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China's Battery Industry Leads the World in Development, Asia Pacific Battery Show Accelerates Overseas Layout

The "Global Electric Vehicle Development Index Q1 2017" report (hereinafter referred to as the "Report"), jointly released by Roland Berger Strategy Consultants and the renowned German automotive research institute Automotive Engineering & Technology Aachen, provides a detailed analysis of the competitive landscape of electric vehicles in the world's seven major automotive countries in terms of three indicators, namely, technology, industry and market. A detailed analysis was conducted.

In terms of "industry" indicators, China has established a leading position due to the continued rapid growth of the Chinese market and the fact that more than 90% of lithium batteries are produced locally. Japan is at a disadvantage compared to China in terms of both electric vehicle production and global battery production share, slipping to third place in the world. The U.S. climbed to second place.

In terms of global battery production share, Chinese battery manufacturers are already in the lead. Thus, in the field of battery manufacturing, China's advantages are becoming more and more obvious. Many international enterprises have expressed optimistic about the future of China's battery market, hoping to use the exhibition as a platform to enter the Chinese market, in China's hundreds of billions of dollars of battery market "a share of the pie". As the world's leading battery sourcing and trading platform, Battery Asia Pacific has attracted a large number of international enterprises to participate in the exhibition, and a large number of overseas high-quality buyers have registered to visit the exhibition through the website backstage, e-mail, social platforms, and so on.

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