Gotion and Volkswagen AG will establish three joint ventures to manufacture lithium iron phosphate (LFP) batteries and battery materials in Valencia (Spain), Surany (Slovakia), and Kenitra (Morocco).

A new wave of cell price hikes is sweeping the battery energy storage industry. Major manufacturers have initiated price increases, with smaller producers quickly following suit.

CNESA’s report is a comprehensive overview of China’s energy storage sector in H1 2026 and outlines the industry outlook under the 15th Five-Year Plan.

Sungrow’s first-half-of-year (H1) revenue fell 28.99% year-on-year, while net profit attributable to owners of the parent company dropped 32.01%.

China’s listed battery storage companies have entered the peak interim reporting season, with H1 2026 likely marking the broadest profit recovery in recent years.

CATL’s Core Operation Carbon Neutrality Launch Event was held in Ningde, Fujian Province, China, on 17 August.

Energy storage deployments in China saw significant year-over-year growth in 2025 as the market size effectively doubled.

The State Council of China recently released the 15th Five-Year Carbon Peaking Action Plan, outlining a roadmap for carbon peaking through the Action Plan period.

On 29 June, the China Energy Storage Alliance (CNESA) and the China Automotive Battery Industry Innovation Alliance jointly released the ‘Initiative on Standardising Supplier Payment Practices for Power and Stationary Storage Battery Enterprises.’

The trend for mainland China-listed energy storage firms to seek secondary listings on the Hong Kong Stock Exchange shows no sign of abating, writes Carrie Xiao.