On the regional market, China has become the world's most active areas of lithium battery development. Data show that in 2016 the annual total sales of new energy vehicles 517 thousand, lithium battery market size of about $111 billion 500 million, power lithium battery demand of $60 billion 500 million, an increase of 65.8%. According to China chemical and physical power industry association statistics, by the end of 2016 China's power battery capacity of 101.3GWh. In 2020 the power battery demand will reach 5 times in 2015, "13th Five-Year" during the increment of the total will reach 233.4GWh.
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