China Electric Vehicle Battery Market (2025-2031) | Companies, Industry, Revenue, Forecast, Trends, Growth, Value, Analysis, Share & Size

Market Forecast By Vehicle Type (Passenger Car, Commercial Vehicle, Two-Wheeler), By Propulsion Type (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle), By Battery Type (Lead Acid Battery, Nickel Metal Hydride Battery, Lithium ion Battery) And Competitive Landscape

Product Code: ETC173680 Publication Date: Jan 2022 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Bhawna Singh No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

China Electric Vehicle Battery Market Top 5 Importing Countries and Market Competition (HHI) Analysis

China continues to rely on imports for electric vehicle batteries, with Germany, Malaysia, and South Korea emerging as key suppliers in 2024. The low Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a slight uptick in growth from 2023 to 2024. This trend suggests a potential shift in the market dynamics and highlights the importance of monitoring supply chain developments in the electric vehicle battery sector.

China Electric Vehicle Battery Market Top 5 Importing Countries and Market Competition (HHI) Analysis

China Electric Vehicle Battery Market Top 5 Importing Countries and Market Competition (HHI) Analysis

China Electric Vehicle Battery Market Highlights

Report Name China Electric Vehicle Battery Market
Forecast Period 2025-2031
CAGR 1.18%
Growing Sector Automotive & Transportation

Topics Covered in the China Electric Vehicle Battery Market Report

The China Electric Vehicle Battery Market report thoroughly covers the market by vehicle type, propulsion type, and battery type. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.

China Electric Vehicle Battery Market Synopsis

The China Electric Vehicle Battery Market is expanding continuously, driven by strong government policies promoting e-mobility and increasing focus on sustainability. Lithium-ion batteries form the core of this transformation, providing improved efficiency, lower emissions, and dependable performance. Their widespread use across passenger vehicles, commercial fleets, and electric two-wheelers. Expanding urbanization, coupled with smart city initiatives and ambitious electrification targets, continues to fuel large-scale adoption, positioning China as an International leader in the development and deployment of EV battery technologies. 

Evaluation of Growth Drivers in the China Electric Vehicle Battery Market

Below mentioned are some prominent drivers and their influence to the market dynamics:

Driver Primary Segments Affected Why it matters (evidence)
Urban Electrification Passenger Cars, Two-Wheelers The adoption of EVs with advanced batteries is increasing to reduce emissions and enhance energy security, driven by rapid urban growth in the country.
Expansion of E-Commerce Logistics Commercial Vehicles The demand for large-capacity batteries is on the rise, with the rising logistics and last-mile delivery demand pushes electrification of fleets.
Technological Advancements Passenger Cars, Commercial Vehicles Development of high-density lithium-ion batteries improves range and efficiency, boosting consumer confidence.
Government Subsidies & Mandates All Vehicle Types State-level incentives and purchase subsidies lower EV costs, accelerating battery demand.
Public Charging Infrastructure Passenger Cars, Two-Wheelers Battery consumption is high in the country due to the rising expansion of fast-charging networks makes EV adoption more convenient.

The China Electric Vehicle Battery Market size is projected to grow at the CAGR of 1.18% during the forecast period of 2025-2031. The China Electric Vehicle Battery Market Growth is fueled by the country vast automotive ecosystem, growing consumer shift toward green vehicles, and strong state incentives. Supportive policies such as subsidies, emission regulations, and infrastructure development are accelerating adoption. Nevertheless, nationwide smart city initiatives and renewable energy integration are creating fresh opportunities for battery producers, encouraging investments in advanced technologies and large-scale manufacturing. These factors position China as a key hub in the global EV battery value chain.

Evaluation of Restraints in the China Electric Vehicle Battery Market

Below mentioned are some major restraints and their influence to the market dynamics:

Restraint Primary Segments Affected What this means (evidence)
High Battery Costs Passenger Cars & Commercial Vehicles Despite falling prices, high upfront costs for EV batteries deter adoption among price-sensitive buyers.
Supply Chain Vulnerability All Battery Types Reliability on imported raw materials like lithium and cobalt creates cost fluctuations.
Recycling Challenges Lithium-ion & Lead Acid Limited large-scale recycling infrastructure increases disposal costs.
Charging Infrastructure Gaps Two-Wheelers & Rural EVs Lack of charging facilities in rural areas hamper mass adoption beyond urban centers.
Energy Density Limitations Hybrid EVs, Plug-in Hybrids Lower energy density of certain battery types reduces vehicle range, affecting adoption.

