Support CleanTechnica's work through a Substack subscription or on Stripe. Technically, batteries are always being used for energy storage. However, in this industry, saying they will be used for “energy storage” means for stationary energy storage systems rather than in electric vehicles. Anyway, the largest battery maker in the world, ... [continued]

Support CleanTechnica's work through a Substack subscription or on Stripe. Technically, batteries are always being used for energy storage. However, in this industry, saying they…

CATL expects battery storage to become half of its business by 2030, up from 25% today, as growing renewable energy deployment drives demand for grid-scale storage.

CATL, GM, and other major battery makers are pivoting from EVs to grid-scale energy storage, a shift that could raise EV prices and reshape global energy markets.