China’s makers of energy storage systems, including Contemporary Amperex Technology (CATL) and Gotion High-Tech, stand to benefit as conflict in the Middle East keeps fossil fuel prices elevated, raising demand for their products in green energy projects, according to analysts.
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Business
October 30, 2026 at 3:00 AM
CATL, BYD, Gotion to gain as fossil-fuel prices drive demand for battery energy storage
SCMP Business
Excerpt from SCMP Business.