LFP Q1 exports eye explosive growth of 520.11% on NEV market explosion

Source: Mysteel Apr 24, 2026 11:14

China's LFP exports witnessed an explosive growth in the first three months this year, mainly due to the continuous expansion of the global new energy vehicle and energy storage markets.

In the first quarter of the year, China's lithium iron phosphate (LFP) exports enjoyed a sharp rise, largely because the continuous expansion in the global new energy vehicle (NEV) and energy storage markets fueled the demand for LFP, and as the adjustment of export rebates gave rise to an