production and application of lithium batteries
The application of lithium batteries has been expanding from electric vehicles, mobile phones, notebook computers, tablets, digital cameras, power tools, electric bicycles, electric motorcycles, military equipment, aerospace and other fields to electronic watches, CDs, MP3, MP4, cameras, various remote controllers, shavers, etc. Knife, children's toys, emergency power supply to hospitals, hotels, supermarkets, telephone exchanges and other occasions, also began to be used in wind power, solar power plants and other energy storage power systems.
The state's policy support and financial subsidies for new energy vehicles have made many local governments focus on the development of lithium-ion power industry, and give them strong support in attracting investment. After the release of the 2017 version of the battery specifications, a large number of power battery companies set off a wave of expansion. In 2017, the overall capacity of power batteries exceeded 228 gigawatt-hours, compared with 125% of the previous year, further causing overcapacity in the industry. In 2017, the output of Li ion battery exceeded 11 billion in China. According to the statistics of Asian Chemical consultation, the output of Li ion battery in China was about 88.7Gwh in 2017, an increase of 29.3% over the same period last year.