China s energy storage lithium battery shipments

What is the global lithium-ion battery supply chain database 2024?

InfoLink sees global energy-storage installation increase by 50% to 165 GWh and energy-storage cell shipments by 35% to 266 GWh in 2024. Global Lithium-Ion Battery Supply Chain Database 2024 Database contains the global lithium-ion battery market supply and demand analysis, focusing on the cell segment in the ESS sector.

What is the lithium-ion battery market database?

Database contains the global lithium-ion battery market supply and demand analysis, focusing on the cell segment in the ESS sector. We compile detailed data on various businesses' capacity, production, and shipments, as well as segmenting the market applications such as FTM, BTM-C&I, and BTM-Residential.

Which country imports the most lithium-ion batteries?

Chinese factories continued to dominate US lithium-ion battery imports, accounting for 84.5% of first-quarter volumes, followed by South Korea with 4.7% and Japan with 2.8%. Imports in the first quarter of 2024 were higher than annual shipments in 2020.

Why are lithium-ion batteries so popular?

In recent years, the rapid growth of EV and energy storage markets has driven robust demand for lithium-ion batteries (LiBs).

Is moving supply chain to the US or out of China important?

"Moving supply chain to the US or out of China, at least, is extremely critical," Michael Arndt, president of renewable energy and battery storage developer Recurrent Energy LLC, a subsidiary of Canadian Solar Inc., said June 27 at an industry conference in Portland, Ore.

Which companies are shipping the most to China?

Demand sustains rapid growth in China, while losing momentum in Europe and the U.S. due to inventory pressure and high interest rate before potential recoveries in the third quarter. Manufacturers shipping the most are CATL, BYD, EVE Energy, Rept Battero Energy, and Hithium.