China's Lithium Battery Exports Surge 50% in Q1 Ahead of Tax Rebate Cut

Gate News message, April 15 — China's lithium battery exports rose 50% year-on-year in the first quarter of 2026, according to customs data. The increase accelerated from 26% growth recorded in 2025 and was partly driven by front-loading of shipments before China reduced the export tax rebate to 6% from 9% on April 1.

The data emerged as fuel supply disruptions linked to the Middle East conflict heightened energy security concerns. Ningbo Deye Technology, a Chinese battery storage manufacturer, said its first-quarter profit could rise by as much as 70% after orders increased in Europe, the Middle East, and Southeast Asia.