According to the report "2023-2029 Chinapower lithium batteryindustry market dynamics and Investment scale Forecast report" released by market Research online, the market scale of China'slithium batteryindustry increased from 115 billion yuan in 2017 to 170 billion yuan in 2020, an increase of 47.8%. In the application field of lithium battery industry, theautomotive batteryfield has the highest market share, accounting for nearly 70% of the total market scale, among which the new energy vehicle battery market share is the highest, accounting for 63.9% of the new energy vehicle battery market share, followed by electric battery and aerospace battery, accounting for 17.2% and 9.7% of the market share respectively.

In recent years, with the support of government policies and the development of the market, China's power lithium battery industry is developing rapidly, and the technical level is also constantly improving. In recent years, the development of China's power lithium battery industry and the technical level of its main enterprises have advanced by leaps and bounds, becoming the leader of the global lithium battery industry. The production capacity of the main enterprises is also constantly improving, and the production capacity is also constantly increasing.

In the future, with the development of the new energy vehicle industry and the strengthening of policies, the market size of China's power lithium battery industry is expected to grow further, and the technical level will be further improved. It is an important direction for the future market development of China's power lithium battery industry to strengthen government policy support, expand the market scale of China's power lithium battery industry and promote the development of the industry.