Chinese demand for electric vehicle batteries increased between 2016 and 2023. In 2023, the demand for EV batteries amounted to about 417 gigawatt hours in China. This represented more than half of the global market for electric vehicle batteries that year.
China is by far the largest market for electromobility, and its electric vehicle industry has also been growing in the past years, influencing the country's demand for EV batteries.
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IEA. (March 14, 2024). Global electric vehicle battery demand from 2016 to 2023, by leading region or country (in gigawatt hours per year) [Graph]. In Statista. Retrieved June 08, 2025, from https://www.statista.com/statistics/1103229/global-battery-demand-by-region/
IEA. "Global electric vehicle battery demand from 2016 to 2023, by leading region or country (in gigawatt hours per year)." Chart. March 14, 2024. Statista. Accessed June 08, 2025. https://www.statista.com/statistics/1103229/global-battery-demand-by-region/
IEA. (2024). Global electric vehicle battery demand from 2016 to 2023, by leading region or country (in gigawatt hours per year). Statista. Statista Inc.. Accessed: June 08, 2025. https://www.statista.com/statistics/1103229/global-battery-demand-by-region/
IEA. "Global Electric Vehicle Battery Demand from 2016 to 2023, by Leading Region or Country (in Gigawatt Hours per Year)." Statista, Statista Inc., 14 Mar 2024, https://www.statista.com/statistics/1103229/global-battery-demand-by-region/
IEA, Global electric vehicle battery demand from 2016 to 2023, by leading region or country (in gigawatt hours per year) Statista, https://www.statista.com/statistics/1103229/global-battery-demand-by-region/ (last visited June 08, 2025)
Global electric vehicle battery demand from 2016 to 2023, by leading region or country (in gigawatt hours per year) [Graph], IEA, March 14, 2024. [Online]. Available: https://www.statista.com/statistics/1103229/global-battery-demand-by-region/