LS Electric Makes First Shipment of ESS PCS

[SMM Analysis] In H1 2026, global energy storage battery cell shipments reached 486 GWh. The power generation and grid side and industrial and commercial ESS remained the main demand sources. Top-tier players maintained their lead, while some enterprises saw significant improvements in market rankings. Meanwhile, shipments of large battery cells above 500Ah reached approximately 42 GWh, with product upsizing beginning to shift from introduction and verification to volume delivery. However, production ramp-up, manufacturing yield, quality control, and order coordination remain key constraints on volume growth. Looking ahead to H2, the energy storage battery cell market is expected to sustain high growth. The anticipated introduction of consumption tax and cancellation of export tax rebates may pull forward some demand and delivery pace. Industry competition will further shift toward product reliability, manufacturing stability, and sustained delivery capability.

In H1 2026, global lithium battery ESS shipments reached 461.3 GWh, up 71% from 269.7 GWh in the same period last year. The overall market presented a competitive landscape of "the first tier remains dominant, the second and third tiers are locked in a melee, while other enterprises struggle to survive in the cracks.