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Chinese Battery Manufacturers Are In The Leading Position In The World

Chinese Battery Manufacturers Are In The Leading Position In The World

The analysis of the competition pattern of electric vehicles in the seven major automotive countries in the world shows that Germany is in the leading position at the "technology" level, while China is in the leading position at the "industry" level because of its high level of production and value creation. From the "market" point of view, the seven leading automotive powers in the world have gradually narrowed the gap.

As far as the "industry" index is concerned, China has established a leading position. This benefits from the leading level of Chinese battery manufacturers. Battery manufacturing market continues to grow rapidly, and more than 90% of lithium batteries are produced locally.

In the field of battery manufacturing, the advantages of Chinese battery manufacturers are becoming more and more obvious. From the global share of battery production, Chinese battery manufacturers have been in the leading position. With the expansion of market penetration of long-distance endurance pure electric vehicles, the demand for batteries will increase. Together with these two trends, battery of Dongjin will greatly increase investment to ensure the quality and price of batteries to make consumers more satisfied.