On March 10, 2026, during the 2026 International Battery Technology and Innovation Application Summit, John H. Kwon, CATL's Global General Counsel, shared that currently, CATL's power battery business accounts for about 80% of its total, while the energy storage battery business makes up roughly 20%. He projected that within the next three years, this ratio will evolve to a 50-50 split, with the potential for the energy storage battery sector to eventually surpass the power battery business.
