In 2015, China’s total output of Li-ion batteries increased by 3.13% year-on-year (YoY)—a significant slowdown in the output growth rate from the prior 5 years, according to the National Bureau of Statistics of the People’s Republic of China. CCM , a leading market intelligence provider for China’s agriculture, chemicals, food & ingredients and life science markets, suggests that the reduction in growth rate is a signal that the market structure of Li-ion batteries in China is changing, with Li-ion batteries for alternative energy vehicles moving to dominate China’s Li-ion battery market instead of consumer Li-ion batteries. Output and YoY growth rate of Li-ion batteries in China, 2010-2015. Source: National Bureau of Statistics of the People’s Republic of China. Click to enlarge. On 3 March 2016, data from the National Bureau of Statistics of the People’s Republic of China (NBS) showed that 5.6 billion Li-ion battery cells were produced in […]