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European Metals Holdings Ltd

China: EVs to boost lithium-ion battery market

It is anticipated that the Chinese lithium-ion battery market size will increase at a positive double digit CAGR during the period 2017-2022.

The demand for lithium-ion batteries in China is expected to grow at a rapid pace due to an increased demand for new energy vehicles, as well as accelerating demand for energy storage batteries for on grid and off-grid applications.

According to the report ‘China Lithium Ion Battery Market Outlook to 2022,’ the lithium-ion battery market of China is at its growth stage.

 

European Metals Holdings Limited (LON:EMH) are an Australian and UK listed mineral exploration and development company advancing the Cinovec Lithium / Tin Project in Czech Republic.12

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.