Briefly describe the current installed capacity of lithium batteries for electric vehicles

After a lapse of one year, BYD (002594, Shenzhen; 01011, Hong Kong) installed capacity to re-enter the evening of May 20, the statistics released by the real lithium research show that in April 2018, China's electric vehicle market achieved lithium-ion installed capacity of 3.69, Women, a year-on-year increase of 261.56%, an increase of 68.67%. Judging from the installed capacity of battery companies, BYD reached the top in April with 1.32 (small scale installed capacity, accounting for 35.78%). This is BYD's monthly installed capacity surpassing the Ningde era in the first place after a lapse of one year.

"Daily Economic News" reporter noted that in the April installed data, Ningde era ranked second with 1.25 (small-scale installed capacity, accounting for 33.74%, also means that the market share of half of this year) Specifically, in April, the installed capacity of BYD lithium iron phosphate battery was 577.66 MWh, the installed capacity of cobalt ternary battery was 742.5 kWh, and the installed capacity of lithium iron phosphate battery in Ningde era was 47.091 MW. At the time, the installed capacity of the cobalt ternary battery was 774.22 MWh.

The two giants "you chase me"

According to the installed data of the first four months of this year, the Ningde era still ranked first in the small-scale total installed capacity, but the market share has dropped to 43.07% compared with 50.64% in the first quarter. BYD Then it was 1.99 and the proportion of women was 24.18%, ranking second. Compared with 14.76% in the first quarter, the market share increased by nearly 10%, which quickly narrowed the gap with the Ningde era.

In the domestic lithium-power battery enterprise market, although BYD's battery business was earlier than the Ningde era, its closed system allowed the latter to quickly occupy the market, and the power battery shipments were surpassed by the Ningde era in 2017. In the investor relations record released on May 7, BYD said in an investigation by institutional investors that the company already has some batteries for sale, and some customers are negotiating.

In the 2017 Board of Directors' work report, Jianruiwoneng mention that by 2017, with the liberalization of the national policy for the application of ternary lithium batteries in the passenger car field and the subsidy policy, the high-energy density power battery is gradually inclined, making the ternary lithium battery Shipments are rapidly expanding, and their market share is gradually approaching lithium iron phosphate batteries. With the introduction of the latest subsidy policy in 2018, it further indicates that the future ternary lithium battery will truly become the protagonist of the power battery market.

According to the data, from January to April of this year, the installed capacity of cobalt ternary batteries was 5.07 and the proportion of women was 61.65%, ranking first, with lithium iron phosphate batteries at 2.98 and women accounting for 36.23%. Second, the market share has shrunk to less than 40%.

BYD also revealed in its investor relations activity log that by the end of 2017, the total capacity of power cells was 16GWh, including 6GWh of three-part batteries and 10GWh of lithium iron phosphate batteries. This year, it will also expand the production of 10GWh of ternary batteries, and the total capacity will reach 26GWh.

Korean power battery is coming back

"The power industry pattern has basically stabilized, and now the competition is product quality and technology." Wu Hui, research director of the Ivey Economic Research Institute, said in an interview with the reporter of "Daily Economic News".

"Daily Economic News" reporter noted that although the domestic battery manufacturers are basically stable, they may face another impact, that is, the Japanese and Korean batteries are "returning." Since April, Korean battery companies, including Samsung and LG, have broken the silence and launched a new round of investment in China.

On April 11, the listed company Huayou Cobalt announced that it plans to jointly invest RMB 4 billion with LG Chem to establish two joint ventures to produce lithium battery materials. The two parties will each hold one of the joint ventures.

On May 2nd, Samsung Electronics Vice President Li Zairong visited BYD in Shenzhen. Regarding the content of the negotiations, both parties refused to disclose the details and attracted outside speculation.

Many people in the industry believe that in the past few years, Japanese and Korean power battery companies have also invested heavily in China, intending to seize the Chinese market, but since 2016, Japan and South Korea's power battery is almost completely defeated in China, which is therefore directly It has contributed to the rapid growth of the share of Chinese local battery companies.

Wu Hui told reporters that the reason why Japanese and Korean power battery manufacturers will "return" is mainly to consider that after the cancellation of subsidies for new energy vehicles in 2020, the domestic market should be opened to Japan and South Korea, which means there are still two or three. In the year, if the investment is started now, the battery will be sold by 2020.

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