What is China's energy storage lithium battery shipments in 2022?
In 2022, China’s energy storage lithium battery shipments reached 130GWh, a year-on-year growth rate of 170%. As one of the core components of the electrochemical energy storage system, under the dual support of policies and market demand, the shipments of leading companies related to energy storage BMS have increased significantly.
What is China's lithium supply structure & supply risks?
China's lithium supply structure and supply risks under multiple scenarios. In scenarios S1 and S2, the expansion of production capacity leads to a gradual reduction in import dependence, which decreases from 76.6% in 2024 to between 62.1% and 77% by 2030, assuming no import constraints.
What are China's lithium supply risks from 2024 to 2050?
China's lithium supply risks from 2024 to 2050 under 36 different scenarios are analyzed. China will experience lithium shortages between 2030 and 2040 with maximum 46.9 % of the demand. China's lithium import dependence will decrease from 75.7 % in 2024 to 16.3 % by 2050 due to recycling.
What is China's dependence on external lithium resources?
China's dependence on external lithium resources [, , ]. China's lithium supply is sourced from three main channels: domestic production, recycling, and imported lithium ore and compounds. Globally, China ranks fifth in lithium resources, with reserves totaling 6.8 Mt of metal equivalent .
Does China have a lithium shortage?
As the global leader in EV adoption and the largest consumer of lithium, China faces a severe lithium shortage, characterized by high import dependence. Therefore, a simulation framework combining Material Flow Analysis (MFA) and nonlinear optimization was developed to assess sustainable lithium supply for EV in China.
What is China's Lithium recycling potential?
The dotted line in Fig. 4 represents China's lithium recycling potential for power batteries under various scenarios. By 2050, China's lithium recycling potential is projected to range from 1.4 to 2.7 Mt LCE, meeting 60.9%–76.5% of the demand. Between 2024 and 2050, the recycling potential is expected to account for 44.1%–63.6% of the total demand.
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