China Cotton Market Challenges

Despite growth, the China Cotton Industry faces key challenges such as labor shortages in rural regions, water-intensive cultivation methods, and global scrutiny over environmental sustainability. Volatile international cotton prices and trade policies, mainly in relation to U.S. cotton imports, also affect market stability. Regional disparities in cotton quality and dependence on manual harvesting in certain areas reduce yield efficiency. Moreover, compliance with international labor and environmental standards adds operational complexity for exporters.

China Cotton Market Trends

Several prominent trends reshaping the China Cotton Market Growth include:

  • Premium & Long Staple Cotton Demand Rising: There is increased demand for long staple cotton varieties (extra long staple, Pima type) for high quality textiles, luxury fabrics.
  • Traceability & Sustainability : More adoption of certified organic cotton, Better Cotton Initiative (BCI), and systems to trace cotton origin.
  • Mechanization & Quality Improvement: More mechanized harvesting, increased  seed development, superior agricultural inputs, and better processing to reduce fiber damage.

Investment Opportunities in the China Cotton Industry

Some major investment opportunities in the market are:

  • Organic & Sustainable Cotton Farming – Invest in certified farms, organic farming, reduce pesticide/fertilizer usage to cater to export & eco conscious domestic consumers.
  • Value Added Processing & Textile Upgrading – Spinning, weaving, finishing of premium fabrics; performance fabrics (e.g. breathable, wrinkle resistant); branding.
  • Seed & Biotechnology Innovation – Development of improved cotton varieties (disease/pest resistance, drought tolerance) for higher yields & quality.
  • Supply Chain Traceability Solutions – Blockchain and similar platforms used to verify origin, sustainability, and process transparency.

Top 5 Leading Players in the China Cotton Market

Leading players contributing to China Cotton Market Share are: -

1.China National Cotton Group Corporation (CNCC)

Company Name China National Cotton Group Corporation (CNCC)
Established Year 1993. 
Headquarters Beijing, China. 
Official Website Click Here

CNCC is a state-owned leader spanning cotton trading, processing, and supply-chain services, operating ginning bases in key producing regions and sourcing globally. 

2.Chinatex Corporation (COFCO Group)

Company Name Chinatex Corporation (COFCO Group)
Established Year 1949
Headquarters Beijing, China. 
Official Website  - 

A COFCO subsidiary engaged across the cotton value chain—import/export, trading, textile manufacturing, and printing/dyeing—serving domestic and international markets. 

3.Weiqiao Textile Company Limited

Company Name Weiqiao Textile Company Limited
Established Year 1999.
Headquarters Binzhou, Shandong, China. 
Official Website Click Here

One of the world’s largest integrated cotton textile manufacturers (yarn, grey fabric, denim); a listed subsidiary of Shandong Weiqiao Pioneering Group. 

4.Huafu Fashion Co., Ltd.

Company Name Binzhou, Shandong, China. 
Established Year 2000
Headquarters Huaibei, Anhui, China. 
Official Website Click Here

A leading supplier of mélange/colored yarns with a vertically integrated footprint from cotton procurement through spinning and dyeing. 

5.Texhong International Group Limited

Company Name Texhong International Group Limited
Established Year 1997.
Headquarters Tsuen Wan, Hong Kong (sales HQ in Shanghai, PRC). 
Official Website Click Here

One of the largest producers of high value-added core-spun cotton yarn and fabrics, supplying China and global apparel markets. 

Government Regulations Introduced in the China Cotton Market

According to Chinese Government Data, Initiatives like the National Cotton Industry Development Plan (2021–2025) aim to enhance automated cultivation and diminish dependence on imports.  The government has established Smart Cotton Farming pilot zones in Xinjiang to enhance yield predictions through the utilization of AI and satellite imagery.  The Ministry of Agriculture and Rural Affairs advocates for drip irrigation subsidies to mitigate water constraint.  Current environmental legislation requires sustainable farming certificates for cotton intended for export, thereby improving compliance and global recognition.

