Chinese Li-ion industry could reach $2.5 trillion as EV industry grows

By Albert Li
Published: Monday, 16 November 2015

EV production is expected to continue to grow in China, driving up the value of the Chinese Li-ion battery industry and creating demand for lithium producers, key material providers and the downstream battery core installation market. However, despite China's growth in this area, the industry is not without its challenges in terms of production and quality.

Electric vehicle (EV) production in China during October increased eight-fold year-on-year (y-o-y) to 50,700 units, according to the China Ministry of Industry and Information Technology.

Total production between January and October, meanwhile, increased to 206,900 units, a three-fold increase from the previous year. 

"It is expected that...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.