China's lithium-ion battery output grows 31.3% in 2017

Published: Feb 26, 2018 08:50

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China's lithium-ion battery output in 2017 stood at 1.18 billion units, up 31.3% year on year, according to data from the Ministry of Industry and Information Technology (MIIT).

SHANGHAI, Feb 26 (SMM) – China's lithium-ion battery output in 2017 stood at 1.18 billion units, up 31.3% year on year, according to data from the Ministry of Industry and Information Technology (MIIT).

Sales revenue stood at 374.93 billion yuan last year for lithium-ion products with profits amounting to 28.58 billion yuan, up 34.5% and 25.8% year on year, respectively.

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