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Conflict & Security April 22, 2026 565 stories in this edition

China’s battery makers stand to gain as Iran war reshapes energy storage demand: Fitch

SCMP Asia / Asia / 1m ago / Xinyi Wu
China’s battery makers stand to gain as Iran war reshapes energy storage demand: Fitch

Preview Brief

Chinese battery cell manufacturers are poised to benefit from the US-Israeli war in Iran, according to Fitch Ratings, even as fierce competition, overcapacity and thin margins weigh on some downstream firms. Global demand for energy storage was set to rise, driven by high oil prices and rapidly expanding artificial intelligence (AI) data centres, said Wang Ying, a managing director at the credit rating agency. “We be...

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Chinese battery cell manufacturers are poised to benefit from the US-Israeli war in Iran, according to Fitch Ratings, even as fierce competition, overcapacity and thin margins weigh on some downstream firms. Global deman...

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