Qinghai Provincial Department of Industry and Information Technology Launches Application Process for Gradient Cultivation of Energy Storage Enterprises

The Qinghai Provincial Department of Industry and Information Technology has launched a program to cultivate energy storage enterprises in tiers. Energy storage companies recognized as specialized and new, single champion, or leading enterprises will receive financial incentives up to 200 million yuan. The cultivation initiative covers all sectors of the energy storage value chain, including battery cells, system integration, fire protection equipment, and safety testing.