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In recent years, China's lithium resources and the battery industry has been rapid development. According to the China Chemical and Physical Power Industry Association Power Battery Application Branch (hereinafter referred to as "power battery application branch") statistics, since 2010, the global lithium battery output average annual growth rate of 25% or more, 2017 China's total lithium battery market Is expected to reach 82GWh. In 2016, the global power lithium battery shipments reached 45.33GWh, which, BYD, Ningde era were 7.35GWh and 6.72GWh shipments ranked the top two.
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