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Energy & Mobility

CATL profit surges 42% on energy storage demand spike

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CATL profit surges 42% on energy storage demand spike

Chinese battery giant CATL saw net profit surge 42% in H1 2026, driven by energy storage demand. For Indian EV and battery startups, this signals a structural shift: stationary storage (grid stabilisation, solar buffering) is higher-margin than automotive; diversify away from EV-only exposure.

Source: ET Tech ↗

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