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3. The industrial scale is steadily increasing, and China's advantages are expected to expand

In 2017, the growth rate of the important application market for lithium-ion batteries slowed down, with the global lithium-ion battery industry scale exceeding 300 billion yuan throughout the year, a decrease of 4 percentage points from 2016. With the continued promotion of new energy vehicle policies, China's electric vehicle production reached 650000 units in 2017, and its proportion in the global electric vehicle market will further increase.

4. Power lithium-ion batteries lead the rise, with a market share exceeding 60%

Under the strong promotion of national financial subsidies, the new energy vehicle market in China is expected to expand to 650000 units in 2017, a year-on-year increase of 25%. In addition to power tools and other fields, the market size of power type lithium-ion batteries is expected to reach 30GWh in 2017, a year-on-year increase of about 30%. Overall, in 2017, China's lithium-ion battery market will lead the rise, with its proportion expected to exceed 60%.

5. Accelerated application of new technologies, disruptive products are expected

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