India on July 5, local time, proposed to provide tax breaks for electric car buyers and eliminate import tariffs on some electric car parts, in order to boost sales of electric cars and reduce dependence on fossil fuels, foreign media reported. India, the world’s third largest emitter of greenhouse gases, has 14 heavily polluted cities,…Read More India provide tax breaks for electric car buyers
In recent years, with the popularization of the concept of green and environment-friendly life, rechargeable lithium ion battery has been widely used in daily life with its unique advantages. Generally, depending on the application field, lithium ion battery is mainly divided into consumer type, power type and energy storage type.Read More What is the future market for lithium batteries? These three fields have great potential.
In 2018, China’s total output value of cathode materials reached 53.5 billion yuan, up 27.66% year-on-year. Total shipments were 275,000 tons, up 30 percent year-on-year. Among them: NCM materials shipped 137,000 tons, with a year-on-year growth of 58.9% and an output value of 23 billion yuan, with a year-on-year growth of 33%. LFP material shipments were 58,000 tons, down 1.2% year on year, and the output value was 3.99 billion yuan, down 20% year on year. LCO shipped 54,000 tons of materials, up 22.4 percent year-on-year. LMO materials shipped 26,000 tons, up 14.5 percent year-on-year. Driven by the new energy passenger car market, ternary materials have become the main growth point of the cathode materials market, while the lithium iron phosphate market…Read More Research and Analysis Report on China’s Lithium Battery Cathode Materials in 2018
Compared to China, where the market for electric vehicles and lithium batteries has changed the most, other countries’ development and changes are almost negligible. That’s the conclusion of a recent report on energy storage in electric vehicles by the renowned Fraunhofer Gesellschaft zur Forderung der angewandten Forschung e. V. Since the association is Germany’s and…Read More Why is China Lithium Ion Battery Industry so strong?