Overview of the energy storage lithium battery export market

The Chinese market is the largest market for new energy vehicles in the world, and the movement of smart electric vehicles launched in China has also made local power battery companies grow rapidly. CATL and BYD firmly occupy the top 2 positions in the field of power batteries in 2022. The. The lithium battery industry chain is divided into three segments: upstream raw materials, midstream cell manufacturing and packaging, and downstream applications. Upstream raw materials are mainly divided into. The downstream market segments of lithium batteries are mainly power lithium batteries, energy storage lithium batteries and consumer lithium batteries, among which, the. Cell manufacturing and modules are located in the midstream of the lithium-ion battery industry chain. It uses materials supplied by upstream battery material companies to produce lithium-ion battery cell products with. According to public calculations, in 2022, China's power battery production totals 545.9GWh, meanwhile, the installed volume is only 294.6GWh, accounting for 53.96%, even with 108.1GWh of battery exports and exports.