Future Insights of the China Cotton Market

The China Cotton Market is poised for long-term stability as consumer preference for cotton-based clothing rises. Future growth will be driven by expansion in functional cotton fabrics and increased exports of high-value cotton textiles. The market will benefit from digital transformation, including cotton price analytics platforms and AI-driven farming. Increased R&D in genetic seed varieties and broader adoption of circular economy models are likely to improve sustainability and cost-efficiency across the cotton value chain.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Volume To Dominate the Market - By Production Analysis

According to Mansi Ahuja, Senior Research Analyst, 6Wresearch, the cotton production market is driven by volume as large-scale cultivation meets growing domestic and global demand. High production volumes ensure supply stability and support downstream industries, making quantity the key focus for sustaining market growth and meeting consumption needs efficiently.

Value To Dominate the Market - By Consumption Analysis

Consumption analysis emphasizes value due to the rising demand for premium and sustainable cotton products. Higher-quality fabrics and branded textiles contribute to greater market worth, reflecting consumer preference for durability, comfort, and eco-friendly options, which elevate the overall consumption value.

Value To Dominate the Market - By Export Analysis

Export markets focus on value as China increasingly ships high-quality finished cotton textiles. Competitive pricing combined with superior product standards enhances export revenue. This focus on value highlights China’s strategic shift toward exporting finished goods rather than raw materials.

Value To Dominate the Market - By Import Analysis

Import analysis prioritizes value because China imports high-grade cotton seeds and raw cotton to improve quality and yield. Investing in superior materials raises production standards and boosts overall market efficiency, making the value of imports crucial to domestic cotton industry growth.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024.
  • Forecast Data until 2031
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • China Electric Vehicle Battery Market Outlook
  • Market Size of China Electric Vehicle Battery Market, 2024
  • Forecast of China Electric Vehicle Battery Market, 2031
  • Historical Data and Forecast of China Electric Vehicle Battery Revenues & Volume for the Period 2021 - 2031
  • China Electric Vehicle Battery Market Trend Evolution
  • China Electric Vehicle Battery Market Drivers and Challenges
  • China Electric Vehicle Battery Price Trends
  • China Electric Vehicle Battery Porter's Five Forces
  • China Electric Vehicle Battery Industry Life Cycle
  • Historical Data and Forecast of China Electric Vehicle Battery Market Revenues & Volume By Vehicle Type for the Period 2021 - 2031
  • Historical Data and Forecast of China Electric Vehicle Battery Market Revenues & Volume By Passenger Car for the Period 2021 - 2031
  • Historical Data and Forecast of China Electric Vehicle Battery Market Revenues & Volume By Commercial Vehicle for the Period 2021 - 2031
  • Historical Data and Forecast of China Electric Vehicle Battery Market Revenues & Volume By Two-Wheeler for the Period 2021 - 2031
  • Historical Data and Forecast of China Electric Vehicle Battery Market Revenues & Volume By Propulsion Type for the Period 2021 - 2031
  • Historical Data and Forecast of China Electric Vehicle Battery Market Revenues & Volume By Battery Electric Vehicle for the Period 2021 - 2031
  • Historical Data and Forecast of China Electric Vehicle Battery Market Revenues & Volume By Hybrid Electric Vehicle for the Period 2021 - 2031
  • Historical Data and Forecast of China Electric Vehicle Battery Market Revenues & Volume By Plug-in Hybrid Electric Vehicle for the Period 2021 - 2031
  • Historical Data and Forecast of China Electric Vehicle Battery Market Revenues & Volume By Battery Type for the Period 2021 - 2031
  • Historical Data and Forecast of China Electric Vehicle Battery Market Revenues & Volume By Lead Acid Battery for the Period 2021 - 2031
  • Historical Data and Forecast of China Electric Vehicle Battery Market Revenues & Volume By Nickel Metal Hydride Battery for the Period 2021 - 2031
  • Historical Data and Forecast of China Electric Vehicle Battery Market Revenues & Volume By Lithium ion Battery for the Period 2021 - 2031
  • China Electric Vehicle Battery Import Export Trade Statistics
  • Market Opportunity Assessment By Vehicle Type
  • Market Opportunity Assessment By Propulsion Type
  • Market Opportunity Assessment By Battery Type
  • China Electric Vehicle Battery Top Companies Market Share
  • China Electric Vehicle Battery Competitive Benchmarking By Technical and Operational Parameters
  • China Electric Vehicle Battery Company Profiles
  • China Electric Vehicle Battery Key Strategic Recommendations

Market Covered

The market report provides a detailed analysis of the following market segments:

