Forward-looking Power Battery Industry Global Weekly No.34： Breaking into the Top 10 of Domestic Power Battery Market by Tesla Dongfeng Foreign Enterprises

Q1 Power Battery Installed Quantity Ranked Changed, Foreign Manufacturers Ranked in the Top 10.

In Q1, 2020, the domestic production and sales of new energy vehicles both fell sharply, which led to the halved installed capacity of power batteries. According to the statistics of Power Battery Monthly Database released by Hi-Tech Industry Research Institute, the total installed capacity of domestic power batteries in Q1 2020 was about 5.68GWh, down 54% year-on-year, and the installed capacity in the same period last year was about 12.32GWh.

Affected by the epidemic, the overall competition pattern of Q1 power battery will change greatly in 2020, and the ranking of TOP10 installed capacity will change greatly compared with the same period of last year.

Contemporary Amperex Technology Co., Limited and BYD still rank in the top 2 in terms of domestic installed power, but their installed power decreased by 49% and 72% respectively. The total installed capacity of the two companies is about 3.78 GWh, accounting for 69.7%. Followed by LG Chem, Panasonic, Guoxuan Hi-Tech, Yiwei Lithium Energy, AVIC Lithium Battery, Tafel, Lishen Battery and Funeng Technology.

Among them, LG Chem and Panasonic achieved a substantial increase in installed power by supporting domestic Tesla model 3 models, ranking third and fourth respectively in Q1′ s domestic installed power.

Ministry of Industry and Information Technology: Accelerate the formulation of standards in four key areas such as power batteries

On April 16th, the Ministry of Industry and Information Technology issued "Key Points for Standardization of New Energy Vehicles in 2020", pointing out that it is necessary to speed up the development of relevant key standards in the fields of complete electric vehicles, fuel cells, power batteries and charging and replacing electricity.

In March 2020, China’s power battery output totaled 4.5GWh.

On the afternoon of April 10th, 2020, Ma Xiaoli, Deputy Secretary General of China Automotive Power Battery Industry Innovation Alliance, released the monthly data of power batteries in March, 2020. In terms of output, China’s power battery output in March totaled 4.5GWh, down 45.5% year-on-year and up 396.6% quarter-on-quarter. From January to March, the cumulative sales of power batteries in China reached 7.9GWh, down 54.9% year-on-year.

Does the blade battery preparation of 10GWh indicate that BYD is selling well?

Wang Chuanfu, chairman of BYD, revealed that "blade battery" is only used in BYD pure electric vehicles, and other models have no plans for the time being. A few days ago, some media learned that BYD plans to increase the production capacity of "blade battery" to 10GWh, and all of them will be produced in its Chongqing Fudi Lithium Battery Co., Ltd. Chongqing Foday Factory was officially put into production in March this year, and the blade battery has entered the mass production state, which also means that the supply of BYD Han battery put into production and listed in June this year will not be a problem.

Contemporary Amperex Technology Co., Limited: A zero-attenuation battery has been developed that can achieve 1500 cycles.

Contemporary Amperex Technology Co., Limited said on the interactive platform that the company has developed a battery that can achieve zero attenuation within 1,500 cycles. This technology has been used in the largest lithium-ion battery energy storage power station in China, and it is expected to be applied to the field of vehicle power batteries in the future. At present, the relevant national laws and regulations stipulate that when the capacity of the power battery decays below 80%, it is necessary to forcibly recycle the power battery, and at the same time, the cycle life of the power battery must reach more than 1000 times.

The world’s largest fuel cell manufacturing base is scheduled to be completed and put into operation in Laixi by the end of this year.

On the morning of April 13th, at the site of the 21,000-square-meter FCP Sino-German Hydrogen Power Industrial Park project in Laixi, the production workshop and test center workshop have sprung up, and the main office R&D center has been capped. According to Ji Yutao, chairman of FCP Sino-German Hydrogen Power Industrial Park, the total investment of FCP Sino-German Hydrogen Power Industrial Park is 4 billion yuan, and it will be mass-produced in 2021. . It is estimated that the output value of Dehydrogen Power Company in the first phase of the project will reach 16.5 billion yuan, and the profit and tax will be more than 1 billion yuan.

Changhong Holdings invested nearly 2 billion yuan to build a new lithium battery project.

