Global and China Lithium Battery Equipment Industry 2015-2018
In 2014, China's lithium battery equipment market size (excluding imported equipment, the same below) ascended by 31.0% year on year to about RMB3.8 billion. Impacted by explosive development of the new energy vehicle market, CATL, Lishen, Guoxuan, BYD and other influential Chinese power lithium battery manufacturers have invested in production expansion, which is expected to further drive the growth in demand for lithium battery equipment. In 2018, China's lithium battery equipment market size will be up to RMB16.6 billion.
View full press release