Article #8101
South China Morning Post - World News
| Title | China’s battery makers stand to gain as Iran war reshapes energy storage demand: Fitch | Source | South China Morning Post - World News |
| Description | Chinese battery cell manufacturers are poised to benefit from the US-Israeli war in Iran, according to Fitch Ratings, even as fierce competition, overcapacity and thin margins weigh on some downstream firms. Global demand for energy storage was set to rise, driven by high oil prices and rapidly expanding artificial intelligence (AI) data centres, said Wang Ying, a managing director at the credit rating agency. “We believe that China’s leading energy storage cell manufacturers will be the bigger... | ||
| Link | https://www.scmp.com/economy/china-economy/article/3351035/chinas-battery-makers-stand-gain-iran-war-reshapes-energy-storage-demand-fitch?utm_source=rss_feed | Published At | 2026-04-22 10:00:15 (3 days ago) |
| Created At | 2026-04-22 10:02:16 | Updated At | 2026-04-22 10:02:16 |