Overseas household energy storage demand has grown explosively, and Chinese battery companies have collectively gone overseas to seek gold. 

For example, Tesla, a local brand of home energy storage in the United States, has successively raised the price of its home energy storage product Powerwall due to the hot market demand and serious imbalance between supply and demand. The current backlog of orders has exceeded 80,000. 

The rising demand for domestic energy storage overseas also presents an excellent opportunity for Chinese battery companies targeting this field. 

"A large part of our energy will be devoted to the overseas energy storage field in 2021. From January to August this year, the shipment of household energy storage batteries has increased significantly." A relevant person in charge of a battery company introduced to Gaogong lithium batteries that downstream demand is hot, and some customers are locked in advance. 2 years of production capacity. 

In the first half of the year, Paineng Technology, which focuses on household energy storage, sold 966MWh of energy storage products, of which 473.4MWh was sold in the single quarter of Q3, exceeding 444MWh in the first half of the year. Penghui Energy's home storage products were certified in Europe and Australia last year, and in 2021, it has also received a large number of orders for home energy storage business, and is actively promoting home energy storage certification in North America and Japan. 

In addition, the power battery big brother CATL announced the establishment of a joint venture with ATL, and household energy storage is one of the key markets targeted by the joint venture. Yiwei Lithium Energy also hoarded grain and grass, and invested in the construction of a 15GWh lithium iron phosphate battery project in Jingmen for logistics vehicles and household energy storage.