Enchem Ramps Up China Battery Market Push... Aims to Double Electrolyte Sales

Expanding Supply to CATL, AESC, and Others
Transitioning to a Dual-Market System in the U.S. and China

Enchem is ramping up its efforts to penetrate China, the world’s largest battery market. By expanding supply cooperation with major Chinese battery companies and securing new clients, the company aims to more than double its electrolyte sales in China this year compared to last year.

Aerial view of Enchem's Zhuangzhang factory in China. Enchem

Enchem announced that since 2024, it has been carrying out mass production supply procedures for major Chinese battery manufacturers, including sample supply, technology verification, quality evaluation, supplier registration, and plant audits.

Enchem is working to expand supplies to leading battery companies such as CATL, AESC, SVOLT, Zhongqi Xinneng, and Lishen. According to the company’s internal business plan, this will result in electrolyte sales in China more than doubling this year compared to last year. Enchem sold approximately 32,000 tons of electrolyte in China last year.

The company is also simultaneously developing new customers while increasing the volume and product range supplied to existing clients. Some projects are currently at the sample evaluation and technology verification stage, while certain customers are in the process of supplier registration and quality audits.

In May, Enchem participated in the China International Battery Fair (CIBF) held in Shenzhen, China, where it held business discussions with key clients and potential customers. The company explained that follow-up technical meetings and project reviews have continued even after the exhibition.

Enchem plans to diversify its sales structure, which has been centered on the United States, into a two-pillar system with both the U.S. and Chinese markets. At the same time, the company intends to enhance profitability by adjusting low-margin volumes, improving production efficiency, and optimizing its cost structure.

An Enchem official stated, "China is a key market where technological changes in batteries and demand growth are happening most rapidly. We will strengthen our business foundation in China by expanding supply cooperation with major clients and simultaneously developing new customers."

This content was produced with the assistance of AI translation services.