China's lithium-ion battery output up 25% in 2023

Time:2024-03-05 14:02:17      Source:Xinhuanet.com

China's lithium-ion battery sector sustained its growth momentum in 2023, with the total output rising 25% year on year, official data showed.

The sector saw its total output of lithium-ion batteries exceed 940 gigawatt-hours (GWh) last year, according to the Ministry of Industry and Information Technology.

The output value of the sector surpassed 1.4 trillion yuan (about 197 billion U.S. dollars) during the same period.

The output of lithium-ion batteries for power storage stood at 185 GWh. The installed capacity of power batteries exceeded 435 GWh.

Exports of lithium-ion batteries in 2023 jumped over 33% from a year earlier to 457.4 billion yuan, the data revealed.

 

Index RMB/t DoD Basis Date
Datong 5500 455 0 ex-mine 07-01
Shuozhou 5200 445 0 FOR 07-01
Ordos 5500 420 0 ex-mine 07-01
Yulin 6200 540 0 ex-mine 07-01
Liulin Low-sulphur 565 0 ex-mine 07-01
Gujiao Low-sulphur 1095 0 FOR 07-01
Xingtai Low-sulphur 1210 0 ex-Factory 07-01
Yangquan PCI 795 0 FOR 07-01
Index RMB/t WoW WoW% Date
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