According to the Ministry of Industry and Information Technology on July 3, 2020, china's major battery manufacturing products, lithium-ion battery production of 5.51 billion, down 1.2% YoY;
In the month of May, China completed production of 1.45 billion lithium-ion batteries, up 14.1% YoY; lead-acid battery production increased 17.7% Year-on-Year to 1.9374 kVA), and raw battery and raw battery packs (non-charged) production was 3.35 billion, up 1.1% YoY.
From January to May 2020, the operating income of battery manufacturing enterprises above the national scale was RMB249.00 billion, down 11.5% YoY, and the total profit was RMB9.46 billion, down 7.7% YoY.
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