CITIC Securities: Lithium Battery Industry Outlook Expected to Improve in 2027

36Kr learned that a CITIC Securities research report says the overall lithium battery industry outlook is expected to pick up in 2027. On the demand side, global power battery demand is likely to remain strong, benefiting from rising per-vehicle battery capacity and the share of pure electric vehicles in China, higher global oil prices, and a new vehicle cycle. In addition, factors such as richer revenue models and emerging applications like AIDC are boosting the economics of energy storage installations, and global energy storage is entering a phase in which domestic and overseas demand are rising together. On the supply side, new capacity expansion in batteries and midstream materials is focused mainly on high-end products and overseas production. The industry's supply and demand are expected to improve further in 2027, with prices across the supply chain expected to stabilize and rebound, and high-end products likely to capture higher technology premiums. Meanwhile, accelerating industrialization of new battery technologies such as solid-state and sodium-ion batteries may bring investment opportunities across batteries, materials, and equipment. The report recommends focusing on leading supply chain companies with greater technological differentiation and stronger cost control.