China's lithium battery production capacity accounts for 70% of the world's total. Six Chinese companies account for 63.7% of the world's installed capacity of power batteries.

According to recent news, with the vigorous development of China's new energy vehicles, related supporting industries are also constantly improving. For example, lithium batteries. Now 70% of the world's lithium batteries are produced in China , which is absolutely far ahead and ranks first in the world.

According to CCTV reports, in the 1990s, Japan took the lead in gaining technological advantages and rapidly promoted the industrialization process thanks to its breakthroughs in the field of lithium-ion batteries based on liquid electrolytes.

Faced with this emerging technology field, China's scientific research team did not lag behind. In 1998, Chen Liquan's team took the lead in the country and successfully promoted the construction of China's first pilot production line for liquid lithium batteries , laying a solid foundation for subsequent large-scale mass production.

Since 2019, the influence of Chinese lithium battery manufacturers in the global market has continued to expand, and their market share has generally shown an upward trend, directly squeezing the global market share of traditional lithium battery powerhouses such as South Korea and Japan.

In the first 11 months of last year, among the top 10 companies in the world in terms of installed capacity of power batteries, six were Chinese companies , namely CATL, BYD, Sinovation, Gotion High-tech, EVE Energy and Farasis Energy. The combined market share of these six companies was as high as 63.7%.

So far, China's liquid lithium battery industry has achieved a leapfrog development from nothing to something, from small to large. According to statistics, more than 70% of the world's lithium batteries are produced in China, and now it has occupied a leading position in the global market.

Zikuai Technology