By Vehicle Type

  • Passenger Car
  • Commercial Vehicle
  • Two-Wheeler

By Propulsion Type

  • Battery Electric Vehicle (BEV)
  • Hybrid Electric Vehicle (HEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)

By Battery Type

  • Lead Acid Battery
  • Nickel Metal Hydride Battery
  • Lithium ion Battery

China Electric Vehicle Battery Market (2025-2031) : FAQ's

China EV Battery Market is projected to grow at a CAGR of 1.18% during the forecast period.
Trends include battery swapping, solid-state R&D, and smart battery management.
Opportunities lie in recycling, solid-state R&D, and Battery-as-a-Service models.
Key players include CATL, BYD, Panasonic, LG Energy Solution, and EVE Energy.
6Wresearch actively monitors the China Electric Vehicle Battery Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the China Electric Vehicle Battery Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 China Electric Vehicle Battery Market Overview
3.1 China Country Macro Economic Indicators
3.2 China Electric Vehicle Battery Market Revenues & Volume, 2021 & 2031F
3.3 China Electric Vehicle Battery Market - Industry Life Cycle
3.4 China Electric Vehicle Battery Market - Porter's Five Forces
3.5 China Electric Vehicle Battery Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F
3.6 China Electric Vehicle Battery Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F
3.7 China Electric Vehicle Battery Market Revenues & Volume Share, By Battery Type, 2021 & 2031F
4 China Electric Vehicle Battery Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.2.1 Government incentives and subsidies promoting electric vehicles
4.2.2 Environmental regulations driving the adoption of electric vehicles
4.2.3 Technological advancements in battery technology increasing efficiency and range
4.3 Market Restraints
4.3.1 Limited charging infrastructure hindering widespread adoption
4.3.2 High initial cost of electric vehicles compared to traditional vehicles
4.3.3 Concerns regarding battery safety and recycling
5 China Electric Vehicle Battery Market Trends
6 China Electric Vehicle Battery Market, By Types
6.1 China Electric Vehicle Battery Market, By Vehicle Type
6.1.1 Overview and Analysis
6.1.2 China Electric Vehicle Battery Market Revenues & Volume, By Vehicle Type, 2021 - 2031F
6.1.3 China Electric Vehicle Battery Market Revenues & Volume, By Passenger Car, 2021 - 2031F
6.1.4 China Electric Vehicle Battery Market Revenues & Volume, By Commercial Vehicle, 2021 - 2031F
6.1.5 China Electric Vehicle Battery Market Revenues & Volume, By Two-Wheeler, 2021 - 2031F
6.2 China Electric Vehicle Battery Market, By Propulsion Type
6.2.1 Overview and Analysis
6.2.2 China Electric Vehicle Battery Market Revenues & Volume, By Battery Electric Vehicle, 2021 - 2031F
6.2.3 China Electric Vehicle Battery Market Revenues & Volume, By Hybrid Electric Vehicle, 2021 - 2031F
6.2.4 China Electric Vehicle Battery Market Revenues & Volume, By Plug-in Hybrid Electric Vehicle, 2021 - 2031F
6.3 China Electric Vehicle Battery Market, By Battery Type
6.3.1 Overview and Analysis
6.3.2 China Electric Vehicle Battery Market Revenues & Volume, By Lead Acid Battery, 2021 - 2031F
6.3.3 China Electric Vehicle Battery Market Revenues & Volume, By Nickel Metal Hydride Battery, 2021 - 2031F
6.3.4 China Electric Vehicle Battery Market Revenues & Volume, By Lithium ion Battery, 2021 - 2031F
7 China Electric Vehicle Battery Market Import-Export Trade Statistics
7.1 China Electric Vehicle Battery Market Export to Major Countries
7.2 China Electric Vehicle Battery Market Imports from Major Countries
8 China Electric Vehicle Battery Market Key Performance Indicators
8.1 Average battery life of electric vehicle batteries
8.2 Percentage of new electric vehicle models launched with improved battery technology
8.3 Investment in research and development for battery technology advancements
9 China Electric Vehicle Battery Market - Opportunity Assessment
9.1 China Electric Vehicle Battery Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F
9.2 China Electric Vehicle Battery Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F
9.3 China Electric Vehicle Battery Market Opportunity Assessment, By Battery Type, 2021 & 2031F
10 China Electric Vehicle Battery Market - Competitive Landscape
10.1 China Electric Vehicle Battery Market Revenue Share, By Companies, 2024
10.2 China Electric Vehicle Battery Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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