CATL expects energy storage to hit half of sales by 2030
CATL expects energy storage to reach half of global sales by 2030. The firm opened a testing center to address grid integration and safety as demand grows.
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CONTEMPORARY AMPEREX TECHN-A expects energy storage to generate 50% of its global sales by 2030. The battery manufacturer currently derives 25% of its revenue from storage, up from 2% five years ago. This pivot reduces reliance on the electric vehicle market as renewable energy integration drives global demand for grid-scale batteries.
