Ministry of Industry and Information Technology: from January to May, the national output of lithium-ion batteries increased by 8.61 billion over the same period last year.

July 15 news, the Ministry of Industry and Information Technology today released data on the economic performance of the battery industry from January to May 2021. Data show that from January to May 2021, among the main products of the national battery manufacturing industry, the output of lithium-ion batteries was 8.61 billion, an increase of 56 percent over the same period last year; the output of lead-acid batteries was 103.806 million kilovolts, an increase of 32.3 percent over the same period last year; and the output of primary batteries and primary battery packs (non-buckle type) was 17.2 billion, an increase of 19.2 percent over the same period last year.

In May, the national output of lithium-ion batteries was 1.88 billion, an increase of 29.2% over the same period last year; when the output of lead batteries was 20.284 million KVA, it was up 7.2% from the same period last year; and the output of primary batteries and primary battery packs (non-buckle type) was 3.43 billion, down 0.7% from the same period last year.

In terms of benefits, from January to May 2021, the operating income of large-scale battery manufacturing enterprises nationwide was 396.73 billion yuan, an increase of 58.2 percent over the same period last year, and the total profit was 22.03 billion yuan, an increase of 134.6 percent over the same period last year.