The output of lithium-ion batteries in China increased by 2.95 billion in the first two months compared with the same period last year.

On April 1, the Consumer goods Industry Department of the Ministry of Industry and Information Technology sorted out the production situation of China's battery industry from January to February 2021 according to the data of China Light Industry Information Center.

Data show that from January to February 2021, among the main products of the national battery manufacturing industry, the output of lithium-ion batteries was 2.95 billion, an increase of 108.0 percent over the same period last year; the output of lead-acid batteries was 40.849 million kilovolts, an increase of 88.7 percent over the same period last year; and the output of primary batteries and primary battery packs (non-buckle type) was 6.15 billion, an increase of 54.9 percent over the same period last year.

According to data released earlier by the China Automotive Power Battery Industry Innovation Alliance, China's power battery production totaled 21.5 GWH from January to February, an increase of 467.3% over the same period last year. Among them, the output of ternary batteries totaled 12.0 GWh, accounting for 55.7 percent of the total output, an increase of 385.1 percent over the same period last year; and lithium iron phosphate battery output totaled 9.5 GWhs, accounting for 44.3 percent of the total output, an increase of 624.2 percent over the same period last year.

From January to February, the installed capacity of power batteries in China totaled 14.2 GWH, an increase of 388.6% over the same period last year. Among them, the total loading of ternary batteries was 8.7 GWH, accounting for 61.3% of the total loading, an increase of 315.5% over the same period last year; and lithium iron phosphate battery loading totaled 5.5 GWH, accounting for 38.6% of the total loading, an increase of 586.8% over the same period last year, showing a momentum of rapid growth.