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2025-09-17 09:40:40
[CATL Zeng Yuqun: The winning bid price for energy storage system centralized procurement projects is lower than 0.4 yuan/Wh, seriously deviating from the cost] At the 2025 World Energy Storage Conference held today, Zeng Yuqun, founder and chairman of CATL, said in his speech that the price competition in the energy storage industry is extremely fierce. He mentioned that in the past three years, the price of energy storage systems has dropped by about 80%. Recently, the winning bid price of a centralized procurement project was even lower than 0.4 yuan/Wh, seriously deviating from the cost. He believes that low prices will inevitably lead to reduced quantity and configuration, which will bury the quality and safety risks for the industry. This year's price war has spread overseas, which not only caused the gross profit of energy storage companies to shrink rapidly, but the key is that it is unsustainable and the gains do not outweigh the losses.
