The 2025 (10th) New Energy Industry Expo recently concluded in Suzhou, China, bringing together industry leaders, government officials, and experts for four days of insightful discussions. The event featured 15 forums covering topics such as new energy industry innovations, battery value chain coordination, mineral exploration, and market forecasts. Participants engaged in discussions on industry challenges and opportunities, including the global lithium and cobalt market overview, energy storage market development, and battery material supply chains. Logan Lu, CEO of SMM, shared optimistic projections for NEV sales growth in China, Europe, and the US, highlighting the potential for significant market expansion and increased penetration rates. Liangbin Li of Ganfeng Lithium discussed the company's achievements in lithium recovery and recycling, emphasizing sustainable practices to support global carbon neutrality efforts. Mingyuan Ye from SMM ESS provided insights into the ESS market's current state, noting a temporary slowdown in demand growth due to policy changes. However, Ye expects a rebound post-2025, especially in China and the US, driving global market growth. Liang Wang, R&D Director of Ganfeng LiEnergy, shared expectations of increased new installations in the industry, signaling further investment opportunities. Ziya Lin, an industry analyst, highlighted the growing demand for lithium batteries driven by the global push for carbon neutrality. The industry is witnessing steady growth in LFP system penetration worldwide. Despite challenges like overcapacity in China's recycling sector, progress is being made towards optimizing capacity. The event also featured speeches by industry veterans, award ceremonies, and live broadcasts, underscoring the importance of collaboration and innovation in advancing the new energy sector.