What are the auto power lithium battery subsidy policies?

Lithium battery industry, known as the "heart" of new energy vehicles, is expected to embrace favorable opportunities of financial and other supportive policies. On November 13, 2014, the second international summit of lithium electric new energy industry in China was held at BBS. 400 enterprises and 700 industry representatives attended the meeting, which was known as the DAVOS summit of lithium electric industry. Reporters learned from the meeting that it is urgent to accelerate the development of lithium battery based power battery. We must increase policy support, strengthen technological and business model innovation and promote the popularization of new energy vehicles in China.

According to the national 863 electric vehicle related experts revealed that only support new energy automobile enterprises is not enough, the state department is also considering the introduction of support subsidies for lithium battery power related policies and measures, in order to stimulate the maturity of the new energy automobile market.

It was revealed that in the first half of 2014, lithium ion battery industry in China (including battery, anode materials, membrane, electrolyte and special equipment, etc.) output is close to 40 billion Yuan, the industrial structure and application of new technology appear constantly new luminescent spot, while the second half of the domestic lithium ion battery and key materials production was stable in high growth, industry annual output is expected to exceed 90 billion Yuan. In 2013, the figure was 50 billion Yuan, an explosive growth trend.

Experts introduced that the rapid growth of lithium battery industry in China is driven by the market demand for new energy vehicles. According to the latest statistics from the ministry of industry and information technology, 47,000 new energy vehicles were sold in China from January to October 2014, and the annual sales are expected to reach 60,000-70,000 vehicles, an increase of four times compared with the same period last year. By 2015, the sales volume is expected to reach 250,000 vehicles, doubling for two consecutive years. For lithium battery listed companies, the growth of smart phones has slowed, and orders from the new energy vehicle sector will become the strongest growth momentum.

In fact, at present China's new energy vehicles and power battery industry are in a critical period of development, is facing unprecedented opportunities, also faces many risks and challenges. Since 2014, ATL, LG, etc., Japan and South Korea batteries are already at home, and the battery enterprises in our country is still in the stage small scattered, low level repeated construction, and Tesla has supply of Japanese and Korean battery giant gap is widening. For a long time, the development of power battery industry become a problem restricting the development of new energy automobile industry in our country, also won the government as the high-level attention.

In September 2014, vice premier Ma Kai of the state council stressed the need to strengthen policy support, accelerate the research and introduction of relevant policies and regulations, and further strengthen fiscal, tax, financial and industrial policy support when investigating the development and production of power batteries in Tianjin. We will strengthen industry regulation and guidance, encourage mergers and reorganizations of enterprises, expand and strengthen competitive enterprises, and promote sustained and sound development of the industry.

In terms of the company, DongYuan Electriccal plans to be backed by GuoXuan high-tech to transform to produce lithium ion power battery. GuoXuan high-tech accounts for about 20% of the domestic lithium battery market share. In the first half of 2014, the company's shipments of dynamic lithium battery were about 0.11GWh, ranking the third in the country. Since the beginning of the year, the company has issued 64 patent statements, making it the only "pure" power lithium battery enterprise in China. It is reported that after backdoor listing, the company is expanding production capacity, developing the national market, and going internationalization. WanXiang group, the major shareholder of WanXiangQianChao also has large production capacity of lithium battery. Its core customers include Haima, Kangdi and Dongfeng automobile, etc.

The page contains the contents of the machine translation.