China's Green Energy Exports Surge in 2024: Wind, PV, Lithium Batteries, and EVs Reach New Heights

Published: Jan 15, 2025 08:41
In 2024, China's wind turbine exports increased by 71.9%; PV products have exceeded 200 billion yuan in exports for four consecutive years; lithium battery exports reached 3.91 billion units, setting a historical record. In the green transportation sector, China's railway electric locomotive exports have maintained growth for five consecutive years; electric motorcycles and bicycles were popular in overseas markets, with export value surpassing 40 billion yuan for the first time; EV exports exceeded 2 million units for the first time.

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 to learn 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
"Divergent Labour Day Production Strategies Among China's Secondary Copper Rod Firms Amid Policy and Capital Pressures"
May 2, 2026 20:40
"Divergent Labour Day Production Strategies Among China's Secondary Copper Rod Firms Amid Policy and Capital Pressures"
Read More
"Divergent Labour Day Production Strategies Among China's Secondary Copper Rod Firms Amid Policy and Capital Pressures"
"Divergent Labour Day Production Strategies Among China's Secondary Copper Rod Firms Amid Policy and Capital Pressures"
During the 2026 Labour Day holiday, production arrangements among China's secondary copper rod enterprises showed a notable divergence, with some choosing to halt production for the holiday while others maintained normal operations
May 2, 2026 20:40
Cautious Stockpiling Amid High Copper Prices, Finished Product Inventories Down Slightly Before Labour Day
Apr 30, 2026 22:09
Cautious Stockpiling Amid High Copper Prices, Finished Product Inventories Down Slightly Before Labour Day
Read More
Cautious Stockpiling Amid High Copper Prices, Finished Product Inventories Down Slightly Before Labour Day
Cautious Stockpiling Amid High Copper Prices, Finished Product Inventories Down Slightly Before Labour Day
[SMM Copper Wire and Cable Weekly Inventory] Despite the approaching Labour Day holiday, overall enterprise stockpiling sentiment remained cautious due to high copper prices. As a result, raw material inventories of mainstream copper wire and cable enterprises in China edged up 2.58% WoW. Finished product inventories side, some wire and cable enterprises suspended quotations during the Labour Day holiday, and some end-users cautiously picked up goods in advance, driving finished product inventories down slightly by 2.42% WoW.
Apr 30, 2026 22:09
Copper Wire and Cable Industry Sees Decline in Operating Rates Amid High Copper Prices
Apr 30, 2026 22:08
Copper Wire and Cable Industry Sees Decline in Operating Rates Amid High Copper Prices
Read More
Copper Wire and Cable Industry Sees Decline in Operating Rates Amid High Copper Prices
Copper Wire and Cable Industry Sees Decline in Operating Rates Amid High Copper Prices
This week (April 24–April 30), the SMM operating rate of copper wire and cable enterprises was 65.9%, down 1.09 percentage points WoW. Copper prices hovered at highs this week, and earlier concentrated procurement had front-loaded some subsequent demand. Industry orders in the wire and cable industry remained weak, with operating rates continuing to decline. Next week, wire and cable industry operations will continue to pull back. Most enterprises will have a short Labour Day holiday break, with some choosing to cut production or maintain operations without shutting down. The operating rate is expected to continue falling by 3.12 percentage points WoW to 62.78%.
Apr 30, 2026 22:08
In 2024, China's wind turbine exports increased by 71.9%; PV products - Shanghai Metals Market (SMM)