Ministry of Industry and Information Technology: the total output of lithium batteries in China exceeds that of 580GWh from January to October.

CTOnews.com December 21 news, data from the Ministry of Industry and Information Technology show that from January to October 2022, China's lithium-ion battery industry continued to grow rapidly. According to the industry standard announcement, enterprise information and research institutions estimated that the total output of lithium battery in China exceeded 580GWh from January to October.

Tuyuan PexelsCTOnews.com learned that in the battery sector, the national production of consumer batteries exceeded that of 84GWh from January to October, the installed capacity of power batteries was about 224GWh, and the export of lithium battery products increased by 87% compared with the same period last year.

In the first-order material link, the output of positive materials, negative materials, diaphragms and electrolytes from January to October is about 1.36 million tons, 1.02 million tons, 9.8 billion square meters and 645000 tons respectively.

In the second-order materials, the output of lithium carbonate and lithium hydroxide reached 295000 tons and 182000 tons respectively from January to October. Market prices continue to fluctuate at high levels. From January to October, the average prices of battery-grade lithium carbonate and battery-grade lithium hydroxide (micro-powder) are 465000 yuan / ton and 445000 yuan / ton respectively.