We are thrilled to announce that BAKTH Technology will be part of Electronica 2024, the world’s leading trade fair for electronics, taking place from November 12 to November 15, 2024 in the vibrant city of Munich, Germany.
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BEIJING — As the 2026 Two Sessions unfold, China‘s lithium battery industry, grappling with overcapacity and a critical technological transition, is receiving clear policy signals. This year’s Government Work Report and related proposals focus on curbing “involution-style” competition, supporting next-generation batteries, and fostering new application scenarios like low-altitude economy.
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Driven by global energy transition demand, a ban from key African producer Zimbabwe is tightening global lithium supplies. As of February 28, domestic lithium carbonate prices in China are approaching RMB 190,000/ton (approx. $26,300), with strong bullish sentiment prevailing.
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Recent 2025 performance forecasts released by several domestic lithium battery companies show that many previously loss-making firms have returned to profitability, with large-cylinder battery business serving as a significant profit contributor. This shift marks the industry’s transition from a capacity expansion-driven model to one fueled by technological innovation.
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A major technological breakthrough in lithium extraction from salt lakes has been achieved in China, with the successful large-scale application of a novel, highly efficient "adsorption-membrane separation" coupled process. This innovation significantly boosts lithium recovery rates from complex brines to over 95% while reducing energy consumption and production time. The advancement promises to enhance the economic viability of vast global salt lake resources, potentially lowering lithium production costs and stabilizing supply chains. Consequently, the entire lithium battery sector is experiencing renewed investor optimism, with positive ripple effects anticipated across upstream resource firms, midstream battery manufacturers, and downstream electric vehicle and energy storage applications. This progress also aligns with sustainable development goals by promoting greener extraction methods, reinforcing China's pivotal role in the global clean energy transition.
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With the VAT rebate rate for battery exports set to drop from 9% to 6% starting April 1, 2026, many Chinese manufacturers are scrambling to front-load their export shipments to lock in the current incentive
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