according to the analysis of Chinese car industry industry statistic, Chinese new energy car production reach up to 177,000 in the first half year, sales record up to 170,000 pcs, increase by 125% and 126.9% (production and sales) year-on-year basis.
therefore, it drives a boost demand in lithium ion batteries. according to statistic, in the first half year power battery production volume up to 12.72GWh, increased by 201%.
Xinan Security anticipate domestic power lithium battery demand will up to 30GWh or so in 2016, and in the next years battery demand will keep a high speed of increase. lithium battery manufacturers are boost scale of battery production, as power battery market is still in a short supply of high quality but oversupply in cheap batteries.
with government policy support and consumer market is getting mature, new investment hot is merging. lithium battery will become the major power of increase of new energy car sector.