In the first two months of this year, the total production volume of lithium batteries in China exceled 117GWh, representing a year-on-year growth of 15%, according to the Ministry of Industry and Information Technology (MIIT). Among which, the production volume of lithium batteries for energy storage exceeded 17GWh, and the installed capacity of lithium batteries for new energy vehicles was about 50GWh. Related NewsCMSI Says CN EV Exports to EU May See Major TurnaroundThe total export value of lithium batteries of China amounted to RMB61.94 billion.