The Democrats have won the House and the Senate in the US Midterm elections, dealing a blow to the Trump administration and sending Chinese and Korean battery share prices upwards.
LG Energy Solution saw 28% quarter-on-quarter growth in revenue in Q3 2026, with “significant energy storage system (ESS) shipment growth” among the main drivers.
Carrie Xiao reports on the recent financial and operational results of Chinese portable battery storage manufacturers, many of which are based in Shenzhen.
Deye, EVE Energy and Ganfeng Lithium are among Chinese energy storage players to recently release Q3 2026 financial results, with all three reporting robust growth.
Energy storage is becoming an indispensable new-type power system infrastructure, CATL CEO and chairman Robin Zeng said in an industry speech last week.