Lithium battery or explosive growth

Affected by many factors such as new energy vehicle strategy and lead battery environmental protection issues, in the next 3 to 5 years, China's lithium battery industry will usher in explosive growth.

Due to the impact of the Japan earthquake, Japan has already seen signs of shifting the lithium battery industry to China. According to the Nihon Keizai Shimbun, Panasonic has decided to shift more lithium-ion battery production from Japan to China in order to maintain its largest share in the global market. In addition, the scale of the new energy automobile industry will increase the demand for lithium resources.

Yesterday, the reporter was informed that the lithium battery exhibitors who signed up for the “3rd China (Shanghai) International Battery Products and Technology Exhibition” were twice as many as last year and became the main force of the exhibition.

Haitong Securities pointed out that in the next 3 to 5 years, the lithium battery technology of rechargeable hybrid vehicles and rechargeable pure power vehicles will be solved, and China's lithium battery industry will usher in an explosive growth.