Changhong New Energy Mianyang Lithium Battery Project officially started in Changhong Smart Energy Industrial Park on April 18th. With an investment of nearly 2 billion yuan, the project is committed to developing and producing lithium-ion battery products and building a lithium-ion battery R&D and intelligent manufacturing base. Changhong Lithium Battery Project is the landing project of Changhong Sanjie in Mianyang, with an overall planned investment of 1.958 billion yuan. It is planned to be built in two phases, one of which is expected to be put into production in the second half of 2021. The second phase will be put into construction in 2022 and put into production in the second half of 2023.

Intercontinental oil and gas raised 1.36 billion yuan to invest in power batteries, energy storage batteries and other projects.

On the evening of April 15th, Intercontinental Oil&Gas disclosed the plan for non-public offering, and the total amount of funds to be raised was no more than 1.36 billion yuan, which was used for battery technology international science and technology innovation center project, high-energy density micro-battery industrialization project, high-rate fast-charging battery and 48V start-stop power supply industrialization project of new energy vehicles and repayment of loans. After this issuance, the company’s main business will increase the research and development, production and sales of new energy power batteries, micro batteries and energy storage batteries on the basis of oil and gas exploration and development, and the company’s main business will change to some extent.

Zhengwei Power Lithium Battery New Energy Industrial Base settled in Xinxiang with a total investment of over 20 billion yuan.

On April 19th, Xinxiang Municipal People’s Government and Zhengwei International Group held a signing ceremony in Zhengzhou. The two sides will jointly build a power lithium battery new energy industrial base with a total investment of more than 20 billion yuan. The first phase of the power lithium battery new energy industrial base project signed this time includes investing in Xinxiang City to build a new cathode material industrial park with an annual output of 500,000 tons of cobalt-free superlattices and a power battery industrial park with an annual output of 50Gwh. After the production, the annual sales income can be no less than 20 billion yuan, and the tax revenue can be no less than 300 million yuan.

Slack: The new energy battery shell project is about to start mass production and supply.

The new energy battery shell production line developed in slack for three years is about to enter large-scale commercial production. The announcement issued by the company on the morning of April 14th shows that slack Holding Sun Company has recently submitted a self-developed sample of 18650 battery case to its customers for testing, which has passed the verification and will soon start mass production and supply.

Meijin Energy plans to invest in the hydrogen fuel cell power system project.

Meijin Energy announced that according to the company’s strategic development plan, Shanxi Meijin Hydrogen Energy Technology Co., Ltd., a wholly-owned subsidiary of the company, plans to invest in the hydrogen fuel cell power system and hydrogen fuel commercial vehicle parts production project (Phase I and Phase I), which includes an annual output of 5,000 hydrogen fuel cell power systems, a production capacity of 500,000 KW hydrogen fuel cell stacks and related supporting facilities such as office, R&D and shared power; The investment in the first phase of the project is about 1.502 billion yuan.

GEM and ECOPRO set up NCA&NCM high nickel precursor company in Ningde.

Recently, Gemme announced that in order to further promote the cooperation between the company and South Korea’s ECOPRO Co., Ltd. in the business of NCA&NCM high-nickel precursor materials for new energy power batteries, Fuan Qingmei Energy Materials Co., Ltd., a subsidiary of the company, signed an investment memorandum of understanding (MOU) with ECOPRO on the cooperation of NCA&NCM high-nickel precursor materials for new energy power batteries. Fuan Qingmei and ECOPRO set up a joint venture company to produce NCA&NCM high nickel precursors for power batteries in Fuan Qingmei Park, Fuan City, Ningde, China.

Research progress on solid electrolyte mechanism of lithium battery

The research group of Professor Ma Cheng of China University of Science and Technology has made important discoveries in the study of ion transport mechanism of solid electrolyte in lithium batteries. A strange aperiodic mechanism was directly observed by researchers with spherical aberration correction transmission electron microscope. Although the structure is only one atomic layer thick, it can significantly affect the transmission of lithium ions, thus becoming another kind of aperiodic structure that needs close attention by researchers of solid-state lithium batteries besides grain boundaries and point defects.

Metal halide perovskite greatly improves the cycle stability of lithium battery

The reporter learned from China University of Science and Technology that Yao Hongbin of the Institute of Nuclear Chemistry and Materials cooperated with the cooperators, and made full use of the advantages of chlorine-based metal halide perovskite, such as wide band gap, good film-forming property and simple preparation, to develop a gradient lithium conducting layer based on metal halide perovskite, which realized the isolation of metal lithium cathode from electrolyte and greatly improved the cycle stability of lithium metal batteries. This achievement was published in Nature • On the newsletter.

