Supply Chain

Overcapacity & Global Balance: Chinaʼs Nominal Battery Production Capacity Exceeds Global Shipments CHINA'S NOMINAL BATTERY PRODUCTION CAPACITY VS. GLOBAL EV & ESS BATTERY SHIPMENTS GWh

Note: China's nominal production capacity is presented on an average effective basis.

Overcapacity: China's nominal battery production capacity already exceeds both domestic and total global shipments. As of 2025, based on publicly available information, nominal domestic capacity surpasses 3 TWh, with over 3.5 TWh under construction or planned. Intensifying competition has driven strategy divergence: leading manufacturers continue Li-ion expansion, while others delay or cancel EV battery projects and pivot toward ESS, consumer batteries or next-generation technologies such as sodium-ion, solid-state, and eVTOL batteries. Meanwhile, Chinese battery companies are accelerating overseas manufacturing in APAC and Europe to localize production and mitigate evolving tax and trade risks.

Source: GGII report referenced in the 2025 CATL Global Offering, New Energy Terminal

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