What does it mean when power batteries enter the 0.3 yuan/watt-hour era?

With the advancement of technology and the emergence of large-scale production effects, the new energy vehicle industry has entered the stage of overcapacity from the stage of power shortage, low power and expensive power. In 2023, my country's power battery sales will be 616.3GWh, a year-on-year increase of 32.4%, and production capacity will increase by about 60% year-on-year. However, in contrast, the growth rate of domestic power battery installation has slowed down to about 32%, the imbalance between power battery supply and demand has intensified, and production...[View original text]