The power lithium battery industry has entered a stage of rapid growth, and the new energy field has made rapid progress
With the rise of new energy vehicles, my country's power battery industry has entered a stage of rapid growth since 2014, with shipments increasing from 3.7GWh in 2014 to 30.5GWh in 2016, with a compound growth rate of 288%. In 2017, affected by the decline of new energy subsidies, the growth rate of power battery shipments dropped to 19%, and the annual shipments were 36.2GWh.
The data shows that by the end of 2017, the total domestic power battery production capacity reached 135GWh, and the effective production capacity was 110GWh, while the annual power battery shipment was only 36.2GWh, and the average capacity utilization rate was less than 40%. It is estimated that the capacity utilization rate of leading enterprises can reach 80%, and the capacity utilization rate of some small and medium-sized enterprises is only 10%, and the low-end production capacity is obvious. In the next two years, first-tier battery manufacturers will still put in new production capacity. It is expected that the total production capacity of power batteries will reach 206GWh and 285GWh in 2018 and 2020, respectively. The demand for power batteries in the same period will be 47GWh and 97GWh, respectively. The technology is backward and there is a lack of stable vehicle customers. of small capacity will be eliminated.
In November 2016, the Ministry of Industry and Information Technology issued the "Regulations for the Automotive Power Battery Industry" (2017) (Draft for Comment), which greatly increased the annual production capacity of lithium-ion power battery monomer enterprises from 0.2GWh to 8GWh. At present, there are only 5 enterprises. To meet the production capacity standards, according to the production expansion plans announced by various manufacturers, 14 companies will meet the production capacity standards in 2020. In 2017, the number of power battery companies declined for the first time, and the clearing effect of small production capacity was beginning to appear. In the context of falling prices and pressure on profitability, it is difficult for small and medium-sized enterprises to expand production. It is estimated that the domestic demand for power batteries will be about 100GWh in 2020, and there will be no more than 20 power battery manufacturers by then.
More than 90% of the global power battery production capacity is concentrated in China, Japan and South Korea. Japan has vigorously invested in lithium battery research since the 1990s, South Korea has followed up rapidly in the 21st century, and China has taken the lead in the past two years. Japan's Panasonic, South Korea's LG Chem, and Samsung SDI basically monopolize the supply of power batteries for mainstream car companies in Japan, South Korea, and Europe and the United States. Driven by technological improvements and policies, the sales of new energy vehicles in my country rapidly increased to 49% of the total sales of new energy vehicles in the world in 2017, driving the rapid increase in the production and sales of upstream power batteries. Among the top ten global power battery sales in 2017, domestic companies occupy seven seats, with a total global market share of 47%. Among them, CATL power battery sales volume is 11.82GWh, with a global market share of 17%, surpassing Panasonic to become the world's largest power battery manufacturer. In addition to supplying domestic OEMs, Chinese companies have begun to seek cooperation with world-class OEMs. CATL has entered the supply chain of BMW and Volkswagen, and competes directly with Japanese and Korean companies in the international market.
