Ministry of Industry and Information Technology: The country’s total lithium-ion battery production exceeded 117GWh from January to February, a year-on-year increase of 15%

According to news from this website on April 17, the Ministry of Industry and Information Technology recently announced the operation of the national lithium-ion battery industry from January to February 2024: my country's lithium-ion battery (hereinafter referred to as "lithium battery") industry continues to grow.

According to the lithium battery industry standard announcement corporate information and industry association estimates, The total output of lithium batteries in the country from January to February exceeded 117GWh, a year-on-year increase of 15%.

Battery segment

In January-February, the output of energy storage lithium batteries exceeded 17GWh. The installed capacity of power lithium batteries for new energy vehicles is approximately 50GWh. From January to February, the country’s total lithium battery exports reached 61.94 billion yuan.

First-level material link

The output of cathode materials reached 277,000 tons, a year-on-year increase of 4.5%; the output of anode materials reached 230,000 tons, a year-on-year increase of 5.6%; the separator output reached 2.45 billion square meters, The same as the same period last year; electrolyte output reached 135,000 tons, a year-on-year increase of 3.8%.

Second-level materials link

The output of battery-grade lithium carbonate and lithium hydroxide was 75,000 tons and 41,000 tons respectively. From January to February, battery-grade lithium carbonate and lithium hydroxide (micron powder grade ) average prices were 97,000 yuan/ton and 92,000 yuan/ton respectively.

The installed capacity of passenger car power batteries continues to grow globally, with outstanding performance in the field of new energy vehicles. This site previously reported that a report pointed out that the global installed capacity of passenger car power batteries will increase by 44% year-on-year in 2023. The main factors driving this growth are two aspects: the increase in the average battery capacity of each vehicle and the increase in electric vehicle sales in 2023. Continued growth. In the Chinese market, entry-level electric vehicles have expanded significantly, resulting in increased production capacity and average battery capacity.

In addition, Chinese battery manufacturers are growing faster than most other countries and account for more than two-thirds of global electric vehicle battery production capacity, with CATL accounting for 35% and BYD accounting for 16% .

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