In the first two months of this year, the output of power batteries continued to maintain steady growth, and in February, the load of power batteries for new-energy vehicles maintained a high increase compared with the same period last year. China's lithium industry is not only enjoying a period of rapid growth, but also leading the global market. Ningde Times, based in Fujian Province, is the world's largest lithium battery manufacturer. According to information released recently, Ningde Times' global power battery usage market share in 2022 was 37.0%, up 4 percentage points from the same period last year, ranking first in the world for six consecutive years.