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In 2015, China's automotive power lithium-ion batteries were in an extremely excited state of great leap forward development. This has shown significant performance in both the market and industry.

1.1 Market Development Status

According to data from True Lithium Research, the total demand for lithium batteries in China's market reached 35.2036 million kWh in 2015, a year-on-year increase of 79.08%; The global market share has reached a new high of 39.64%, an increase of more than 10 percentage points compared to 2014. Among them, the demand for lithium batteries in the rapidly developing new energy vehicle market in China is as high as 16.0406 million kWh (excluding the battery demand for imported vehicles), an increase of nearly 300% year-on-year; The proportion of lithium battery demand in China's market has reached 45.57%, more than double from 21.42% in 2014.

In 2015, over three-quarters of the increase in demand for lithium batteries in the Chinese market was created by the new energy vehicle market. In 2015, of the total global demand for automotive lithium batteries of 25.0274 million kWh, 64.09% was contributed by the Chinese market.

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