Ministry of Industry and Information Technology: the total output of lithium electricity in China exceeded that of 102GWh from January to February 2023, an increase of 24% over the same period last year.

CTOnews.com April 4 news, according to the Ministry of Industry and Information Technology website release, January to February 2023, China's lithium ion battery industry maintained a growth trend, according to industry standard announcement enterprise information and research institutions calculation, January to February the national lithium battery total output exceeded 102GWh, an increase of 24% year-on-year.

Source Pixabay battery link, energy storage battery output exceeds 15GWh, new energy vehicle power battery loading capacity is about 38GWh. Export trade grew steadily, with the total export volume of lithium batteries nationwide reaching 70.6 billion yuan from January to February.

In the first-order material link, the output of cathode material, anode material, separator and electrolyte reached 265,000 tons, 215,000 tons, 2.45 billion square meters and 130,000 tons respectively from January to February.

In the second-order material link, the output of lithium carbonate and lithium hydroxide in January-February reached 61,000 tons and 44,000 tons respectively, and the market price gradually declined from high level. The average price of battery-grade lithium carbonate and lithium hydroxide (micropowder grade) in January-February was 460,000 yuan/ton and 474,000 yuan/ton respectively.

CTOnews.com Note: GWh is gigawatt hour, unit of electrical work, KWh is degree, 1GWh is 1 million KWh.