Domestic lithium battery in 2019

Which industry has the highest demand for lithium batteries?

Among them, the proportion of lithium consumption in lithium battery industry has increased from 57% in 2014 to 69% in 2019 (see Supplementary Table S3). The new energy vehicle industry has gradually grown into the industry with the largest demand for lithium batteries.

Where are lithium-ion batteries made?

In 2019, most of the global midstream lithium-ion battery manufacturing capacities were concentrated in the Asia-Pacific region. China was the leading producer of all key lithium-ion battery components in that year, followed by Japan and South Korea. Get notified via email when this statistic is updated.

Will China dominate the lithium-ion battery supply chain in 2025?

Between 2020 and 2025, China will dominate the lithium-ion battery supply chain in the world, a new report said. Japan and South Korea were market leaders for much of the previous decade. But, according to the report from BloombergNEF, a research firm, China has already surpassed them.

Will China contribute more lithium battery raw materials to the world?

With the advancement of China’s lithium battery and new energy vehicle production technology, China will contribute more lithium battery raw materials, materials, lithium batteries, and new energy vehicles to the world in the future, which will further increase the supply and demand pressure of lithium resources in the new energy industry.

What is the consumption of lithium in New energy vehicles?

The consumption of lithium in the production stage of new energy vehicles continues to grow rapidly. The consumption of lithium in domestic new energy vehicle production increased rapidly from 655 tons in 2014 to 90.6 million tons in 2019, with an average annual growth rate of 83%.

What is the global lithium demand?

According to the statistics of the Lithium Industry Branch of the China Nonferrous Metals Association and related research institutions, the global lithium demand from 2015 to 2019 increased from 162 thousand tons to 297 thousand tons, with an average annual growth rate of 16.4%. However, the global lithium resources are relatively limited.