The application range of new energy batteries is very broad, including 'flying in the sky, swimming in the water, running on the ground, and not running (energy storage)'. The market space is very large, and the penetration rate of new energy vehicles does not equal the penetration rate of batteries. In addition to the penetration rate of new passenger cars, there is still more than ten times the space for battery applications in other fields in the future, "said Zeng Yuqun, Chairman of CATL.

In recent years, facing the increasing pressure of energy conservation and emission reduction in the shipping industry, many ports in countries around the world have implemented strict ship emission standards, forcing shipbuilding to shift towards a cleaner direction. According to industry institutions' predictions, the global lithium battery market for electric ships will reach approximately 35 GWh by 2025. At present, the electric ship market is becoming a new blue ocean for many battery manufacturers to actively expand.

In the next few years, ship electrification will enter a period of rapid development. According to the "Global Market Report on Electric Ships, Small Submarines, and Autonomous Underwater Ships" released by the international research institution Research and Markets, it is expected that the global market size of electric ships will reach 7.3 billion US dollars (approximately 50 billion yuan) by 2024. Fortune Business Insights, a market research firm, predicts that the global electric ship market will reach $10.82 billion (approximately RMB 78 billion) by 2027.

The world's largest pure electric tourist ship in terms of power capacity - "Three Gorges 1" on the Yangtze River