Lithium battery production

China is the world's largest lithium battery production and manufacturing base, the second largest producer and exporter of lithium batteries, with lithium batteries accounting for 40% of the global market share. In 2011, China's lithium battery production reached 2.966 billion units, a year-on-year increase of 10.88%. The domestic lithium battery export value was 438300 US dollars, achieving a trade deficit of 335.077 million US dollars. Please refer to the "Forward Looking Market Demand Forecast and Investment Strategy Planning Analysis Report of China's Lithium Battery Industry" for details.
With the rapid development of industries such as mobile phones, laptops, digital cameras, electric vehicles, electric tools, and new energy vehicles in China, the demand for lithium batteries will continue to grow. At the same time, due to technological innovation by lithium battery manufacturers, people's demand for lithium batteries will continue to grow. It is expected that the growth rate of lithium battery production in China will remain above 10% in 2012, It is expected that the output value of China's lithium battery industry will reach 353 billion yuan by 2015.