L R AS Published on Tuesday 19 April 2022 - n° 402 - Categories:China

In brief from China: TBEA in 2021 (big profits), lithium ion battery production capacity: 82 GWh

In brief from China: TBEA in 2021 (big profits), lithium ion battery production capacity: 82 GWh

In 2021, TBEA achieved a turnover of RMB 61.3 billion, (+37% over 2020). Net profit was RMB 7.3 billion (x 3), a net margin of 11.9%.

According to the Xinhua news agency, the country's lithium-ion battery capacity reached 82 GWh at the end of February. Electric vehicle capacity reached 30 GWh and stationary storage capacity reached 9 GWh

https://www.pv-magazine.com/2022/04/15/chinese-pv-industry-brief-polysilicon-prices-keep-rising-2/

PV Magazine of 15 April 2022

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