CATL Reports Over 20% Energy Storage Battery Sales in H1 2024, Boosted by Global Demand

【CATL: Energy Storage Battery Sales Exceed 20% in the First Half of 2024】SMM has learned that on July 26th, CATL (Contemporary Amperex Technology Co., Limited) responded in an investor Q&A session that its overall battery sales exceeded 200GWh in the first half of the year, with nearly 110GWh in total sales of power and energy storage batteries in the second quarter, among which energy storage batteries accounted for more than 20%.

CATL stated that the global demand for energy storage is robust, and the company's energy storage business has achieved rapid growth. Overseas customers have high requirements for the long-term use of battery products and highly recognize the long-term performance of CATL's energy storage products. With its integration capabilities from batteries to systems in energy storage batteries, CATL will work with partners to expand the overseas energy storage market through innovative business models.