Faltering battery demand led to a third straight month of drop in battery separator production

Published: Dec 19, 2023 13:49 (GMT+8)

Source: SMM

Save

China's lithium battery separator output hit 1.259 billion square meters in November 2023, down 5% MoM but up 2% YoY.

Demand-side, the battery cell market is declining, led by energy storage, with a steady but falling trend in the EV market. Consequently, many smaller battery cell firms have cut their production plans, slashing upstream battery separator orders by over 20% in some instances. Top battery cell firms, even with stockpiled cells and separators, face falling orders. Near-term battery separator demand looks weak. SMM predicts China's December lithium battery separator production will hit 1.179 billion square meters, dropping 6% both MoM and YoY.

Output

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

11 hours ago

UK E-Liquid Excise Duty Takes Effect October 1 at GBP 2.20 per 10ml, Tobacco Tax Also Raised

【UK E-Liquid Excise Duty Takes Effect, Tobacco Tax Raised Simultaneously】The UK's HM Revenue & Customs has announced that the e-liquid excise duty came into effect on October 1, 2026, at a rate of GBP 2.20 per 10ml, applying to all e-liquids produced or imported into the UK regardless of nicotine content, with the exception of goods held in duty suspension. Manufacturers, importers, and bonded warehouse operators must obtain HMRC approval; unauthorized production is illegal and subject to civil penalties, seizure of goods and equipment, or criminal prosecution. The accompanying fiscal mark regime is also mandatory from the same date, with transitional marks without digital elements permitted until December 31, 2026; new products must use digital fiscal marks from January 1, 2027, and existing unmarked stock in wholesale and retail may be sold until March 31, 2027. Cigarettes and other tobacco products received a one-off additional duty of GBP 2.20 per 100 sticks or per 50g on the same date, on top of the regular escalator. The measure is projected to generate over GBP 550 million annually by the 2030–31 fiscal year.

11 hours ago

South Korea to Fast-Track Approvals for Hyundai’s KRW 4 Trillion Ulsan EV Factory Conversion

On October 1, the South Korean government announced measures to accelerate approvals for Hyundai Motor’s approximately KRW 4 trillion project to convert existing Ulsan facilities into EV-focused factories. The project covers Ulsan Plant 1 and Line 2 of Plant 4. Environmental, traffic and disaster impact assessments will proceed alongside permitting, supported by a dedicated project manager. The government aims to shorten administrative procedures from more than three years to within one year. The measure supports an existing corporate investment rather than providing a new government subsidy.

11 hours ago

LG Energy Solution Signs MOU With indiGOTech to Discuss 46-Series Battery Supply for 2027–2030

LG Energy Solution announced on October 1 that it signed a strategic memorandum of understanding with U.S. commercial EV startup indiGOTech. The companies will discuss prioritizing LG Energy Solution’s 46-series cylindrical battery cells for indiGOTech’s next-generation commercial EVs, including Flow Ride and Flow Cargo, covering 2027–2030. They will also pursue technical cooperation to extend driving range and shorten charging times.

11 hours ago