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Battery

According to the data from ICC, global production of battery reached 983.62 GWh from January to October 2023, representing an 18.19% year-on-year increase. The production of LFP batteries was 518.44 GWh, while NMC batteries reached 465.18 GWh.

ranking-of-global-enterprises-in-lithium-battery-industry-for-january-to-october-2

Energy Storage

In the same period, global production of energy storage battery totaled 189.98 GWh, reflecting an year-on-year increase of 85.98%. Sales of energy storage battery for January to October amounted to 185.06 GWh.

ranking-of-global-enterprises-in-lithium-battery-industry-for-january-to-october-3

During the same period:

In terms of LFP cathode, the global production reached 1.3459 million tons from January to October 2023, showing a 44.48% year-on-year increase.

In terms of NCM cathode, the global production amounted 0.81 million tons from January to October 2023, marking a 0.86% year-on-year decrease.

In terms of anode, the global production reached 1.4219 million tons from January to October 2023, reflecting a 20.08% year-on-year increase.

In terms of electrolyte, the global production amounted 1.0267 million tons from January to October 2023, representing a 24.17% year-on-year increase.

Source: WeChat Official Account—鑫椤锂电

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