According to the data released by the Ministry of Industry and Information Technology (MIIT), China's total lithium-ion battery production reached 750 GWh in 2022, an increase of more than 130% year-on-year. Among them, energy storage lithium battery production exceeded 10GWh.
At the same time, the output of cathode materials, anode materials, battery separator and electrolyte stood at 1.85 million mt, 1.4 million mt, 13 billion square meters and 850,000 mt respectively.
In 2022, the production value of China's lithium battery industry exceeded 1.2 trillion yuan, while the export value totalled 342.65 billion yuan, up 86.7% over the year.
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