2025年前三季度全球储能电池出货428Gwh，同比增长90.7%

Core Viewpoint - The global energy storage battery shipments reached 428 GWh in the first nine months of 2025, marking a year-on-year growth of 90.7% [1] Company Analysis - CATL leads the market with over 100 GWh shipped, significantly ahead of competitors, especially in overseas markets [3] - Other companies like Hicharge, EVE Energy, Fudi Battery, Ruipu Lanjun, and Zhongchuang Innovation have shipped over 30 GWh, placing them in the second tier [3] Market Segmentation - The source-side market accounts for 79.2% of shipments, while industrial and commercial sectors contribute 9.4%, and household & portable storage account for 9.1% [5] - The demand for source-side energy storage has increased significantly due to new policies and the growth of renewable energy [8] Regional Insights - In regions with high renewable energy generation like Inner Mongolia, Xinjiang, and Qinghai, independent energy storage development has surged post-policy changes [8] - Emerging overseas markets such as Saudi Arabia, Australia, and Chile are experiencing increased demand for energy storage due to declining costs of solar and storage technologies [9] Supply and Demand Dynamics - The 314 Ah battery cells are currently in short supply, leading to price increases, driven by demand from major integrators like Tesla and others [10] - The demand for 100 Ah battery cells has also surged, particularly in Europe and Australia, due to subsidy policies [16] Future Outlook - The industry is expected to maintain high growth momentum in Q4, with leading companies operating at full capacity and ongoing supply shortages for key battery models [21]