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Since the start of this year, the energy storage sector has experienced a surge in demand. This has resulted in a constrained supply of upstream energy storage cells, with some top-tier companies in the industry operating at full production capacity. On the evening of September 18, several publicly traded energy storage battery firms, such as Jiangxi Ganfeng Lithium and Huizhou EVE Energy, announced that their energy storage cell production facilities are now operating at full capacity. A research report issued by CITIC Securities highlighted that the influx of orders in the energy storage industry can be primarily attributed to a rise in overseas demand, a rebound in prices, the arrival of an industry inflection point, and the ongoing support provided by the new energy storage "doubling plan" for installations.
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