New Asymmetric Gel Electrolyte Developed by Suzhou Institute of Nanotechnology to Assist Dendritic Metal Lithium Battery

Based on the dendrite growth mechanism, Suzhou Institute of Nanotechnology and Nano-Bionics of China Academy of Sciences designed an asymmetric gel polymer electrolyte membrane to promote the rapid transport and uniform deposition of lithium ions, which was used for metal lithium batteries without dendrite growth. After testing, the Asymmetric GPE has a high lithium ion migration number t+(0.66), which is consistent with the calculated results, and is obviously superior to the liquid electrolyte (0.34). At the same time, the Asymmetric GPE with unique pore structure shows excellent ion transport performance.

In 2020, the global market demand for lithium-ion batteries is expected to reach $44.2 billion.

According to the latest report released by Markets and Markets, the second largest market research organization in the world, the global market demand for lithium-ion batteries will reach 44.2 billion US dollars in 2020, and it is estimated that this figure will increase to 94.4 billion US dollars by 2025, with a compound annual growth rate of 16.4%. During the forecast period, the demand for electric vehicles, industrial automation-battery-supplied material handling equipment, intelligent equipment and high demand for lithium-ion batteries in other industrial applications are all promoting the rapid growth of this product.

Contemporary Amperex Technology Co., Limited raises overseas bond issuance quota.

Contemporary Amperex Technology Co., Limited, an automobile power battery enterprise, plans to substantially increase the amount of bonds issued overseas and provide guarantee for overseas bond issuance and follow-up matters. It is estimated that after the guarantee matters come into effect, the total amount of guarantee provided by Contemporary Amperex Technology Co., Limited to the holding subsidiaries will reach 31.6 billion yuan, accounting for 96.06% of the latest audited net assets. The above actions attracted the attention of Shenzhen Stock Exchange, and on April 15th, Contemporary Amperex Technology Co., Limited New Energy Technology Co., Ltd. was asked about the reasons and rationality of substantially increasing the amount of bonds issued overseas.

Tesla Supercell Day or Dried Electrode+Supercapacitor Combination

On Monday, Tesla CEO Musk said on Twitter that the upcoming investment activity day will only focus on batteries because they "have a lot to say". According to Tesla’s disclosure, Tesla will display a new generation of cobalt-free batteries developed and produced by itself on the battery conference day in North America on April 20th, and the market generally expects that the battery will be composed of supercapacitor+dry electrode technology, and it is expected to promote the energy density of the battery to 300WH/kg, and find the technical path to 500WH/kg.

Yiwei Lithium Energy’s performance in 2019 increased by 167%

On the evening of April 19th, Yiwei Lithium disclosed its 2019 annual report, with revenue of 6.412 billion yuan, up 47.35% year-on-year; The net profit was 1.522 billion yuan, a year-on-year increase of 166.69%. The company’s operating income is classified according to products, which consists of two parts. The operating income of lithium primary battery is 1.892 billion yuan, accounting for 29.51% of the operating income; Lithium-ion batteries achieved an operating income of 4.52 billion yuan, accounting for 70.49% of the operating income. Among them, lithium primary battery products contributed a high gross profit margin of 43.95%, and lithium-ion battery products contributed 23.76%.

The net profit of Ganfeng Lithium Industry, the leader of lithium battery, dropped by 96%

On the evening of 14th, Ganfeng Lithium Industry, the leading stock of lithium battery, disclosed the first quarter results forecast of 2020, saying that Ganfeng Lithium Industry was expected to make a profit of 7-10 million yuan in the first quarter, compared with a profit of 253 million yuan in the same period of last year. Ganfeng Lithium Industry said that in terms of industry, the price of lithium salt in this reporting period decreased compared with the same period of last year; The outbreak of novel coronavirus epidemic affected part of the company’s production capacity. On the other hand, the stock price of financial assets held by the company fell, which led to the loss caused by the change of fair value in this period and then affected the company’s profits.

Huachang chemical hydrogen fuel cell subsidiary plans to introduce war investment

On April 13th, Huachang Chemical announced that the net profit attributable to shareholders of listed companies in the first quarter of 2020 is expected to be 8-12 million yuan, down 80.73-87.16% year-on-year. In addition, Suzhou Huachang Energy Technology Co., Ltd., a holding subsidiary of the company, plans to introduce Jiangsu Funeng Industrial Investment Co., Ltd., a strategic investor, at the shareholder level, and Funeng Industrial will increase the capital of Huachang Energy by 15 million yuan.

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