Ministry of Industry and Information Technology: the national output of lithium-ion batteries reached 1.79 billion in August, up 23.3% from the same period last year.

SMM: a few days ago, the website of the Ministry of Industry and Information Technology announced the operation of the battery industry from January to August. Data show that in August this year, the national output of lithium-ion batteries was 1.79 billion, an increase of 23.3 percent over the same period last year; the output of lead-acid batteries was 20.782 million kilovolts, an increase of 19.3 percent over the same period last year; and the output of primary batteries and primary battery packs (non-buckle type) was 3.75 billion, an increase of 5.9 percent over the same period last year.

From January to August, among the main products of the national battery manufacturing industry, the output of lithium-ion batteries was 10.53 billion, up 4.2% from the same period last year; the output of lead-acid batteries was 138.62 million KVA, up 11.0% from the same period last year; and the output of primary batteries and primary battery packs (non-buckle type) was 25.47 billion, down 2.5% from the same period last year.

In terms of benefits, from January to August this year, the operating income of battery manufacturing enterprises above the national scale was 446.93 billion yuan, down 7.2% from the same period last year, and the total profit was 19.76 billion yuan, an increase of 0.8% over the same period last year.

Editor's comments:

Among the lithium-ion batteries, new energy vehicles, mobile phones and computers, and two or three-wheeled electric vehicles are the main carriers, and due to the rapid development of the scale of new energy vehicles, the market share of power batteries for new energy vehicles has leapt from 7% in 2012 to more than 50% in 2019. It has become the main consumer of lithium-ion batteries.

Although China's new energy vehicle industry has developed for decades, it has not yet achieved overtaking at this corner, but it does enable many power battery companies to rise, such as the Ningde era has now become the dominant power battery market in the world. this was unthinkable in the past. At present, the sales of new energy vehicles in China are declining, with 596000 vehicles sold in the first eight months, down 26.4% from the same period last year, which also slows the increase in battery production. However, in the long run, China is still the largest new energy market in the world, coupled with more electric vehicles on the market, the development of relevant power battery suppliers in China is expected.