Review and Outlook of Energy Storage Industry IPOs in 2023

In 2023, the IPO market of the energy storage industry presented a mixed picture. Although more than 20 energy storage-related companies successfully went public, a considerable number of companies encountered setbacks during the IPO process and were forced to terminate their listing plans. These companies cover all key links in the energy storage industry chain, including battery cells, system integration, PCS, BMS, lithium battery manufacturing equipment, and upstream materials.