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China Battery Production to Invert to Gains in 2016, SMM

Lead-acid battery production in China will hit 250 85 mlilin kvan in 2016, Cao Guoqing. China Battery Industry Association Deputy Secretary, reckons at 2016 Lead & Zinc Summit on March 18.

Electric bike output will grow 28 million units in 2016 and motor vehicle production is expected to increase 140 milion units. The number of communicaton base station should be up 7000 which grows demand for bttres.

Domestic battery production was 210 millin kvah last year, a year-on-year fall of 4.78%. Zheljang produced most at 60 58 million kvah, followed by 26.11 million kvah in Hebei and 24 45 millin kvah in Hubei.

China exported 30.79 mllion kvan of batteries in 2015 while imports at 2 68 milion kvah. Hence, domestic actual consumption was at 181.89 million kvan, drop of 7.30% year-on-year.


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