The energy storage industry faces vicious price competition

Recently, the Zhongguancun Energy Storage Industry Technology Alliance held a meeting to discuss how to solve the industry's involutionary competition. Tian Qingjun, senior vice president of Envision, said that price competition has caused the industry's average price to be lower than the cost price, resulting in widespread losses across the industry. He called on leading companies to exercise self-discipline, build industry barriers through technological innovation and value creation, and achieve rational prosperity in the industry.