China expands battery production to meet global renewable energy demand

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China is significantly expanding its lithium-ion battery production capacity, aiming to add 900 GWh annually. This buildout is projected to be ten times the US capacity in 2025. These new factories, with investments totaling $26.3 billion, will primarily serve the energy storage system (ESS) market, with 70% dedicated to ESS and 30% to electric vehicles. The surge in demand for renewable energy, driven by AI computing and global decarbonization efforts, is fueling this rapid growth in battery infrastructure.


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China expands battery production to meet global renewable energy demand | News Minimalist