Energy · 1.14

Batteries & Energy Storage

Quantified news impact based on deduplicated, quality-reviewed events in a single 200-day window.

Average net impact+23weighted per event

Average gross impact27absolute weighted average

Events55same period

Confidence74%model average

Raw intensity57before weighting

Previous period0net impact

Gross changeInsufficient base

Diffusion speed0.3 / day

Concentration3%

Direction disagreement16%

Source independence98%19 sources

IMPACT TREND

200-day effective impact

Positive 48 · Negative 3 · Mixed 4

+230-23

15 Jan0 events

1 Feb0 events

17 Feb0 events

6 Mar0 events

23 Mar0 events

8 Apr0 events

25 Apr0 events

12 May0 events

28 May0 events

14 Jun0 events

1 Jul0 events

+23

17 Jul55 events

Current periodPrevious period

TIME HORIZON

Impact duration

Immediate0%0 cumulative effective impact

Short term40%610 cumulative effective impact

Medium term48%731 cumulative effective impact

Long term11%171 cumulative effective impact

CO-IMPACT

Related industries

EVENT EVIDENCE

Events ranked by effective impact

Page 2 of 6 · 54 events

Macro4

Macro30 Jul, 08:00positive

National Energy Administration: Energy Investment in 15th Five-Year Plan to Exceed 20 Trillion Yuan

The National Energy Administration announced that during the 15th Five-Year Plan period (2026-2030), investment in key energy projects and new business forms will exceed RMB 20 trillion, significantly higher than the 14th Five-Year Plan total. The investment, averaging over RMB 100 billion per day, is divided into three dimensions: safety, transition, and new opportunities. Safety project investment rises over 10%, grid investment growth exceeds 30%, and new energy's share of power source investment nears 60%. New business forms receive over RMB 2 trillion, focusing on green hydrogen, storage, and virtual power plants.

Effective: +41
Intensity: 68
Confidence: 80%
Horizon: Medium term

Macro30 Jul, 06:04positive

China's Light Industry Value-Added Grows 5% in First Half of 2026

China's light industry recorded a 5.0% year-on-year increase in value-added output for the first half of 2026, with revenue reaching 11.2 trillion yuan, according to the China Light Industry Council. Retail sales of 11 categories of light industrial goods exceeded 4.3 trillion yuan, up 4.4%, driven by consumption-boosting policies. High-efficiency home appliance sales surged over 30%, while wearable smart device sales more than doubled. Exports rose 6.7% to 487.04 billion USD, with 14 sectors including home appliances and batteries each exceeding 10 billion USD in export value.

Effective: +38
Intensity: 65
Confidence: 85%
Horizon: Medium term

Macro3 Aug, 08:00positive

NDRC Issues 15th Five-Year Plan for Circular Economy, Targets 8 Trillion Yuan by 2030

The National Development and Reform Commission has issued the 15th Five-Year Plan for Circular Economy Development, targeting an output value of 8 trillion yuan from the resource recycling industry by 2030. The plan aims to raise main resource productivity by about 16% from 2025 levels, when it was already 77% higher than in 2012. It also outlines measures to improve recycling of spent power batteries, wind turbines, and photovoltaic panels as large-scale decommissioning begins.

Effective: +37
Intensity: 70
Confidence: 75%
Horizon: Medium term

Macro29 Jul, 19:58positive

Shenzhen Aims for Strategic Emerging Industries to Hit 2.3 Trillion Yuan, 45% of GDP by 2030

Shenzhen's municipal authorities have issued a plan to develop new quality productive forces and cultivate strategic emerging industries and future industries. By 2030, the city aims for the value-added of strategic emerging industries to reach RMB 2.3 trillion, accounting for 45% of its gross domestic product, with advanced manufacturing as the backbone of a modern industrial system.

Effective: +31
Intensity: 75
Confidence: 65%
Horizon: Long term

Industries3

Industries28 Jul, 21:45positive

Xingyuan Caili Says Diaphragm Prices Recover on Tight Supply-Demand, Overseas Pricing Higher

Xingyuan Caili, in an institutional research presentation, stated that the diaphragm market is experiencing tight supply-demand dynamics due to strong downstream demand from power batteries and energy storage. Diaphragm prices have stabilized and recovered, with the company implementing batch price adjustments for core customers since the market bottomed in late 2025. In the first half of 2026, mainstream wet-process base film prices recovered significantly from end-2025 levels. Overseas pricing remains significantly higher than domestic pricing, supporting further price adjustment potential.

Effective: +40
Intensity: 70
Confidence: 80%
Horizon: Medium term

Industries2 Aug, 10:10positive

China Implements National Standard for Electric Vehicle Power Battery Durability

China has implemented a national standard on electric vehicle power battery durability, defining battery available energy state as the ratio of current usable energy to new-battery usable energy. On-board readings must not deviate from measured values by more than 5%, and virtual mileage conversions must stay within 3% of measured equivalents. For light-duty passenger cars, the battery available energy state must remain at least 82% after 5 years or 100,000 km, 75% after 8 years or 160,000 km, and 70% after 10 years or 200,000 km.

Effective: +36
Intensity: 60
Confidence: 80%
Horizon: Medium term

Industries27 Jul, 07:25positive

New Energy Vehicle Rural Policy Advances County Electrification and Consumption Shift

China's policy to promote new energy vehicles in rural areas continues to gain traction, driving the electrification of county-level transportation and transforming consumption patterns. The initiative is spurring profound changes in related sectors, supporting the broader adoption of electric vehicles in less urbanized regions.

Effective: +33
Intensity: 70
Confidence: 70%
Horizon: Medium term

Companies3

Companies27 Jul, 07:09positive

CATL: Capacity Utilization Near Saturation; 525GWh Effective, 764GWh Under Construction; Most to Launch in Two

CATL, the world's largest power battery maker, said its capacity utilization is essentially at full load, with effective capacity reaching 525GWh. The company is constructing 764GWh of additional capacity, with the majority of projects to be commissioned within the next two years. The future capacity expansion will substantially lift total capacity, underpinning order delivery and market share retention.

Effective: +36
Intensity: 65
Confidence: 80%
Horizon: Medium term

Companies29 Jul, 19:19positive

Deye Refiles H-Share Listing Application to HKEX on July 28, 2026

Deye refiled its H-share listing application to the Hong Kong Stock Exchange on July 28, 2026, with joint sponsors CICC, CITIC Securities, and CMB International. The world's largest residential energy storage inverter provider by 2025 sales, with a 20.6% market share, reported 2025 revenue of RMB 12.22 billion and net profit of RMB 3.17 billion. In the first four months of 2026, revenue reached RMB 6.18 billion and net profit RMB 1.61 billion, up 74.3% year-on-year. Founder Zhang Hejun controls about 60% of voting rights.

Effective: +35
Intensity: 65
Confidence: 80%
Horizon: Medium term

Companies29 Jul, 23:48positive

NextEra Energy and Brookfield Plan $100 Billion Data Center Campus on Former Kentucky Uranium Site

NextEra Energy and Brookfield plan to invest about $100 billion to develop a data center campus on a former uranium enrichment site in Paducah, Kentucky. NextEra will build and own dedicated power facilities including 2 gigawatts of gas generation and up to 2.6 gigawatts of battery storage, while Brookfield will own and operate the 1.8-gigawatt data center campus. The project aligns with the Trump administration's policy requiring data center operators to pay above-market electricity rates. It still requires final binding agreements.

Effective: +33
Intensity: 70
Confidence: 70%
Horizon: Long term