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. Related News G Sachs: XIAOMI-W (01810.HK) New Model Release Reinforces Position as Leading Foundation Model Developer; Rating "Buy"Lithium battery exports to the US plummeted to 9.7%, marking a YoY decline of 6.4 ppts.
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