Outstanding export performance

Since last year, China's lithium battery exports have grown rapidly. According to data released by the Ministry of Industry and Information Technology in February, the total export value of lithium batteries in China reached 342.65 billion yuan in 2022, a year-on-year increase of 86.7%, making positive contributions to the efficient development and utilization of new energy and the green and low-carbon transformation of the global economy and society.

According to a research report by Chuancai Securities, from 2017 to 2020, China's lithium battery export volume steadily increased at an annual rate of 20% -35%; In 2021 and 2022, there were explosive growth rates of 66.5% and 86.7%, respectively; In 2022, the amount of lithium batteries exported to the United States was 68.21 billion yuan, a year-on-year increase of 112%.Li Xingqian, Director of the Department of Foreign Trade of the Ministry of Commerce, recently stated at a press conference: "Last year, represented by the 'new three types' of electricity, light, and lithium, and represented by the export of electric vehicles, photovoltaic products, and lithium batteries, China's high-tech, high value-added, and green transformation leading products became new growth points for exports