Energy · 1.14

Batteries & Energy Storage

Quantified news impact based on deduplicated, quality-reviewed events in a single 60-day window.

Average net impact+20weighted per event

Average gross impact25absolute weighted average

Events52same period

Confidence74%model average

Raw intensity56before weighting

Previous period0net impact

Gross changeInsufficient base

Diffusion speed0.9 / day

Concentration3%

Direction disagreement17%

Source independence98%19 sources

IMPACT TREND

60-day effective impact

Positive 45 · Negative 3 · Mixed 4

+240-24

4 Jun0 events

9 Jun0 events

14 Jun0 events

19 Jun0 events

24 Jun0 events

29 Jun0 events

4 Jul0 events

9 Jul0 events

14 Jul0 events

19 Jul0 events

+18

24 Jul29 events

+24

29 Jul23 events

Current periodPrevious period

TIME HORIZON

Impact duration

Immediate0%0 cumulative effective impact

Short term42%537 cumulative effective impact

Medium term46%586 cumulative effective impact

Long term12%158 cumulative effective impact

CO-IMPACT

Related industries

EVENT EVIDENCE

Events ranked by effective impact

Page 1 of 6 · 51 events

Macro4

Macro30 Jul, 07:34positive

China's Goods Trade Exceeds RMB 25 Trillion in First Half of 2026, New Three Exports Top RMB 800 Billion

China's goods trade reached RMB 25.47 trillion in the first half of 2026, up 16.9% year-on-year, the first time exceeding RMB 25 trillion for the period. Imports hit RMB 10.74 trillion, up 22.1%. Exports of the 'new three' products — electric vehicles, lithium batteries, and solar cells — totaled RMB 819.64 billion, up 46.1%. Private enterprises accounted for 57% of trade value. The data underscores China's continued dominance in global goods trade.

Effective: +65
Intensity: 88
Confidence: 95%
Horizon: Short term

Macro28 Jul, 08:19positive

NDRC and NEA Issue Renewable Energy 15th Five-Year Plan, Setting Four Targets

The National Development and Reform Commission and the National Energy Administration have jointly unveiled the Renewable Energy Development 15th Five-Year Plan. The plan, covering the 2026–2030 period, sets out targets in four areas: total renewable energy volume, power generation, non-electric utilization, and reliable substitution. It provides a policy framework to guide the sector’s development over the next five years.

Effective: +49
Intensity: 78
Confidence: 79%
Horizon: Short term

Macro27 Jul, 10:52positive

Guangzhou H1 2025 GDP Up 5.8%, IC Manufacturing Jumps 73.9%, NEV Output Rises 53.2%

In the first half of 2025, Guangzhou's gross domestic product grew 5.8% year-on-year to RMB 1,604.5 billion, the highest half-year growth rate since 2022. The primary sector added value of RMB 10.8 billion, up 3.2%; the secondary sector rose 5.6%; and the tertiary sector grew 5.9%. Among first-tier cities, Guangzhou tied with Shenzhen for the fastest growth. Industrial production improved significantly, with integrated circuit manufacturing value added surging 73.9% and new energy vehicle output increasing 53.2%. Fixed-asset investment rose 6.1%, and high-tech manufacturing investment grew 29.5%.

Effective: +44
Intensity: 78
Confidence: 80%
Horizon: Short term

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: +39
Intensity: 68
Confidence: 80%
Horizon: Medium term

Industries2

Industries27 Jul, 20:34positive

Google Raises 2026 Capex to $195-205 Billion; Big Four Total $725 Billion, Up 77%

Google raised its 2026 capital expenditure guidance to $195-205 billion, with Q2 capex of $44.9 billion. Combined with Microsoft, Amazon, and Meta, the four companies' 2026 capex totals about $725 billion, up 77% from 2025. Including ByteDance and Alibaba, global AI infrastructure investment nears $1 trillion. The power transformer sector faces a hard gap, energy storage cell makers saw strong Q1 growth, and liquid cooling penetration is rising but earnings realization lags.

