Whether BYD can shake the leading position of ningde era three yuan field will become the future lithium electricity main battlefield

With the listing of ningde times in China, few domestic enterprises can shake its leading position in the field of power battery under the advantage of using capital to fight for the market. If there is, it can only be byd, which is preparing to break up its power battery business.

In fact, the change in the number of power batteries installed in China in April illustrates the current competition between byd and ningde. Recently, when a research institution counted the data of power battery installation in April, it found that in April 2018, China's electric vehicle market achieved lithium battery installation 3. 69Gwh, up 261 from a year earlier. 56 percent, up 68 percent month-on-month. 67%.

In terms of the proportion of installed data of battery enterprises, byd's installed capacity of power batteries in April was 1. 32Gwh regained the top spot at 35. 78%, over installation 1. In the ningde era of 25Gwh, it is also the first time for byd to surpass ningde era in terms of monthly assembly volume after a year.

The ternary proportion increased significantly

One notable change is that ternary power batteries are starting to significantly outpace lithium iron phosphate batteries. In April, byd installed 577 lithium iron phosphate batteries, according to verite research. 66Mwh, NCM ternary battery capacity in 742. 5Mwh, while the installed capacity of ningde era lithium iron phosphate battery is 470. The installation capacity of 91Mwh and NCM ternary battery is 774. 22 MWH. Both ternary batteries greatly exceed the installed number of lithium iron phosphate batteries.

Overall, ternary material battery shipments reached 2. 4% in April. 25GWh, accounting for 60% of the month, lithium iron phosphate battery shipments up to 1. 44GWh, 38 percent. 27%, ternary power battery has become the mainstream of current power battery shipments.

It is worth noting that from the models carrying all kinds of batteries, 85% of the ternary material batteries are used in the installed pure electric passenger cars, 10% are carried in the pure electric special cars, and the rest are installed in hybrid passenger cars. lithium iron phosphate battery, 88% of the installed pure electric bus, 10. Three percent are for pure electric passenger cars. In the weak situation of new energy passenger car market, three-yuan battery becomes the main force of power battery through the counter attack of new energy passenger car.

Ternary field will become the main battlefield of lithium battery in the future

It can be seen that byd has put aside the advantages of lithium iron phosphate and started to catch up in the field of ternary power battery. Although in the domestic lithium power battery enterprise market, byd's battery business was earlier than the ningde era. But its closed system allowed the latter to seize the market quickly.

In 2017, China produced 47 new energy passenger cars. 80,000, up more than 200,000 from the previous year. Under the trend of new energy passenger car market decline, the new energy passenger car has become the core of power battery performance growth. However, passenger cars have higher mileage requirements and are more popular with car companies than higher-energy ternary batteries.

According to the data, from January to April this year, the installed capacity of NCM ternary battery was 5. 07Gwh account for 61. 65%, ranked first, followed by lithium iron phosphate batteries at 2. The proportion of 98Gwh is 36. Its market share has shrunk to less than 40%.

Limited by the choice of lithium iron phosphate route, byd was late to follow up the ternary lithium battery, coupled with the self-marketing system, byd lost a lot of market share. With the expansion of production capacity, the ningde era began to emerge suddenly, breaking into the supply chain of domestic mainstream car companies, and taking byd down the throne by virtue of sales volume. In 2017, byd's shipments of power batteries were surpassed by ningde times.

After missing out on a market opportunity for three-yuan batteries, byd learned its lesson and began fighting back where it fell.

In a record of investor relations released on May 7, byd told institutional investors that it already sells some of its batteries and has some customers in talks.

Byd also disclosed in its investor relations activity record that by the end of 2017, the total capacity of power batteries was 16Gwh, including 6Gwh ternary battery and 10Gwh lithium iron phosphate battery. A further 10Gwh of ternary batteries will be added this year, bringing the total capacity to 26Gwh.

The spin-off of the power battery business recovered ground lost

As well as catching up on the sanyuan route, byd is also trying to capture lost ground by spinning off its power battery business.

It is understood that byd as early as last year had the plan to spin off the power battery business, and only this year began to officially prepare to spin off the power battery business to operate independently, so as to achieve the goal of supplying other new energy vehicle companies. According to shen xi, vice President of byd's lithium battery business, byd is currently working on a spin-off of its power battery business, which is not expected to be completed until late 2018 or early 2019. In 2022 to 2023, after the split of byd power battery company will be listed independently.

In fact, when ningde took nearly half of the domestic market share for power batteries, byd's shift began to have an initial impact. In April, byd won by 1. The 34GWh has regained the top spot with 35% of the total installed capacity, and byd's monthly installed capacity has surpassed CATL again after a gap of one year. CATL has broken the market share of half of the total installed capacity held by byd so far this year.

Comments: when byd is preparing to break up the power battery business to catch up, the CATL listing road has already come into being. On May 31, ningde times officially applied for purchase on the gem. As a leading enterprise in the field of power battery, ningde era is bound to accelerate the pace of expansion after it becomes the first new energy concept unicorn company to land on the gem. In the foreseeable future, the battle between byd and CATL for market share will be more fierce.

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