my country's total lithium battery production will exceed 940GWh in 2023, a year-on-year increase of 25%

According to news from this site on March 4, according to the Electronic Information Department of the Ministry of Industry and Information Technology, my country's lithium-ion battery (hereinafter referred to as "lithium battery") industry will continue to grow in 2023, and corporate information will be announced in accordance with the lithium battery industry specifications. According to calculations by industry associations, the total output of lithium batteries in the country has exceeded 940GWh, a year-on-year increase of 25%, and the total industry output value has exceeded 1.4 trillion yuan .

In the battery sector, the output of consumer, power, and energy storage lithium batteries from January to December was 80GWh, 675GWh, and 185GWh respectively, and the installed capacity of lithium batteries (including new energy vehicles and new energy storage) exceeded 435GWh. Export trade continues to grow. From January to December, the country's total lithium battery exports reached 457.4 billion yuan, a year-on-year increase of more than 33%.

In the first-level material segment, the output of cathode materials, anode materials, separators, and electrolytes from January to December reached 2.3 million tons, 1.65 million tons, 15 billion square meters, and 1 million tons respectively, with an increase of 15%. above.

In the field of secondary materials, as of December, the output of lithium carbonate and lithium hydroxide was approximately 463,000 tons and 285,000 tons respectively. The average prices of battery-grade lithium carbonate and battery-grade lithium hydroxide (micron powder grade) are 258,000 yuan/ton and 273,000 yuan/ton respectively.

Product prices in the lithium battery industry have dropped significantly throughout the year,

From January to December, the prices of battery cells and battery-grade lithium salts have dropped by more than 50% and 70% respectively.

Image source Pexels

This site noticed that according to statistics from the China Automotive Power Battery Industry Innovation Alliance, throughout 2023 , domestic power battery exports totaled 127.4 GWh, accounting for 83.5% of total lithium-ion battery exports. Among them, CATL, BYD and Funeng Technology are the top three companies in terms of export scale.

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