Carrie Xiao reports on the recent financial and operational results of Chinese portable battery storage manufacturers, many of which are based in Shenzhen.
Tesla’s energy storage business deployed 13.7GWh in Q3 2026, its second-highest quarterly figure to date, but saw a 16% year-on-year decline in revenues for the division.
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.
Zinc hybrid cathode battery and storage system maker Eos Energy Enterprises has reported its highest quarterly revenue to date alongside a narrowing gross margin loss.
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.
ESS Tech Inc highlighted the potential of its recent partnership with Alsym Energy and the advancement of its sodium-ion technology in its recent financial report.
Manufacturing delays have led Fluence to adjust its fiscal year 2026 guidance, even as the company has logged record quarterly orders and a US$6.4 billion backlog.