What is the proportion of lithium batteries in China in the world?

Yesterday, the organizer of the "2018 Third Asia-Pacific Battery Show" to be held in Guangzhou in August was informed that China's lithium battery market share exceeded 60% in the global market, completely surpassing Japan and South Korea and winning the world first. According to the organizers, the Asia-Pacific Battery Show has attracted more than 800 exhibitors from more than 50 countries around the world. The Millennium products are gathered together. The registered buyers are also from 20 countries in Europe, America, Southeast Asia, etc., international giants LG, Jaguar Land Rover, Famous companies such as Tesla also came to the market. According to the organizers of the Asia-Pacific Battery Show, China’s power battery shipments reached 44.5 million GWh last year, up 12% year-on-year. Among them, the ternary power battery has sprung up, and the installed capacity has soared to 16.56GWh, up 165% year-on-year. And the emergence of Ningde era, BYD, Wattma and other star companies with more than 1GWh installed capacity.

The industry expects that by 2020, China's battery capacity will account for more than 70% of the global market share. Industry experts believe that new energy vehicles in the next three to five years will continue to be the main driving force for the growth of lithium battery production.

The organizer of the Asia-Pacific Battery Show said: "At present, China, as the world's largest power battery sales and sales country, is attracting more and more overseas businesses to expand the market."

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