From January to February 2022, China's lithium-ion battery industry maintained a rapid growth trend, according to enterprise information announcements and research institutions' estimates, the total domestic lithium battery output exceeds 82GWh. In the lithium-ion battery segment, the output of batteries for energy storage exceeds 9GWh, and the installed capacity of batteries for EVs is about 30GWh. The output of cathode materials, anode materials, separators, and electrolytes reached 235,000 tons, 140,000 tons, 1.75 billion square meters, and 105,000 tons respectively. For the raw materials used in lithium batteries, the output of Li2CO3 and LiOH reached 37,000 tons and 29,000 tons respectively, and the market price was running at a high level and continued to rise. At the end of February, the price exceeded 480,000 yuan/ton and 440,000 yuan/ton respectively.
The Ministry of Industry and Information Technology of China Released the Domestic Lithium-ion Battery Industry Status From January to February 2022