Benchmark: Chinese cell oversupply putting pressure on Tier 3 producers
Green Car Congress
APRIL 18, 2023
Benchmark’s Lithium ion Battery Cell Database shows the Chinese market’s surplus will continue to grow to at least 2030. This makes the non-Chinese market vital for producers in the country to find customers. Total Chinese Tier 3 production next year is forecast to be 2% larger than the demand for Tier 3 batteries globally.
Let's personalize your content