Zheng Quan Shi Bao Wang·2025-10-10 00:08Core Insights - The report from CITIC Securities indicates that the energy storage industry is at a significant economic turning point, similar to past trends observed in the photovoltaic, electric vehicle, and smartphone sectors [1] - The past two years have seen a dramatic decline in battery cell costs and advancements in technology, leading to a substantial reduction in energy storage system costs [1] - Starting in 2024, the urgent demand for economic viability and energy transition overseas is expected to drive widespread growth in the energy storage sector, potentially replicating historical patterns of accelerated penetration and demand growth [1] - The report expresses a strong positive outlook for leading companies in integrated systems, lithium battery materials, and inverters across various segments of the energy storage supply chain [1]