Chinese Tier 2 battery producers double down on energy storage market amid EV competition
:format(auto):focal(center))
Chinese Tier 2 cell producers are increasingly focusing on energy storage systems (ESS) applications amid intense competition in the electric vehicle (EV) market. Overcapacity and low prices are weighing on margins and forcing suppliers to find alternative routes to survive. “Tier 2 companies like REPT and EVE Energy have shifted their focus to the ESS […]