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As the heart of electric vehicles (EVs), lithium batteries, after decades of rapid development, now flourish in the Chinese market.
作为电动汽车(EVs)的核心,锂电池经过数十年的快速发展,现在在中国市场蓬勃发展。

As owning an EV is becoming a global trend, the market demand for lithium batteries has increased greatly.
随着拥有电动汽车成为全球趋势,锂电池的市场需求大幅增加。

It is reported that global demand for lithium batteries will exceed 1,700 gigawatt-hours (GWh) by 2025, doubling from 2022.
据报道,到2025年,全球对锂电池的需求将超过1700千兆瓦时(GWh),是2022年的两倍。

China-made batteries are of high quality with enough production, so it is believed that Chinese battery companies will play a major role in the world market, analysts said.
分析师表示,中国制造的电池质量高,产量充足,因此认为中国电池公司将在全球市场中发挥重要作用。

China has formed a relatively complete EV production supply chain, and about 70 percent of the global battery production is located in China, said an expert on Tuesday.
周二,一位专家表示,中国已经形成了相对完整的电动汽车生产供应链,全球约70%的电池生产位于中国。

As Chinese battery companies now explore the global market, the export volume of batteries continues to increase.
随着中国电池公司如今探索全球市场,电池的出口量持续增加。

In the first three quarters of 2023, China's exports of auto-use electric batteries totaled 89.8 GWh, up 120.4 percent year-on-year, accounting for 88.7 percent of all battery exports.
2023年前三个季度,中国汽车用电池出口总量为89.8 GWh,同比增长120.4%,占所有电池出口的88.7%。

"Going global" is an inevitable trend for Chinese battery makers.
“走向全球”是中国电池制造商不可避免的趋势。

Although Chinese companies now have the largest market share, the batteries are mostly produced in China, with their overseas expansion falling far behind rivals such as LG, Samsung, and other Japanese and Korean companies.
尽管中国公司现在拥有最大的市场份额,但这些电池主要在中国生产,海外扩张远远落后于LG、三星以及其他日本和韩国公司等竞争对手。

As one of the latest examples, Chinese battery maker Gotion High-tech Co. announced two investment plans for battery plants in two US states—Illinois and Michigan.
作为最新的例子,中国电池制造商国轩高科公司宣布了在美国两个州——伊利诺伊州和密歇根州的两项电池工厂投资计划。

The planned $2-billion lithium battery plant in Illinois is expected to produce 10 GWh of lithium battery packs and 40 GWh of lithium-ion battery cells annually.
计划中的20亿美元的伊利诺伊州锂电池工厂预计每年生产10 GWh的锂电池组和40 GWh的锂离子电池单元。

Gotion said that it will invest $2.36 billion in the Michigan plant, which will be completed by the end of 2031.
国轩表示,将在密歇根州工厂投资23.6亿美元,该工厂预计将在2031年底前完成建设。
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As the heart of clectric vehicles (EVs), lithium batteries, after decades of rapid development, now flourish in Chincse market.

As owning an EV is becoming a global trend, the market demand for lithium batteries has increased greatly. It is reported that global demand for lithium batteries will exceed 1, 700 gigawat-hours (GWh) by 2025,doubling from 2022.

China-made batteries are of high quality with enough production, so it is believed that Chinese battery companies will play a major role in the world market, analysts said.

China has formed a relatively complete EV producing supply chain, and about 70 percent of the global battery production is located in China, said an expert on Tuesday.

As Chinese battery companies now explore the global market, the export volume of batteries continues to increase. In the first three quarters of 2023, China's exports of auto-use electric batteries totaled 89.8 GWh, up 120. 4 percent year-on-year, accounting for 88.7 percent of all battery exports.

"Going global" is an inevitable trend for Chinese battery makers. Although Chinese companies now have the largest market share, the batteries are mostly produced in China, with their overseas expansion falling far behind rivals such as LG, Samsung and other Japanese and Korean companies.

As one of the latest examples, Chinese battery maker Gotion High-tech Co. announced two investment plans of battery plants in two US states-Illinois and Michigan.

The planned $2-billion lithium battery plant in Illinois is expected to produce 10 GWh of lithium battery packs and 40 GWh of lithium-ion battery cells annually. Gotion said that it will invest $2.36 billion in the Michigan plant, which will be completed building by the end of 2031.

http://www.jsqmd.com/news/200033/

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