In 2020 and 2021, private and foreign companies comprised half of the merger and acquisition investment in China's lithium battery industry. In 2023, ** percent of the deals were executed by private equity (PE) and venture capital (vc) firms, indicating their increasing involvement in the sector.
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PwC. (March 22, 2024). Share of merger and acquisition deal volume of lithium batteries industry chain in China from 2020 to 2023, by investor type [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 03, 2026, from /statistics/1464374/china-manda-deal-volume-share-in-the-lithium-cell-sector-by-investor-type/
PwC. "Share of merger and acquisition deal volume of lithium batteries industry chain in China from 2020 to 2023, by investor type." Chart. March 22, 2024. ÌÇÐÄÆÆ½â°æ. Accessed August 03, 2026. /statistics/1464374/china-manda-deal-volume-share-in-the-lithium-cell-sector-by-investor-type/
PwC. (2024). Share of merger and acquisition deal volume of lithium batteries industry chain in China from 2020 to 2023, by investor type. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 03, 2026. /statistics/1464374/china-manda-deal-volume-share-in-the-lithium-cell-sector-by-investor-type/
PwC. "Share of Merger and Acquisition Deal Volume of Lithium Batteries Industry Chain in China from 2020 to 2023, by Investor Type." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 22 Mar 2024, /statistics/1464374/china-manda-deal-volume-share-in-the-lithium-cell-sector-by-investor-type/
PwC, Share of merger and acquisition deal volume of lithium batteries industry chain in China from 2020 to 2023, by investor type ÌÇÐÄÆÆ½â°æ, /statistics/1464374/china-manda-deal-volume-share-in-the-lithium-cell-sector-by-investor-type/ (last visited August 03, 2026)
Share of merger and acquisition deal volume of lithium batteries industry chain in China from 2020 to 2023, by investor type [Graph], PwC, March 22, 2024. [Online]. Available: /statistics/1464374/china-manda-deal-volume-share-in-the-lithium-cell-sector-by-investor-type/