Contemporary Amperex Technology Co., Limited (CATL) increased the price of its 314Ah energy storage cells. This adjustment responds to a new 2% consumption tax implemented by the Chinese government.
The tax policy takes effect on September 1, 2026. Major manufacturers including EVE Energy and Lishen Battery are also raising prices to pass these costs to customers.
This industry-wide shift marks a reversal from previous price declines driven by oversupply. Rising costs are now influenced by new tax mandates and raw material prices.