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CPCA Cui Dongshu: 2M26 Lithium Battery Exports US$14.2B; Exports to US Plummet
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Cui Dongshu, Secretary-General of the China Passenger Car Association (CPCA), posted that, in 2026, lithium batteries, as an advantageous export category among China’s ‘New Trio’ products, maintained high growth rate prior to the reduction in export tax rebates. In 2M26, lithium battery exports reached US$14.2 billion, a 46% increase. The EU will be the primary market for China’s lithium battery exports in 2026, with its market demand reaching around 43.1%, up 2.6 ppts YoY, according to market structure data. Lithium battery exports to the US plummeted to 9.7%, marking a YoY decline of 6.4 ppts. This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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