Interview with Ningbo Jinhe: we want to be the world's NO.1 on ternary materials

China electric car major project of science and technology research and development began in 2001, after two five-year plans of science and technology research as well as the Olympic Games, world expo, "ten city thousand vehicles" demonstration platform of application, the electric car started from scratch, technology is in a state of continuous improvement. Electric vehicle technology to progress power battery put forward higher requirements, the technological progress of anode materials, a key material affecting the performance of power batteries, is becoming more and more important.

One of the largest ternary material shipments of the anode materials enterprises, Ningbo Jinhe lithium -ion battery material co., LTD. (hereinafter referred to as Ningbo Jinhe lithium electricity) is facing another opportunity. It should be pointed out that, Ningbo Jinhe lithium electricity controlling from the investment, it is one specialized is engaged in mergers and acquisitions and consolidation of the investment holding company, through innovation investment + industry business model, to be merger and acquisition of enterprises reorganization to improve, through the enterprise merger between absorption, make more optimal allocation of resources and create value.

When accepting a reporter to interview, Ningbo Jinhe lithium electricity marketing director Kai Zhao said that by 2021, the world's ternary positive pole material demand will reach 500000 tons, "we need to do the world's first, reached 30% of the global market. That is 13 to 150000 tons."

High nickel ternary material will gradually open the market

Earlier this year, director-general of the department of ministry of machinery industry a picture of wooden made it clear that suspended the ternary lithium battery passenger car in a new energy automobile application recommended models directory. The news caused controversy at the time. In recently, the ministry of industry in the new energy automotive safety supervision work conference pointed out that since January 1, 2017, in the back after the third party inspection report, the ternary battery passenger cars can be a new application of the new energy automobile application recommended catalogue of models. This statement was interpreted as the ternary lithium battery application in passenger cars since January 1, 2017 will be released.

In fact, in the field of the anode materials, ternary and the technical route of the lithium iron phosphate on the controversy has gradually clear, under the existing battery design system, the positive use of the lithium iron phosphate power battery energy density can't achieve the goal of 300wh/kg, ternary material in terms of energy density than lithium iron phosphate bigger advantage, may achieve the goal of 300wh/kg.

"Now the application of ternary in the car in the car battery is very common, Tesla does not say, just say at home, such as many cars in Beijing ternary battery". Zhao Kai tells a reporter, "Security is a very complicated problem, not to say that a certain material can solve, this is need to solve the battery system. Ternary material to replace the lithium iron phosphate will be irreversible."

Zhao Kai said that the current domestic power battery mainly use NCM111 and NCM523 materials, but high nickel ternary material proportion continue to rise, in 2016 the domestic high nickel ternary material (NCM622, NCM811, NCA) in ternary material has accounted for more than 6% of total output. Ningbo Jinhe lithium electricity high nickel products NCM811, NCA has started to mass production.

"Ningbo Jinhe is the earliest domestic enterprises" batch production NCM811, Zhao Kai added, because in the earlier, Ningbo Jinhe lithium-ion battery can batch as early as 2012, but until this year the market gradually.

The reporter understands, at present, Ningbo Jinhe lithium electricity positive materials annual capacity 10000 tons/year, plans by 2021 to reach 2021 tons/year. Zhao Kai said, at present the main production base in Yuyao Ningbo. In Ezhou Hubei planning of 20000 tons of production capacity, in the first half of next year will also reaches producing 7000 tons. By 2018, annual output can reach 20000 tons, at present has started construction. In addition in Zunyi Guizhou, plans to invest 3.6 billion Yuan to build capacity of 100000 tons of production base.

Zhao Kai pointed out that currently the Ningbo Jinhe lithium electricity nickel ternary material annual capacity of 800 tons/year. Expansion of production capacity in Hubei province is high nickel ternary material. He admitted that the current high nickel ternary material shipments are still small, the market is not fully open, is expected in the next few years will gradually broke out, and will be the first outbreak in cylindrical market.

Consolidation trend is obvious

On November 22, draft issued by the ministry of industry and the automobile power battery industry standard conditions (2017), will improve the threshold power battery enterprises. In the new version of the "draft", Lithium ion power battery monomer enterprises annual capacity from two years ago old condition, the automobile power battery industry norms of "not less than 200 million watt hour" changed to "not less than 8 billion watt hour", 40 times the rise in sparked a sigh.

Kai Zhao said that any industry is a development by decentralized to centralized, and concentration has two ways, one is the natural competition, eliminated the weaker enterprises, and able to survive the growing of the enterprise. Another way is introduced some capacity specification, set a certain threshold, such a way will accelerate industry consolidation. Free competition to stay, he thought, the enterprise more energetic, more conducive to China's batteries enterprises with international competition.

Kai Zhao told reporters that the current industry of the anode materials already has more than 200 enterprises, and do the ternary system also has dozens of, but the true power of less than 10.

Reporter noticed that at present, controlling capacity investment has in addition to Ningbo Jinhe lithium -ion battery, and Beijing Rongbai new energy investment management co., LTD., the world energy co., LTD (Korea), EMT (South Korea), Shanghai Rongbai new energy investment enterprise (limited partnership), Hubei Rongbai lithium-ion battery material co., LTD., six subsidiary, and participation Town Mining Resource Co., Ltd (South Korea). Rongbai investment has a complete recycling industry chain from waste recovery to precursor and cathode materials.

It is important to note that on December 1, the ministry issued the new energy vehicle power battery recycling management interim measures (draft) ", the management of the whole life Cycle of power battery and request a detailed regulation, and proposes the corresponding rewards and punishment measures.

Kai Zhao introduces to the reporter, at present, the company involved in the recovery, recycling mainly focus on the waste battery anode materials including cobalt acid lithium, lithium manganese acid, ternary material waste anode material, the company for the recycling waste battery anode materials, turn it into raw material. In addition, the Ningbo Jinhe lithium-ion battery is also planning to extend battery and dismantling.

"With more and more power batteries, this quantity will also be larger and larger, which should be a relatively high profit area in the whole industry, and we also attach great importance to it.” Kai Zhao said.

The page contains the contents of the machine translation.