Ann: Altech - DNV Comparison Study on CERENERGY Technology, page-6

NB Good to go back to all prior reports & shall see that:

• while lithium-ion phosphate batteries (& some new variants) have recently confirmed to be subsidized by Chinese or other foreign governments, etc... & nothing wrong with that, as long as we all know about it)
• More recently, over the past decade, the Chinese government has spent somewhere between $60B and $100B increasing the domestic market for lithium batteries by subsidizing the production of cheap (as in $4,500 ) EVs and helping companies build out the lithium mining and refining infrastructure to support them, said David Deckelbaum, managing director for Sustainability & Energy Transition at the investment banking firm Cowen.
• low environmental footprint due to simpler low-cost materials in construction
• HAVE MINIMAL or NO ongoing maintenance costs,
• no fancy cooling systems with moving parts
• quick plug in & monitor
• easy safe materials for recycling at end of use
• nonflammable solid-state design that performs well in both very cold & hot conditions (without the need of fancy temperature regulation system)
• construction ready (& not trying to overcome problems of alternative prototype companies)
• tested on the grid & it works
• easy to integrate into a hybrid system with other storage battery designs

Thus, it was concluded that Cerenergy solid-state battery pack cost was similar, if not, cheaper in long term or life cycle.

There is plenty of room in the market for a variety of Electricity Grid battery storage systems. Tesla, for example sees grid battery storage as its main growth area lately (even if EV sales have slowed in the past quarter report) & bet they are looking at similar low maintenance batteries in the near future. It is just a good business decision.

In lure of above, there are many innovations in battery design coming to market into the future. If Cerenergy battery construction goes forward, I could see a variety of applications, including energy storage & motor designs on ships, up to large cruise ships (safety comes 1st for customers & insurance companies!!!). No financial advice intended. Good luck to investors.

China switches on first large-scale lithium-sodium hybrid storage project | RenewEconomy

Microfoft copilot came up with following:

The Chinese government’s substantial financial support for the lithium battery industry has been a key factor in its rapid growth and global dominance. Over the past decade, China has invested tens of billions of dollars—estimates range between $60 billion to $100 billion—in subsidizing not just electric vehicles (EVs) but also the entire domestic infrastructure supporting lithium battery production. These subsidies have helped domestic manufacturers, notably companies like CATL, scale rapidly, reduce production costs, and achieve vertical integration in production—from mining and refining lithium to assembling battery cells and packs.

A cornerstone of China’s strategy has been targeted support through policies that favor domestic producers. Since around 2015, programs like the Battery Whitelist and initiatives under the “Made in China 2025” framework have reserved financial incentives exclusively for homegrown battery makers. This selective subsidization has given Chinese firms a competitive advantage over foreign rivals operating in the country, allowing them to build a robust, integrated supply chain despite China not having the world’s largest lithium reserves. Instead, the focus has been on controlling refining processes and manufacturing capacity, which has made Chinese batteries not only more cost-effective but also technically competitive on the global stage.

These policies also extended to boosting consumer demand for electric vehicles. Subsidies and other incentives made EVs more affordable, creating a domestic market that fueled further demand for lithium batteries. The resulting cycle of demand and supply has cemented China’s role across every level of the battery supply chain—from research and development to production—which in turn has bolstered its geopolitical influence in emerging clean energy markets.

This blend of aggressive government intervention and strategic industry support exemplifies how state-directed subsidies can reshape an entire sector. While some of these subsidies are now being phased out as the industry matures, their long-lasting effects continue to influence the global lithium battery landscape. They have set a benchmark that Western economies have found challenging to match, underscoring both the power and the risks of state-driven industrial policy.

Beyond the immediate economic impacts, this model raises broader questions about sustainability, competitive fairness, and technological self-reliance. For instance, one might explore how such state support affects long-term innovation, the global balance in technology supply chains, or even environmental strategies as the world transitions to a greener economy. These are rich areas for further inquiry if you’re interested in how government policy interplays with technological advancement and global market dynamics.