New energy storage brings development opportunities. The output value of lithium battery industry exceeds 100 billion yuan

Polaris energy storage Network News: China is the world's largest manufacturer of lithium batteries, and the world's second largest producer and exporter. In recent years, the output value of China's lithium battery industry has grown from tens of billions of yuan to more than 100 billion yuan. It has become one of the main power sources for many major applications such as new-generation smartphones, various electric vehicles, wind energy storage systems, and solar energy storage systems. In the future, as people's demand for lithium batteries increases, the lithium battery market will show an explosion situation, and more and more companies will be involved in the lithium battery industry.

China is the world's largest manufacturer of lithium batteries and the world's second-largest producer and exporter, according to the data. In terms of market share, lithium-ion batteries have accounted for more than 40 % of the world market share, and this rate is still increasing. At present, the growth rate of lithium-ion batteries in China is about 10 %. This year, the output value of lithium-ion batteries in China is expected to reach 353 billion.

Zhaojinsheng, chairman of the China Battery Industry Association, recently said at the second China(Yichun) International Summit Forum on Lithium New Energy Industry and Jiangxi(Yichun) Lithium New Energy Industry Cooperation Promotion Conference. The battery industry has become an important supporting industry for strategic emerging industries such as electronic information, energy conservation and new energy vehicles, renewable energy, smart grid and new materials. In recent years, the output value of China's lithium battery industry has grown from tens of billions of yuan to more than 100 billion yuan. It has become one of the main power sources for many major applications such as new-generation smartphones, various electric vehicles, wind energy storage systems, and solar energy storage systems.

Zhaojinsheng believes that the implementation of the country's strategic and emerging industrial policies on key development during the "Twelfth Five-Year Plan" period has provided new development opportunities for the battery manufacturing industry and ensured the needs of the overall development layout of the national economy. Its main characteristics are: Sustaining fast development; Further optimization of product structure; Increased industrial concentration; Speed up the pace of technological innovation; Increased awareness of intellectual property rights; Environmental governance has achieved remarkable results.

With the development of the new energy automotive industry, the demand for power lithium batteries has been extended to the upstream lithium mineral resources, positive poles, negative poles, diaphragm and electrolytes and other related materials industries. With the joint efforts of enterprises, scientific research institutions and institutions of higher learning throughout the industry, the safety, reliability and life expectancy of lithium-ion batteries have been significantly improved, and the application market has accelerated.

The proposal for the formulation of the 13th Five-Year Plan for National Economic and Social Development, adopted at the Fifth Plenary Session of the 18th CPC Central Committee, proposes to expand the space for industrial development and support the development of emerging industries such as energy conservation, environmental protection, information technology, smart manufacturing, high-end equipment and new energy. It will be an opportunity for the battery industry to innovate as an important basic industry in China.

During the "13th Five-Year Plan" period, the use of electric appliances for the development of new technologies such as miniaturization and digitization of modern electronic information products has become more widely used, which will further stimulate battery consumption demand and promote the steady growth of lithium batteries and high-energy primary batteries. The rapid development of modern communications and the Internet will promote the rapid growth of mobile and stationary energy storage power systems such as lead batteries and lithium-ion batteries. The energy revolution triggered by the development of a low-carbon cycle and the increase in the installed capacity of renewable energy sources such as wind energy and solar energy will provide more space for the development of large-capacity lithium-ion batteries and new-type lead batteries and other energy storage batteries.

Industry insiders also stated that the current power lithium battery, new energy vehicle industry, distributed power generation storage energy faces many winds of policy, products, markets and capital. At present, the growth rate of lithium battery production is far from meeting the needs of the rapid development of new energy vehicles. The market for high-quality lithium battery products is still in short supply.

Lithium batteries, new energy vehicles, energy storage industries and so on have become an important part of the national strategic plan. In the next 5 to 10 years, this industry will realize the self-improvement and development of the industry ecology, and the market opportunities and potential are huge. It is expected that in the next 10 years, China's power lithium battery industry is expected to exceed 160 billion yuan. The upstream lithium mineral resources, key materials in the middle reaches and the downstream core assembly market will usher in continued positive. Demand will ease in the second half of 2016 when the market share of power lithium batteries is expected to reach 38 % this year and production capacity will reach 5 billion angstroms. The global industry of small lithium-ion batteries will reach more than $50 billion in 2015, providing a stable market base for global and Chinese lithium-ion battery companies.

Jinying SHARES announced on December 8 that the company intends to invest 90 million yuan in currency and jointly invest with Ruixiang to establish Zhejiang Jinying Ruixiang Materials Co., Ltd., which is engaged in the research and development of three lithium battery cathode materials. Production and sales, construction site in Zhoushan City, Zhejiang Province. The total investment of the joint venture company is 500 million yuan(including liquidity), and the project is carried out in phases. The registered capital is tentatively set at 150 million yuan.

Golden Eagle SHARES said that the rapid growth of China's new energy automotive market and the lithium battery material industry have also ushered in rapid development of the positive situation and huge market opportunities. The investment plan is in line with the National industrial policy and is conducive to the company's full grasp of the development opportunities brought about by the new energy industry. It is in the interest of the company to further improve the efficiency of capital use, which is in line with the company's transformation direction and long-term development.

In the future, as people's demand for lithium batteries increases, the lithium battery market will show an explosion situation, and more and more companies will be involved in the lithium battery industry. At the same time, with the improvement of the technology of lithium battery manufacturers, the demand for lithium batteries in the world market will also show a steady growth trend.

The page contains the contents of the machine translation.