China's lithium-ion battery output surges in 2021

BEIJING - China's lithium-ion batteries reported solid growth last year amid nationwide endeavors to peak carbon dioxide emissions and achieve carbon neutrality, official data shows.

The output of lithium-ion batteries reached 324 GWh in 2021, soaring 106 percent year-on-year, according to the Ministry of Industry and Information Technology.

Specifically, the output of lithium-ion batteries used for consumer products reached 72 GWh, up 18 percent year-on-year. Output of those used for power battery and energy storage stood at 220 GWh and 32 GWh, respectively, which represented a year-on-year increase of 165 percent and 146 percent.

Last year, the industry's total production value exceeded 600 billion yuan ($ 94.72 billion), the data show.