This article is based on a GCiS multi-client report: China Lithium-ion Batteries Market Research Report.
The China Lithium-Ion Battery market has seen a massive surge in growth over the last years, with a CAGR in excess of 50% since GCiS’ previous research conducted in 2011. In our 2015 update, this rapid growth has been driven primarily by EV (Electric vehicle) subsidies. The result has been a shift in emphasis away from 3C (Computers, Cell Phones, Consumer Electronics) applications. Said EV applications have driven a surge in market size and the hype surrounding EV applications has led to the potential for substantial overcapacity.