Utility-scale storage jumped 66% last year, outpacing EV battery growth, as operators turned to batteries to balance renewables and cover peak demand. (Inside EVs)
Texas leaned on 3.8 GW of new batteries to dodge summer blackouts, while California now tops 8.6 GW—enough to supply up to 30% of evening demand in CAISO.
With more than 90% of global supply still in China, US firms like LGES and Tesla are racing to onshore production.