Decline in China Lithium Battery Copper Foil Production Expanded in January

SHANGHAI, Feb 16 (SMM) – Since December, the output of lithium battery copper foil has ended and the continuous upward trend has turned However, the decline in January has expanded.
Since December 2022, the output of lithium battery copper foil has ended its continuous upward trend and began to decline, and the decline in January has expanded. In January, new energy vehicles failed to get off to good start. Demand was overdrawn in December 2022 as buyers rushed to make purchases before tax cuts for gaosline vehicles and subsidies for new energy vehicles expired. Coupled with the Chinese New Year, lithium battery copper foil production fell in January.