Author to whom correspondence should be addressed. Lithium-based new energy is identified as a strategic emerging industry in many countries like China. The development of lithium-based new energy industries will play a crucial role in global clean energy transitions towards carbon neutrality.
The lithium-based new energy industry is positioned as a strategic emerging industry in many countries like China in the context of carbon neutrality. All of these nations put their efforts to promote the development of the lithium-based new energy industry.
The industry of lithium-based new energy is defined as a strategic emerging industry in China. In 2022, China’s lithium battery exports amounted to nearly CNY 342.7 billion. China’s lithium-ion battery shipments reached a total of 660.8 GWh in 2022, accounting for over 60% of the global market share.
Power batteries are the core of new energy vehicles, especially pure electric vehicles. Owing to the rapid development of the new energy vehicle industry in recent years, the power battery industry has also grown at a fast pace (Andwari et al., 2017).
Empirically, we study the new energy vehicle battery (NEVB) industry in China since the early 2000s. In the case of China's NEVB industry, an increasingly strong and complicated coevolutionary relationship between the focal TIS and relevant policies at different levels of abstraction can be observed.
Lithium-sulfur batteries (Figure 2), like solid-state batteries, are poised to overcome the limitations of traditional lithium-ion batteries (Wang et al., 2023). These batteries offer a high theoretical energy density and have the potential to revolutionize energy storage technologies (Wang et al., 2022).