A new bill in the California senate, SB 913, could revolutionize the way home backup batteries are used, allowing utilities and grid operators to treat them like power plants. This would enable programs that pay homeowners for sharing excess energy capacity during peak demand, potentially turning home batteries into a new source of income. The bill aims to incentivize the adoption of energy storage systems, promoting a more efficient and resilient grid. According to Electrek, this move could have significant implications for the energy storage industry, enabling new business models and revenue streams.

China's lithium battery industry saw a surge in demand in the first quarter, with energy storage battery demand surpassing last year's fourth quarter. According to 36氪, the industry's growth was driven by strong demand for energy storage systems, with prices rising as a result. The report also noted that dynamic battery demand, driven by electric vehicles, saw stable growth, with overseas sales and single-vehicle battery capacity increasing. This trend is expected to continue, with many companies reporting strong earnings and growth prospects.

CATL's recent Super Tech Day event showcased the company's latest integrations and innovations, including its work with Changan and Avita. According to 第一电动, the event highlighted CATL's commitment to advancing battery technology and expanding its electric vehicle offerings. The company's integration with Deep Blue and Avita is expected to enhance its competitiveness in the market, while its focus on innovation is likely to drive further growth and development in the industry. As a leading player in the lithium battery market, CATL's moves are closely watched by industry observers and investors alike.