China Battery Demand Hits 671 GWh in Jan-Apr, Storage Surges 90%
Lithium battery demand surged in 2026, driven by energy storage, exports, and commercial vehicles.
Latest in EV news, technologies, data and insights from China market
Lithium battery demand surged in 2026, driven by energy storage, exports, and commercial vehicles.
BYD has shipped 7,273 new-energy vehicles, primarily plug-in hybrids, to Europe, focusing on markets like Italy and Spain. Demand is high due to favorable trade policies, with exports setting new records.
The NIO ES9 quickly gained traction with high orders and strong buyer profiles, significantly impacting NIO’s overall sales and market sentiment.
Seres will launch a new automotive brand in June aimed at younger consumers, supported by Chongqing capital and ByteDance’s involvement.