China has become the largest consumer of li-battery materials now. In early June, the Chinese government issued a subsidy program for new energy vehicles which decides to grant subsidies to individual purchasers of new energy vehicles in Shanghai, Changchun, Shenzhen, Hangzhou and Hefei.
The subsidy to plug-in hybrid electric passenger cars can be as high as CNY 50,000 and that to passenger cars CNY 60,000. The subsidy policy will boost the development of new energy vehicles in China. It also indicates that the plug-in hybrid electric vehicle and electric vehicle will be the fashion of new energy vehicles and li-battery will be an attraction for investors in China.
However, li-battery faces lots of technical bottlenecks, anode and cathode materials in particular. China still lags behind of the US and Japan in separators technology. For global li-battery material suppliers, the Chinese market has enormous opportunities.
CBI China will organize Li-Battery Material Global Forum 2010 in Shenzhen, China during 5-6 August. To facilitate the exchange between li-battery and material manufacturers at home and abroad, the event will cover key materials of li-battery (including new anode material, anode material, separator, electrolyte and PVDF), battery management system and safety issues.