Part 2/12:

"Look, the entire park is empty. We used to have thousands of people here," laments a man from Jangsu. Nearby, another lithium battery factory spanning 100 acres with seven or eight buildings and 50 acres of vacant land has also closed down. Despite their shutdown, the factories' equipment remains in fairly good condition.

This situation reflects the broader shutdowns in China's lithium battery industry this year. Insiders report that the entire new energy sector is under immense pressure, with declining orders and factory closures becoming the norm.

The Rise and Fall of China's Lithium Battery Boom