In 2024, the global total shipment of lithium-ion batteries will reach 1545.1GWh, a year-on-year increase of 28.5%.

In 2024, the total global lithium-ion battery shipments will be 1545.1GWh, a year-on-year increase of 28.5%. Among them, in the field of small batteries, the cyclical trend is obvious. Driven by a new round of ICT replacement demand and new technologies, the destocking of small power and the acceleration of electrification will lead to a stabilization in 2024. The global small battery (SMALL LIB) shipments will be 124.1GWh, a year-on-year increase of 9.6%.