What is China energy storage Alliance?

Learn more about how we can help you, or contact us. Century Technology and Trade Mansion66 Zhongguancun E Rd，Haidian District，Beijing. The China Energy Storage Alliance is a non-profit industry association dedicated to promoting energy storage technology in China.

Why is China expanding CATL & BYD in the energy storage industry?

Expansion of CATL and BYD in the energy storage industry signifies China’s proactive approach towards gaining market control for batteries in both electric vehicles and stationary storage sectors across the world.

Can EVs be cheaper in China?

“What we’ve discovered in China is that electrification, and the democratisation of the EV, prioritises consumer affordability. By making it cheaper, China wins.” CATL headquarters in Ningde, Fujian province. The company has 18,000 research staff and an R&D budget that doubled last year to more than $2bn© Qilai Shen/Bloomberg

Which energy storage company has the most battery deliveries in the world?

CATL has ranked first globally in terms of battery deliveries for energy storage since 2021 with more than 40% of the global market share, according to its annual report. It counts among its major clients state-owned power companies such as Huaneng as well as top energy storage system manufacturers including Sungrow Power Supply (300274.SZ).

When will China's electric car plant start production?

The electric-vehicle maker said at a signing ceremony in the Chinese city that construction of the plant was planned for the third quarter of this year, with production scheduled to begin in the second quarter of 2024.