US EditionChina's power reforms, global data centre buildout usher in battery boom
China’s electricity market reforms and subsidies are driving a 75% rise in lithium-ion battery cell shipments, boosting exports to data centers and renewable projects worldwide.
8 Articles
8 Articles
China's battery boom: AI and green energy drive record demandChinese battery manufacturers are experiencing an unprecedented boom thanks to reforms in the domestic electricity market and the global construction of AI data centers. This year, China's battery exports have already exceeded $65 billion, and lithium-ion cell shipments could grow by 75%.
Analysis-China's energy reforms, worldwide data centre buildout introduce battery growth
A revamp of China's electricity market is boosting the economics of storing power just as international demand surges, sparking a boom for the Chinese energy storage manufacturers that already dominate globally. Chinese firms are on track for a 75% jump this year in global shipments of lithium-ion battery cells for energy storage, according to one estimate. They have exported more than $65 billion worth of storage and electric-vehicle batteries…
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