Category Archives: Lithium Battery

Demand for xEV Batteries Grow Steadily, but Chinese xEV Battery Market Faces Reshuffle as Subsidies Phase Out, Says TrendForce

published: 2019-01-24 11:29 | editor | category: Analysis
According to the latest research by EnergyTrend, a division of TrendForce, the market of new energy vehicle will continue to grow steadily, driving the demand for xEV batteries, despite the slowdown in global automotive market since 2018. The global demand for lithium-ion batteries used in new energy passenger cars is estimated to reach 155GWh in 2019, a growth of 63% from 95GWh in 2018. ...  more