicles, aligning with the vision of making charging as quick as refueling and batteries as lightweight as fuel tanks [8].

Group 1 - The core viewpoint of the article highlights that Guangzhou JuWan Technology Co., Ltd. has successfully completed the first public test of the new national standard for ultra-fast charging batteries, showcasing significant performance improvements in their mass-produced products after software updates [1][2]. - The new national standard, set to be released by the end of 2024, raises the current limits for charging interfaces, increasing the current limit from 250A to 800A and the voltage limit from 1000V to 1500V, which aims to ensure safety, cost-effectiveness, and energy efficiency [1][3]. - JuWan Technology's XFC ultra-fast charging battery can charge from 5% to 63% state of charge (SOC) in just 3 minutes and 58 seconds, which is 62 seconds faster than the claimed time of competitors' products, demonstrating a competitive edge in the market [2]. Group 2 - The president of JuWan Technology, Pei Feng, believes that ultra-fast charging will become a standard feature in electric vehicles, similar to the transition from manual to automatic transmissions, indicating a shift towards a "no ultra-fast charging, no electric vehicle" era [3]. - JuWan Technology emphasizes the importance of integrating scene requirements into product development, aiming to create high-standard technology that delivers exceptional hardware performance [3]. - The company is focused on developing more competitive XFC ultra-fast charging battery products, which are expected to be mass-produced and launched soon, with the goal of achieving "technological equality and sharing the beauty of technology" [3].

Core Viewpoint - The new national standard for high-power charging will be fully implemented by the end of 2024, increasing the current limit from 250A to 800A and the voltage limit from 1000V to 1500V, which aims to enhance safety, cost-effectiveness, and energy efficiency in charging infrastructure [1]. Group 1: Industry Developments - The new charging standard allows for compatibility between old and new interfaces, preventing significant cost increases in component upgrades due to higher current levels [1]. - The first public test of the new charging standard showcased the performance of Giant Bay Technology's XFC ultra-fast charging battery, which charged from 5% to 63% SOC in just 3 minutes and 58 seconds, outperforming competitors [3]. - Giant Bay Technology's ultra-fast charging products are positioned as mature and ready for mass production, with software updates enabling significant performance enhancements [6]. Group 2: Technological Advancements - The XFC ultra-fast charging battery emphasizes constant and sustainable charging power rather than peak power, achieving an average charging rate of 8.8C while maintaining a peak capability of 16C [7]. - The battery's design allows for a long lifespan, with over 3000 charge cycles and minimal degradation, ensuring reliable performance over time [7]. - Giant Bay Technology is advancing high-end production capacity for ultra-fast charging batteries, with full-scale production expected by 2024 [8]. Group 3: Market Positioning - The company aims to democratize ultra-fast charging technology, making it accessible across various electric vehicle models at a cost only about 5% higher than standard batteries [9]. - Predictions indicate that ultra-fast charging vehicles could achieve over 50% market penetration within five years, potentially reaching 70% [10]. - Giant Bay Technology is also developing next-generation solid-state battery technology, targeting energy densities of 450Wh/kg and charging rates of 6C, with significant government project support [12].