China’s NDRC, NEA issue 15th Five-Year Plan for new energy storage

The emphasis on orderly project advancement and guarding against blind expansion signals that Beijing is prioritizing supply discipline over volume growth in the storage battery chain, a shift with direct bearing on makers facing margin pressure. The parallel push for raw-material supply security and self-reliant manufacturing across the full chain suggests policy support is tilting toward vertical integration and domestic sourcing rather than capacity additions. Whether local governments and project approvals actually slow to match the plan's language is the open question, and how raw-material suppliers and smaller cell makers adapt to a less expansion-friendly framework is worth watching.