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Cui Dongshu of CPCA: Lithium Battery Exports Reach USD14.2 billion in First Two Months, Exports to US Shrink Sharply
2026-04-02 07:46:19 Cui Dongshu, Secretary General of the China Passenger Car Association (CPCA), wrote that in 2026, lithium batteries, as one of the mainland's "new three items" export-advantaged categories, maintained high growth before the reduction of export tax rebates. In the first two months of 2026, lithium battery exports reached USD14.2 billion, up 46% YoY. In sharp contrast to the sluggish exports of solar cells, which are also among the "new three items", and intensified industry competition, lithium battery exports achieved resilient growth through diversified market deployment. In terms of market structure, the European Union was the main market for mainland lithium battery exports in 2026, accounting for about 43.1% of demand, up 2.6 ppts YoY. Exports of lithium batteries to the US shrank sharply to 9.7%, down 6.4 ppts YoY. The decline in exports to the US was equivalent to the total export scale to SE Asia, which ranked third. (ta/w)~ AASTOCKS Financial News Website: www.aastocks.com 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. | |