Hot products for energy storage exports

Why are China's energy storage products so important?

Our insights reveal that Chinese manufacturers are likely to maintain their export advantage on energy storage products due to their high productivity and low costs. Elsewhere, factories outside of China still face various long construction cycles, slow production capacity ramp up, and unverified product quality.

Should China be worried about oversupply in the energy storage sector?

Indeed, most overseas production capacity has been allocated to electric vehicles (EVs), limiting the local supply flowing into the energy storage sector, thus leaving a huge opportunity for China’s exports. Nevertheless, Chinese manufacturers should be cautious of persistent oversupply in the energy storage segment.

Where do Chinese storage companies invest?

Europe, the US, and Southeast Asia are among the top markets for Chinese manufacturing investment. Consequently, Chinese storage investors and manufacturers have grown their overseas footprint to 22 countries.