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Photovoltaic

Why is the New Energy Vehicle Market Facing Challenges with Recent Policy Changes?

Why

Why did the company initiate its hot charging pilot program? On March 28, 2025, a report from the finance app highlighted the company’s strategy for future energy products. According to the report, the demand for hot charging solutions has significantly increased, leading to the conclusion that integrated solutions will provide greater value in the market.

On March 26, the company (688599.SH) expressed its commitment to enhancing product offerings and market accountability during a media briefing. The future energy products will transition from a “single attribute” to a “systematic approach,” aiming to innovate and effectively address diverse customer needs.

In a recent gathering, the company outlined its plans for developing a hot charging solution aimed at addressing challenges such as high winds and extreme weather conditions. This pilot program is expected to outperform traditional products by enhancing efficiency and load capacity. The emphasis will be on integrating software measures with automated protection mechanisms.

This year, the company launched its second phase of the hot charging pilot program, focusing on high-value products. On March 20, they unveiled a major product line aimed at tackling challenges in the energy sector. Following this launch, the company will also shift towards a systematic approach to product development and implementation.

Additionally, during the recent shareholder meeting, the company emphasized its commitment to enhancing its capabilities to meet the increasing demand for energy solutions. Emphasizing the importance of adaptation to changing policies and market conditions, the company is focused on developing new products that align with evolving energy needs.

Looking ahead to 2024, the company aims to achieve a cumulative capacity of 2.1 terawatts, positioning itself strategically to meet future energy demands. The company recognizes the need for sustainable practices and aims to reduce waste and effectively manage resource utilization.

In summary, the company’s strategy is centered on innovation, adapting to market demands, and enhancing energy efficiency. As they move forward, they will continue to prioritize the development of integrated solutions that address the challenges in the energy landscape.