Power Battery Industry in China will enter a period of rapid shuffling

On April 21st, at the "2018 First China New Energy power battery and energy storage Industry Conference" with the theme of "New Energy Conversion and High-Quality Development", Liuyanlong, Secretary-General of the China Chemical and Physical Power Supply Industry Association, said that China's power the battery industry has entered a rapid shuffle period. From 2015 to 2017, the number of power battery supporting enterprises has dropped from 150 to about 100, and this process will be further accelerated in the future.

In recent years, with the development of the new energy automotive industry entering the fast track, as its core parts of the power battery industry has also ushered in a period of rapid development. According to the latest data released by the China Automobile Industry Association, in 2017, the production and sales of new energy vehicles in China exceeded their expected targets, and 794,000 vehicles and 777,000 vehicles were completed respectively, an increase of 53.8 and 53.3 vehicles respectively. According to the Ivy economic research institute, lower battery costs and increased mileage requirements will lead to an average annual increase in battery capacity of more than 10 batteries.

According to relevant calculations, the total installed capacity of power batteries in China in 2017 was about 36 GW, an increase of more than 20 <UNK>, and it is expected that in 2018 it will exceed the 50 GW mark. By 2022, our demand for power cells will reach 210.3 GWh. Among them, passenger cars will become the absolute main application market for power batteries. By 2022, the demand for passenger car batteries will reach 68.3.

In 2017, China will remain the world's largest market for battery applications, with a total battery output of 100 billion watt-hours, including 78 billion watt-hours for power cells, Liuyanlong said. In terms of vehicle battery supporting conditions in 2017, the passenger car battery supporting capacity is approximately 3.98 billion watt-hours, accounting for 33.7 percent; The special vehicle battery kit was 8.51 billion watt-hours, accounting for 22.95 percent; The proportion of passenger car batteries is 39. The entire power battery industry is still dominated by lithium batteries, accounting for 99.56 billion watt-hours, 165.6 billion watt-hours for three-way batteries, 44.87 watt-hours for the entire lithium battery, and 18.07 billion watt-hours for lithium iron phosphate. The proportion is 4948.96.

According to relevant data, in 2017, the top five power battery enterprises in China were: 105.8 billion watt-hours in the era of Ningde, 5.66 billion watt-hours in BYD, 2.412 billion watt-hours in Wotema, and 204.8 billion watt-hours in Guoxuan, and 1.655 billion watt-hours in Bic. Among them, the market share of the Ningde era has soared beyond BYD, from 20.6 in 2016 to 29.2 in 2017.

This year, the implementation of the dual-point management approach has brought new opportunities for China's new energy vehicles and power battery industry. In this regard, Song Xianzhu, party secretary and vice president of the CCID Research Institute of the Ministry of Industry and Information Technology believe that this requires the joint efforts of the industry to further enhance the technological innovation capability and market competitiveness of the power battery industry.

"The fierce competition in the power battery industry has led to the continuous integration of the industry. The market will further concentrate on dominant companies. Liuyanlong believes that with the concept of open, innovative, coordinated, green, open and shared development, we must accelerate the automation and intelligence of China's battery industry and accelerate the transition from a big battery country to a powerful battery country. In the future, only battery companies with strong technological accumulation, sufficient capital support, rational market positioning and rapid market reflection capabilities can take the lead and win the market.

The page contains the contents of the machine translation.