Effective: +50
Intensity: 85
Confidence: 90%
Horizon: Short term

Industries31 Jul, 11:16positive

Ministry of Industry and Information Technology Holds Solid-State Battery Standards Meeting, 10 Draft

The Ministry of Industry and Information Technology held a meeting to discuss 10 draft industry standards for solid-state lithium batteries, covering the full industry chain and three major technical routes: sulfide, oxide, and polymer. The China Electronics Standardization Institute is overseeing the drafting. The standards are divided into four core electrolyte material standards, three cell and general standards, and three testing and safety standards. They complement the national standard GB/T 43568-2026, which defines semi-solid batteries as having 5% to 20% liquid electrolyte, and all-solid-state batteries as having less than 5% and passing a 120°C vacuum test with weight loss under 0.5%. The push for standards aims to curb disorderly expansion and marketing hype in the sector.

Effective: +48
Intensity: 75
Confidence: 85%
Horizon: Medium term

Companies4

Companies27 Jul, 19:10positive

CATL first-half revenue up 54.8% to 276.9 billion yuan; net profit 43.3 billion yuan; plans 20-40 billion yuan

Contemporary Amperex Technology (CATL) reported first-half 2026 revenue of RMB276.9 billion, up 54.8% year on year, with net profit of RMB43.3 billion, a 42% rise. The company announced a share buyback of RMB20–40 billion, the largest single buyback in China's A-share history. Power battery revenue grew 46% and maintained a 40.2% global market share, while energy storage revenue surged 87.5% to RMB53.3 billion. Overseas revenue climbed 42.4% to RMB87.1 billion with a margin of 30%. Overall gross margin slipped 1.1 percentage points to 23.9% due to higher raw material costs.

Effective: +63
Intensity: 85
Confidence: 90%
Horizon: Short term

Companies30 Jul, 17:25positive

Chinese Firms Announce RMB 67.6 Billion Buyback in July 2026; CATL RMB 40 Billion, Foxconn RMB 2 Billion

Chinese companies in July 2026 announced a total of RMB 67.6 billion in stock buybacks, the largest such plan since the tariff escalation in April 2025, aiming to curb a sell-off and boost investor confidence. CATL will repurchase up to RMB 40 billion, while Foxconn Industrial Internet plans RMB 2 billion. The move comes amid a global equity rout driven by concerns over AI valuations and capital spending, with Chinese authorities also deploying new support measures. The CSI 300 fell over 7% in July, on track for its worst month since October 2022, while the STAR 50 index plunged about 24%.

Effective: +53
Intensity: 75
Confidence: 90%
Horizon: Short term

Companies29 Jul, 09:46negative

CATL H1 2026 Revenue Jumps 55%, Net Profit Rises 42%, Gross Margin Slips to 23.2%

CATL posted H1 2026 revenue of RMB 276.9 billion, up 54.8% year-on-year, and net profit of RMB 43.3 billion, up 41.98%. Gross margin fell to 23.2% in Q2, near a multi-year low, as lithium carbonate costs rose. Energy storage revenues climbed to 19.2% of total sales, while battery shipments surged 61%.

Effective: -46
Intensity: 75
Confidence: 80%
Horizon: Short term

Companies27 Jul, 08:50negative

Tesla Q2 Revenue Up 25.5% to $28.2 Billion, but Operating Profit Misses at $400 Million

Tesla reported second-quarter 2026 revenue of $28.2 billion, up 25.5% year-on-year, but operating profit plunged to $400 million, far below expectations. Automotive gross margin fell to 16.3%, also missing estimates. Core auto sales revenue rose 27% to $20 billion, though average selling price declined. Robotaxi in Austin achieved 50% to 60% unsupervised trips but no large-scale milestone. Capital expenditure guidance remains above $25 billion.

Effective: -43
Intensity: 70
Confidence: 85%
Horizon: Short term