According to a research report by CITIC Securities, domestic policies are propelling the growth of energy storage demand and driving up prices. In overseas markets, the United States and Europe are witnessing a surge in volume, while Asia, Africa, and Latin America are experiencing expansion across multiple fronts. Factors such as the relocalization of manufacturing in the U.S. are further fueling the demand for grid expansion, thereby tapping into the immense potential of the energy storage market. Chinese energy storage manufacturers are poised to seize this opportunity to bolster their global market presence and influence, fostering rapid performance growth. CITIC Securities holds a positive outlook on leading manufacturers with overseas energy storage solutions capabilities that are entering the AIDC power distribution solutions sector. Additionally, it is bullish on Power Conversion System (PCS) and cell suppliers that are collaborating with industry leaders for overseas expansion and leading the way in technology and branding.
