CORNEX New Energy: Energy Storage Battery Cells Will Face Tight Supply and Demand in 2026-2027

Published: Mar 31, 2026 18:12

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President of CORNEX New Energy Co., Ltd., made a forecast on the energy storage battery cell market over the next two years. He pointed out that from 2026 to 2027, energy storage battery cells would remain in relatively tight supply, with the supply-demand relationship being the determining factor. Huang Feng analyzed that China accounted for more than 90% of global battery cell production and sales. In 2025, China’s battery cell production and sales were about 600 GWh, and in H2, the market had already seen a situation where supply could not keep up with demand, while actual capacity was only slightly above 500 GWh. Based on the industry’s average growth rate of 35%, demand is expected to reach 800-850 GWh this year, and the overall market will still face pressure.

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