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China's lithium battery enterprises capture 60% of global market share

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China's lithium battery enterprises capture 60% of global market share

At the CLNB 2025 (10th) New Energy Industry Chain Expo - All-Solid-State Battery Forward-Looking Technology Forum hosted by SMM Information & Technology Co., Ltd., Yanlong Liu, former Secretary General of the China Industrial Association of Power Sources, discussed the current status and trends of China's lithium-ion battery industry development.


He stated that the global demand for lithium-ion batteries will be enormous in the future. New energy vehicles (NEVs) represent the largest application market for lithium-ion batteries, and the demand for lithium-ion batteries in energy storage systems (ESS) is also rapidly expanding.


China is the world's largest producer of lithium-ion batteries.


The global lithium-ion battery products are mainly produced by companies from China, Japan, and South Korea. Driven by China's vigorous development of NEV policies, the scale of China's lithium-ion battery industry began to grow rapidly from 2015, surpassing South Korea and Japan to become the global leader, and gradually widening the gap. In 2024, China's lithium-ion battery production reached 1,170 GWh, up 28.6% YoY, with the global market share expanding to 76%.


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