On November 5, China Energy Engineering Corporation Limited announced a total investment of 13 billion yuan in the new square aluminum shell lithium iron phosphate energy storage battery industry project settled in Wuxi Jiangsu Province. It is reported that the project plans to build a research and production base for energy storage cells with an annual production capacity of 40GWh. In the context of power battery capacity adjustment, lithium battery manufacturers may tend to develop towards energy storage, and energy storage batteries may become a new growth point in the lithium battery indus