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Chinese lithium-ion battery sales reach $11bn in 2016

By Albert Li
Published: Monday, 20 February 2017

Data released by the China Industrial Association of Power Sources shows sales in 2016 were valued at $11bn, with an output of 43.35bn.

Sales of lithium-ion batteries in China totalled Chinese renminbi (Rmb) 78.63bn ($11.44bn) in 2016, according to figures released by the China Industrial Association of Power Sources (CIAPS).

The country's top two companies had turnovers of over Rmb 10bn each.

The combined output of batteries produced by all companies...

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