Newsgather

energy storage system

Estable5 noticias4 fuentesÚltima actualización: 03.06.2026

Últimas noticias

China’s lithium giant Ganfeng sees profit jump as demand for EVs and ESS batteries soars
Tecnología
19.04.2026

China’s lithium giant Ganfeng sees profit jump as demand for EVs and ESS batteries soars

Ganfeng Lithium, the world’s largest producer of lithium metal, has issued a strong profit forecast for the first quarter of this year as soaring demand for electric vehicles (EVs) and energy storage system (ESS) batteries lifted earnings. The company, based in China’s central Jiangxi province, said in an exchange filing on Thursday that increasing orders had driven up prices of lithium – a key material for EV and ESS batteries – helping it post an estimated profit of 1.6 billion yuan (US$234...

S
SCMP Tech