Briefly describe the current development of power batteries

In recent years, new energy has become an important flow of capital, and the market growth space and development opportunities of the power battery industry are also regarded as one of the outlets. While the power battery market frequently greets the warm-up season, with the improvement of the demand for high-performance, high-quality, cost-effective power batteries in the consumer market, improving the intelligent manufacturing level of power batteries has become a key task for the development of power batteries in China.

From fifteenth to thirteenth Five year, new energy vehicles are gradually moving towards a path of rapid development. And how many new energy vehicles will have their power batteries. When China's new energy vehicle market continues to expand, the power battery that is the "heart" of new energy vehicles is standing above the wind.

Driven by the heat of new energy electric vehicles, batteries have also become a hot investment target. In the past year, investment in the power battery industry is still hot.

According to incomplete statistics, in 2017, China's new energy vehicle power battery total capacity exceeded 37 billion watt-hours, once again becoming the world's largest power battery application market. There are as many as 100 investment projects related to domestic power batteries, with a total investment of more than 200 billion Yuan. At the same time, compared with the direct use of resource recovery, the maximum value of decommissioned power batteries is applied in the use of ladders, such as energy storage, small mobility tools, etc. This market has a large demand for decommissioned power batteries, and there is a great market for mining.

According to industry insiders, whether it is a business or a local government, vying to enter the power battery industry is optimistic about its market prospects and related policies to support the development of the power battery industry. According to estimates, when the annual sales volume of electric vehicles reaches 10 million, the industrial chain will reach a trillion Yuan, and the demand for power batteries is expected to be 500GWh. In 2020, China's automotive power lithium battery production will reach 141GWh, which is equivalent to the next three years, the automotive power battery capacity will nearly five times.

Even in 2017, when the government subsidies for new energy vehicles have fallen sharply, car companies have pushed down the price of power batteries, and raw materials have risen sharply, the pace of capacity expansion of battery companies has not stopped. On the one hand, cost reduction has become the trend of the times, and the price reduction pressure is gradually transmitted to the upstream, and the power battery has gradually changed from a profiteering industry to a low-profit industry. On the other hand, the core of the expansion of power batteries, the core driving force is the explosion of new energy vehicle sales, but the capacity expansion rate of batteries far exceeds the growth rate of new energy vehicles.

The market cake is getting bigger and the competition is getting more intense. In the long run, the installed capacity of power batteries continues to increase, the concentration of the industry continues to increase, and the power battery market is characterized by strong and strong, and industry reshuffle is inevitable. From the authoritative media reports recently, in 2015, there were nearly 468 power battery supporting companies, more than 200 in 2016, and less than 100 in 2017. By 2018, there will be fewer than 50 power battery companies. Enterprises with larger capacity expansion plans are mainly the top five companies with the largest installed capacity of power batteries, and they have already gained certain recognition in the market.

Under the new policy situation, the actual demand for further increase of system energy density has made the requirements of new energy vehicle manufacturers to upgrade the technology of power battery enterprises more urgent. The industry believes that the ultimate competitiveness is the high-quality products can not only increase the supplier's right to speak in the transaction, but also reduce production costs and expand profit margins. Affected by the new energy subsidy new policy, the ternary lithium battery with higher energy density has ushered in explosive growth this year, and its application in the field of power batteries has become main stream.

However, the future prospects of power batteries are still very optimistic. The market share will be concentrated in large enterprises, which will push the industry's R&D strength, market share, scale application and management level into a new stage. The top-level policy of the implementation of the double-points policy and the ban on the sale of fuel vehicles on the agenda has made the industry see the country’s firm determination to develop new energy sources and spread hope for the power battery. It is expected that the demand for power lithium batteries in the future will maintain rapid growth with the growth of demand for new energy vehicles. During this period, enterprises should also actively change the development mode: from capacity expansion to quality improvement and efficiency, take the road of differentiation and high-end development.

The page contains the contents of the machine translation.