BEIJING, March 2 -- China's lithium-ion battery sector sustained its growth momentum in 2023, with the total output rising 25 percent year on year, official data showed. The sector saw its total output of lithium-ion batteries exceed 940 gigawatt-hours (GWh) last year, according to the Ministry of Industry and Information Technology.
[Photo/VCG] BEIJING -- China's lithium-ion battery industry sustained rapid expansion in the first 10 months of 2022, official data showed. The total output of lithium-ion batteries exceeded 580 gigawatt-hours (GWh) in the January-October period, data from the Ministry of Industry and Information Technology showed.
The output value of the sector surpassed 1.4 trillion yuan ($197 billion) during the same period. The output of lithium-ion batteries for power storage stood at 185 GWh. The installed capacity of power batteries exceeded 435 GWh.
The sector saw its total output of lithium-ion batteries exceed 940 gigawatt-hours (GWh) last year, according to the Ministry of Industry and Information Technology. The output value of the sector surpassed 1.4 trillion yuan ($197 billion) during the same period. The output of lithium-ion batteries for power storage stood at 185 GWh.
Specifically, the output of lithium-ion batteries used for consumer products surpassed 84 GWh. The installed capacity of power batteries for new energy vehicles (NEVs) came in at about 224 GWh in the first 10 months. Exports of lithium-ion battery products soared 87 percent year-on-year, according to the ministry.
The sector saw its total output of lithium-ion batteries exceed 940 gigawatt-hours (GWh) last year, according to the Ministry of Industry and Information Technology. The output value of the sector surpassed 1.4 trillion yuan (about 197 billion U.S. dollars) during the same period.
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BEIJING -- China''s lithium-ion battery sector sustained its growth momentum in 2023, with the total output rising 25 percent year-on-year, official data showed. The sector saw its total output of lithium-ion batteries …
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China''s lithium-ion battery output up 25% in 2023
China''s lithium-ion battery sector sustained its growth momentum in 2023, with the total output rising 25% year on year, official data showed. The sector saw its total output of lithium-ion batteries exceed 940 gigawatt-hours (GWh) last year, according to the Ministry of Industry and Information Technology.
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4 · BEIJING -- China''s lithium-ion battery industry sustained rapid expansion in the first 10 months of 2022, official data showed. The total output of lithium-ion batteries exceeded 580 gigawatt-hours (GWh) in the January-October period, data from the Ministry of Industry and Information Technology showed.
China''s lithium-ion battery output up 25% in 2023
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BEIJING -- China''s lithium-ion battery sector sustained its growth momentum in 2023, with the total output rising 25 percent year-on-year, official data showed. The sector saw its total output of lithium-ion batteries exceed 940 gigawatt-hours (GWh) last year, according to the Ministry of Industry and Information Technology.
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China''s lithium-ion battery output up 25 pct in 2023
BEIJING, March 2 -- China''s lithium-ion battery sector sustained its growth momentum in 2023, with the total output rising 25 percent year on year, official data showed. The sector saw its total output of lithium-ion batteries exceed 940 gigawatt-hours (GWh) last year, according to the Ministry of Industry and Information Technology.