Growth in consumer electronics market drives capacity expansion of lithium batteries in China

At present, lithium-ion batteries are widely used. For example, the main lithium-free electronic batteries in modern mobile smart terminal products are completed. Among them, the major producing countries are China, Japan and the ROK. With the further increase in shipments of consumer electronic products, it is expected to exceed 5.4 billion in 2014.

Lithium-ion batteries are rechargeable batteries that rely mainly on lithium ions to move between positive and negative poles. In the process of charging and discharging, Li is embedded and deem bedded between the two electrodes: When recharging the battery, Li is deem bedded from the positive electrode, the electrolyte is embedded in the negative electrode, and the negative electrode is in a lithium-rich state; When discharging, it is the opposite. Lithium-containing materials are generally used as electrodes for batteries and are representative of modern high-performance batteries.

At present, the production of lithium-ion batteries is mainly concentrated in China, Japan and South Korea, and South Korean manufacturers have developed rapidly in recent years. According to TSR data, a Japanese market research institute, South Korean companies reached 39 % of the global market share of lithium ion batteries in 2011, surpassing Japan(35 %) as the world's largest producer of lithium ion batteries for the first time. Among them, the total output of lithium-ion batteries in China in 2012 was about 4 billion, an increase of about 33 % over the previous year. Producers with Chinese production bases are ranked first including lishen, ATL, BYD and Bic.

China's lithium ion batteries or breaking 5.4 billion in production in 2014

According to Yuxuesong, a researcher at the Institute of Electronic Information Industry of the Saidi Think Tank, the country's successive stimulus policies will promote high market demand. China's lithium ion battery production is expected to accelerate, and its annual output is expected to exceed 5.4 billion.

Judging from the industrial development in 2013, despite the slowdown in the growth of the consumer electronics market, the rapid growth in the sales of electric vehicles has enabled China's lithium-ion battery industry to maintain a steady growth momentum. The annual output is expected to reach 4.54 billion, a record high.

At the same time, Yuxuesong said that in 2014, China's lithium ion battery industry has four hot spots worth attention: First, the battery management system demand explosion; Secondly, the displacing competition will be the breakthrough for the development and expansion of lithium electric enterprises in China; Third, lithium electric equipment ushered in the development of opportunities; Fourth, with the help of standards formulation, technology dominant scale enterprises are expected to occupy a certain competitive advantage.

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