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