China – Our Lithium-Ion Battery Production Will Exceed Capacity Of 100 Million kWh This Year
According to Shanghai Metals Market website:
“China’s Ministry of Industry & Information Technology released the draft regulation for lithium battery industry for public opinion December 12, and said the finalized regulation will take effect next year.”
Within that draft is this statement:
“…capacity of lithium battery project not be lower than 100 million kwh per year.”
Which translates to China will be manufacturing lithium-ion batteries at a capacity of 100 million kWh or more annually starting this year.
The draft further states:
“…lithium battery cathode and anode material producers should have a capacity of no less than 2,000 tons per year.”
These lithium battery regulations are expected to eliminate China’s insufficient supply of li-ion batteries.