Foreign media: Cui Dongshu, secretary-general of the China Auto Dealers Association, said that the demand for lithium batteries in China will drop significantly in early 2026. Domestic new energy vehicle sales are expected to fall by at least 30%, due to the gradual cancellation of purchase subsidies and tax preferential policies.
Additionally, electric vehicle sales in the commercial vehicle sector will also be significantly reduced due to market demand being exhausted after the year-end rush to buy.
In terms of exports, although China's lithium battery exports to the EU increased by 4% in 2025, exports to the United States fell by 9.5%, and U.S. policy restrictions also pose risks to Chinese battery manufacturers. Cui Dongshu advised battery manufacturers to cut production to cope with demand fluctuations.
Original article: toutiao.com/article/1852750317574144/
Statement: The article represents the views of the author himself.