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China's Energy Storage Companies Proliferate. Ningde Ceo Zeng Yuqun Warns of Potential Safety Risks. | Cross-Strait

Summary by cna.com.tw
Zeng Yuqun, former chairman of battery giant CATL, said that China currently has more than 300,000 registered energy storage companies. Full marketization will accelerate the reshuffle of the industry, and a large number of companies will be eliminated. In the future, there will be many "orphan power stations" with no one to maintain them.
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cna.com.twcna.com.tw

China's Energy Storage Companies Proliferate. Ningde Ceo Zeng Yuqun Warns of Potential Safety Risks. | Cross-Strait

Zeng Yuqun, former chairman of battery giant CATL, said that China currently has more than 300,000 registered energy storage companies. Full marketization will accelerate the reshuffle of the industry, and a large number of companies will be eliminated. In the future, there will be many "orphan power stations" with no one to maintain them.

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cna.com.tw broke the news in on Wednesday, September 17, 2025.
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