Raw Material Volatility and Battery Tax Policy Drive Energy Storage Price Hikes of Up to 30%

Affected by multiple factors including raw material price volatility, the implementation of the new battery consumption tax policy, and robust market demand, several energy storage industry chain companies have recently announced product price increases. Prices for battery cells, PCS (power conversion systems), and energy storage systems have generally risen, with the highest increase reaching 30%. Cost pressure is being transmitted downstream along the industry chain, with varying degrees of strain across different segments, among which the system integration segment faces the most prominent pressure.