Recently, at the entrepreneurial sharing meeting jointly sponsored by ZhenFund and CSSA of Oxford University, representatives of Vastech Technology sincerely shared their entrepreneurial opportunities and challenges in the field of new energy storage, and jointly discussed entrepreneurial experience.

The representative of Vastech Technology said that if entrepreneurial enterprises want to expand the market, the key lies in in-depth market research, technological innovation, industry cooperation and enterprise flexibility, so as to accurately grasp the market dynamics and effectively respond to the rapidly changing market environment. In the long run, Vastech Technology's new energy storage products have both opportunities and challenges in the current energy storage market.

In terms of opportunities, Vastech technology's technology and products have great advantages in terms of potential market, technological innovation and application scenarios.

First, from the perspective of the potential market, there are already mature products in the application scenarios of medium and long-term energy storage and ultra-short-term (second level) energy storage on the market, but there is still a lack of effective electrochemical technology solutions for short-term energy storage scenarios within 1 minute to half an hour. Vastech Technology team in-depth market research, technological innovation, flexible response to market changes. Its products are inherently safe, cost-effective, convenient to expand production, and can provide high-quality high-power energy storage solutions. And has high power density, long cycle life, high rate discharge, high safety and other characteristics, the same volume has more powerful performance, can burst more energy in a short time, and industrial and commercial energy storage, rail transit power recovery, frequency modulation, smart energy and other application scenarios of the market demand to match, has a great market prospects.

Second, from the perspective of technological innovation, a complete R & D platform and advanced scientific research talents are the foundation of technology-based start-ups, which is also the core driving force for the development of Vastech technology. After 9 years, Vastech Technology has built the world's leading water battery technology. This process requires continuous exploration, innovation, testing and optimization by the technical team, and close alignment with market needs to realize the commercial application of the technology. The resulting energy storage product has the advantage of rapid charge and discharge capability and intrinsic safety, preventing combustion and explosion. Its technical breakthroughs include: 1. Water electrolyte technology to achieve a safer energy storage solution; 2. Advanced electrolyte formula to help high stability and high efficiency cycle; 3. New electrode materials break through the energy density bottleneck; 4. New binder formulation extends cycle life by 30%.

Third, from the perspective of application scenarios, for technology start-ups, a high degree of standardization of application scenarios is crucial to the rapid expansion and scale of the industry. Vastech Technology focuses on providing one-stop energy storage solutions, aiming to meet the multi-scenario, multi-scale, multi-demand energy storage market. The application scenarios of these solutions cover power storage, industrial and commercial energy storage, home energy storage, network energy and smart energy, etc., with user side (self-use, charging and power exchange, peak-valley spread arbitrage), power generation side (renewable energy grid connection, efficient use of solar and wind energy), grid side (power peak regulation, frequency modulation), transmission and distribution side (auxiliary services, Such as 5G base station backup power supply, etc.) and other customer groups. Through standardized application scenario design, not only improve efficiency, but also reduce costs, thus providing customers with a wider range of more flexible service options, which plays a crucial role in the rapid growth of enterprises and market expansion.

In terms of challenges, the challenges mainly focus on two aspects.

First, the construction of the industrial chain is a key challenge. Usually in the energy storage industry, the product development and market recognition cycle is longer. Therefore, we must first launch innovative products and gain market recognition, and then gradually improve the industrial chain and feed the development of products, and then promote the scale effect. Therefore, it is necessary to attract more participants, whether from industry, universities, or investment institutions, to jointly promote the growth and prosperity of the energy storage industry.

Second, the support of national policies is also crucial. Policy guidance, innovation support, and the guarantee of key elements are all key factors to promote high-quality development in the field of energy storage. Therefore, more policy inclinations and support are needed in order to promote the development of energy storage more effectively, so as to achieve the common progress of the industry and society.

At the event, Vastech Technology representatives had an in-depth exchange on the challenges and opportunities of its new energy storage technology. Their sharing not only demonstrated the entrepreneurial development of Vastech Technology in the field of energy storage, but also inspired the young entrepreneurs and scholars present.

This entrepreneurship sharing meeting is an important display of Vastech Technology's innovation achievements in the field of energy storage, and also provides valuable experience and inspiration for other entrepreneurs. With the continuous development of water storage technology and the increasing market demand, Vastech Technology looks forward to continue to play a leading role in this field and contribute to the sustainable future of global energy

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