Energy storage lithium battery exports

Which countries export lithium-ion batteries?

Chinese export destinations for lithium-ion (Li-ion) batteries are highly diversified, as the chart below shows. Significantly, Chinese Li-ion battery exports to the United States have risen sharply in recent months, reaching an all-time high of $1.9 billion in December 2024.

Are Chinese Li-ion battery exports rising?

As measured in weight, Chinese Li-ion battery exports are rising. Chinese trade data shows that battery exports by weight have increased year-over-year, while their export value has declined. In 2024, the United States imported 923,000 tons, slightly less than the EU’s 938,000 tons.

Are Chinese lithium-ion batteries cheaper than US batteries?

Strikingly, the per-kilogram prices of Chinese lithium-ion batteries exported to the United States are lower than the same product sold to any other market.

Are Li-ion batteries cheaper than Ev batteries?

In contrast, the United States’ more transparent data on Li-ion battery imports does distinguish between these categories, with most imports consisting of heavier battery energy storage systems. Significantly, per-kilogram battery costs are lower for battery energy storage systems than batteries for EVs.

What is a lithium ion battery?

For example, a lithium-ion battery cell usually includes a graphite anode, lithium-based cathode, and a dissolved lithium salt electrolyte. In 2022, China produced 85% of the world’s anodes, 82% of electrolytes, 74% of separators, and 70% of cathodes. China accounted for 74% of the world’s battery pack and component exports in 2023.

Will US and China win the lithium-ion battery race?

Indeed, the United States and its allies must win the battery race with China, especially given the technology’s military applications. Accordingly, increasing and accelerating tariffs on Chinese-made lithium-ion storage batteries would bolster US and allied manufacturers at the expense of Chinese competitors.