TREE NEWS reports: China’s power and energy storage battery sales reached 222.7GWh in September, up 52% year on year but down 0.2% month on month. Power batteries accounted for 149.2GWh, or 67.0% of the total, up 35.0% year on year; energy storage batteries totaled 73.5GWh, 33.0% of the total, up 104.4% year on year. Cumulative sales for January-September reached 1,681.7GWh, up 57.6% year on year.
China Sept Power and Energy Storage Battery Sales Hit 222.7GWh, Up 52% YoY
AI take
The standout is energy storage: it doubled year on year and now makes up roughly a third of monthly sales, while power batteries grew at a far slower pace. That mix shift says storage, not EVs, is where incremental demand is coming from — a signal for battery makers, integrators and the upstream materials chain. The near-flat month-on-month print is the caveat, so whether storage's share keeps climbing or merely reflects a soft power-battery month is the open question.
Generated by AI for reference only.
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