{"id":6835,"date":"2026-01-09T07:13:34","date_gmt":"2026-01-09T07:13:34","guid":{"rendered":"https:\/\/www.leadintelligent.com\/en\/?p=6835"},"modified":"2026-03-30T06:12:50","modified_gmt":"2026-03-30T06:12:50","slug":"21st-century-business-herald-year-end-feature-interview-wang-yanqing-we-are-not-catching-up-we-are-defining-the-next-generation-of-technology","status":"publish","type":"post","link":"https:\/\/www.leadintelligent.com\/en\/21st-century-business-herald-year-end-feature-interview-wang-yanqing-we-are-not-catching-up-we-are-defining-the-next-generation-of-technology\/","title":{"rendered":"21st Century Business Herald Year-End Feature Interview | Wang Yanqing: We Are Not Catching Up \u2014 We Are Defining the Next Generation of Technology"},"content":{"rendered":"

In 2025, as global demand for power batteries surpasses 1,300 GWh and the energy storage market enters a phase of explosive growth, competition in the lithium<\/span>–<\/span>ion<\/span> battery industry has moved beyond a race for scale to a deeper contest of \u201cextreme manufacturing.\u201d<\/span><\/p>\n

In an interview with <\/span>21st Century Business Herald<\/span><\/i>, Wang Yanqing, Chairman of <\/span>Lead Intelligent Equipment (hereafter referred to as LEAD)<\/span><\/b>, said the true inflection point for the industry is shifting from capacity expansion toward the integration of supply chain resilience and intelligent manufacturing. He also outlined the company\u2019s strategic thinking on securing leadership in next-generation technologies through forward-looking R&D.<\/span><\/p>\n

The following is an excerpt from the interview.<\/span><\/p>\n

A critical threshold\u2014from quantitative growth to qualitative transformation\u2014has arrived. The lithium<\/span>–<\/span>i<\/span>o<\/span>n<\/span> battery industry\u2019s \u201cTWh era\u201d (measured in terawatt-hours, signaling a new level of capacity and demand) is no longer a distant beacon but a rising tide already beneath our feet.<\/span><\/p>\n

In 2025, global demand for power batteries exceeded 1,300 GWh, while the energy storage market entered a period of rapid expansion.<\/span><\/p>\n

In reality, the industry is not merely stepping into the TWh era today. Leading battery manufacturers have already mapped out capacity plans that push toward the terawatt-hour scale.<\/span><\/p>\n

\u201cCompetition in the TWh era is not about a single company\u2014it is about the resilience of the entire industrial chain,\u201d Wang said. LEAD\u2019s role, he added, is to become the best equipment partner for customers advancing into the TWh era\u2014and ultimately a strategic partner for the industry as a whole.<\/span><\/p>\n

An engineer-entrepreneur who has spent more than two decades in equipment manufacturing, Wang\u2019s tone sharpens when discussing industry shifts and quickens when the topic turns to technological innovation.<\/span><\/p>\n

A native of Wuxi, he has seen both his personal wealth and the company\u2019s market value surge\u2014at one point placing the firm among China\u2019s \u201chundred-billion-yuan club.\u201d Yet when he speaks about corporate responsibility, his message remains firm: companies must look beyond domestic competition and toward global markets.<\/span><\/p>\n

In his view, growth cannot rely solely on the domestic arena. Expanding globally allows companies to move beyond price competition in a saturated market and seek new engines of growth abroad. The ambition is reflected in the words displayed on the wall of LEAD\u2019s headquarters: <\/span>to become a world-leading intelligent equipment company.<\/span><\/i><\/p>\n

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