· Lithium battery replaces lead acid to promote business opportunities. The annual output of electric vehicles is more than 30 million.

The current electric bicycles in mainland China are mainly lead-acid batteries. Lithium-electric bicycles are electric bicycles that use lithium-ion large-capacity batteries. Because lithium batteries are light and durable, electric bicycles are not bulky and beautiful, and are suitable for the elderly and women. But the price will be higher than the lead-acid electric bicycle.
The “13th Five-Year Plan” of the mainland vigorously promotes new energy. According to a document from our Ministry of Economic Affairs, the mainland’s energy-saving and environmentally-friendly electric bicycles are in line with the sustainable development strategy. The lithium battery electric bicycle market has great potential, and the annual output of electric bicycles in mainland China. More than 30 million vehicles have a holding capacity of over 100 million. If all are replaced by lithium batteries, the market size exceeds 100 billion yuan (RMB, the same below).
The current electric bicycles in mainland China are mainly lead-acid batteries. Lithium-electric bicycles are electric bicycles that use lithium-ion large-capacity batteries. Because lithium batteries are light and durable, electric bicycles are not bulky and beautiful, and are suitable for the elderly and women. But the price will be higher than the lead-acid electric bicycle.
In recent years, the output of lithium-ion bicycles in China has generally shown an upward trend. In the first half of 2014, the shipment of lithium-ion bicycles in mainland China reached 1.7 million units, a 36% increase over the same period in 2013. The growth in shipments of lithium-ion bicycles is mainly due to the growth in demand in the mainland domestic market, and the growth rate of the export market is relatively small. In the next three years, the growth rate of mainland lithium battery bicycle shipments will maintain a compound growth rate of around 40%, and shipments will reach 8 million units by 2016.
The production of lithium battery bicycles in mainland China is mainly concentrated in the four major sectors of Jiangsu, Zhejiang, Tianjin and Guangdong. In the north, the enterprises represented by the Tianjin plate produce simple models, while the enterprises represented by the Jiangsu-Zhejiang plate in the south mainly produce luxury models. Among these regions, Tianjin is the largest lithium-electric bicycle production base in the mainland. Tianjin accounted for 35% of lithium battery production; followed by Jiangsu accounted for 24%, Zhejiang 17%, Guangdong 10%, and the four regions together accounted for 86% of the market.

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