Export energy storage batteries to Europe and the United States

Which country exports Li-ion batteries?

In 2021, the United States was the top destination for China’s li-ion battery exports, and in 2023, China exported li-ion batteries worth a staggering $13.5 billion to the US, marking a 40.1% year-on-year increase and tripling the 2021 export value.

How much Li-ion battery is imported from China?

Among these, li-ion battery imports from China amounted to $13.2 billion, representing a 42.2% year-on-year increase and accounting for over 70% of the total. In recent years, the U.S. government implemented a series of measures to support the development of domestic new energy supply chains.

How many new energy vehicles were exported in 2021?

New energy vehicle exports reached 1.7 million units – a 61.2% year-on-year increase – taking the share of total exports from 25.5% in 2021 to 34.8% in the first quarter of 2024.

How can EV data be exported?

Data is now available through the .Stat Data Explorer, which also allows users to export data in Excel and CSV formats. As EV sales continue to increase in today’s major markets in China, Europe and the United States, as well as expanding across more countries, demand for EV batteries is also set to grow quickly.

Will battery recycling be the future of EV supply chains?

The battery recycling sector, still nascent in 2023, will be core to the future of EV supply chains, and to maximising the environmental benefits of batteries. Global recycling capacity reached over 300 GWh/year in 2023, of which more than 80% was located in China, far ahead of Europe and the United States with under 2% each.

What happened to China's new energy vehicle exports in 2024?

The share of new energy vehicle exports from China to the US dropped still further to less than 0.5% in the first quarter of 2024. For new energy passenger vehicles, China’s exports to the United States consistently declined from 1.5% in 2021 to 0.4% in the first quarter of 2024.