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World’s Largest Battery Maker Bets Big on Energy Storage

CATL expects battery storage to become half of its business by 2030, up from 25% today, as growing renewable energy deployment drives demand for grid-scale storage.

The world’s top battery manufacturer, CATL, expects sales of battery storage systems to account for half of its total sales in the coming years, signaling strong optimism about the battery storage sector as countries investing in alternative energy s… [3749 chars]

Source: OilPrice | Published: 2026-06-09T19:00:00Z

Credit: OilPrice

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