power battery – CRI Report

China’s Power Battery Market Shuffled in 2019

admin — Mon, 03 Jun 2019 01:14:06 +0000

In 2018, the sales value of li-ion batteries in China reached CNY 172.70 billion, increasing by 8.70% YOY; the production volume of li-ion batteries reached 124.20 billion watts, increasing by 23.10% YOY. The fast expansion of the lithium-ion market was mainly driven by the growth of power batteries for new energy vehicles. In 2018, the sales value of li-ion power batteries reached CNY 89 billion, increasing by 14.10% YOY; the production volume reached 65 billion watt-hours, increasing by 45.70% YOY. The newly installed capacity of ternary batteries was 33.10 billion watt-hours, accounting for 58.20% of the newly installed capacity of power batteries; the newly installed capacity of LFP batteries was 22.19 billion watt-hours, accounting for 39%.

China is the world’s largest lithium battery market. Rapid development has brought about many problems, which requires breakthroughs in battery safety and application of new materials. Frequent battery safety incidents have aroused great concern from the government. For example, the new subsidy policy released in 2019 slows down the improvement of battery energy density.

With lower subsidies, whole-industrial-chain cooperation is required for reducing battery production costs.On one hand, battery manufacturers need to expand production scale. On the other hand, they should raise the automation level of production lines for higher product consistency and quality. The batteries produced by Japanese and Southern Korean enterprises are of higher quality than those made by Chinese enterprises. And they also have great cost advantages. If China opens its new energy vehicle market, domestic automakers are likely to purchase batteries from abroad, which will be a great challenge to Chinese battery manufacturers.

Related reports:

https://www.cri-report.com/product/research-report-on-chinas-lithium-battery-cathode-material-industry-2019-2023/

https://www.cri-report.com/product/Research-Report-on-Chinas-Li-ion-Power-Battery-Industry-2018-2022/

https://www.cri-report.com/product/lead-acid-battery-market-in-india-2017/

https://www.cri-report.com/product/research-report-on-global-and-chinas-electric-vehicle-industries-2019-2023/

The post China’s Power Battery Market Shuffled in 2019 first appeared on CRI Report.

2019 Global Top 10 Manufacturers of Automotive Li-ion Power Batteries by Shipment Volume

admin — Sun, 28 Apr 2019 06:22:38 +0000

Statistics show that in 2018, the shipment volume of global power batteries was 106GWh, increasing by 55.20% YOY and representing a CAGR of 69.60% from 2014 to 2018.

Power batteries concentrate in China, Japan and South Korea. Before 2014, Japan had the largest shipment volume of power batteries; in 2015, China became the country with the largest shipment volume of power batteries in the world. In 2017, China accounted for 65% of the shipment volume of global power batteries. In 2018, the proportion declined. It is expected that in the next few years, Japan, South Korea and Europe each will take up a larger proportion of the shipment volume of global power batteries.

Research Report on China’s Li-ion Power Battery Industry, 2018-2022

In 2018, the production volume of global top 10 power battery manufacturers totaled 86.11GWh, accounting for 81.24% of the global total. The major power battery manufacturers are Japanese manufacturers Panasonic, Automotive Energy Supply Corporation (AESC), South Korean manufacturers Samsung SDI Co., Ltd. (SDI) and LG and Chinese manufacturers such as Contemporary Amperex Technology Co., Ltd. (CATL), BYD Company Limited (BYD), Hefei Guoxuan High-Tech Power Energy Co., Ltd. and Farasis Energy (Ganzhou) Co., Ltd. Among them, Panasonic and CATL have huge competitive strength, LG and SDI are growing rapidly and lower-ranked Chinese enterprises see great changes in rankings.

1. CATL

2. Panasonic

3. BYD

4. LG

5. SDI

6. Hefei Guoxuan High-Tech Power Energy Co., Ltd.

7. AESC

8. Farasis Energy (Ganzhou) Co., Ltd.

9. Tianjin Lishen Battery Joint-Stock Co., Ltd.

10. Shenzhen BAK Power Battery Co., Ltd.

Related reports:

Research Report on China’s Li-ion Power Battery Industry, 2018-2022

https://www.cri-report.com/product/research-report-on-chinas-li-ion-power-battery-industry-2018-2022/

Global Electric Bicycle Market Research Report – Forecast till 2023

https://www.cri-report.com/product/global-electric-bicycle-market-research-report-forecast-till-2023/

Global Lithuim Derivative Market Research Report- Forecast to 2023

https://www.cri-report.com/product/global-lithuim-derivative-market-research-report-forecast-to-2023/

The post 2019 Global Top 10 Manufacturers of Automotive Li-ion Power Batteries by Shipment Volume first appeared on CRI Report.

Analysis on Global and China’s Power Battery Markets in 2019

admin — Fri, 22 Feb 2019 07:19:40 +0000

From the perspective of development framework, the U.S. and Japan lead in the R&D of and scientific and technological innovation in power battery materials, while China, South Korea and Japan have the largest industry scales. Regarding market share, the power batteries produced by Chinese, South Korean and Japanese enterprises are provided to nearly 95% automobiles in the world, with Chinese batteries taking up a proportion of more than 60%. Concerning technological and industrial development, the U.S. and Japan are the leaders in technology, South Korea is the leader in engineering application, and China is the leader in industry scale.

Research Report on China’s Lithium Battery Separator Industry, 2018-2022

Research Report on China’s Lithium Battery Cathode Material Industry, 2019-2023

As regards to battery application, Japanese and South Korean batteries are used in hybrid electric vehicles, plug-in hybrid electric vehicles and battery electric vehicles produced by world-known automobile groups. In the aspect of battery materials, global power batteries for vehicles are mainly LMO batteries and ternary batteries (made from high-nickel NCM and NCA). Except that Contemporary Amperex Technology Co., Ltd. provides batteries to various vehicle models of international brands, China lacks powerful enterprises that can participate in international competition.

After years of policy support, power batteries for commercial vehicles (buses and special vehicles) in China have achieved stable development and differ little in materials. They will develop toward higher energy density with LFP as the mainstream material. Chinese passenger vehicle manufacturers mainly choose power batteries of domestic brands, especially ternary batteries with high energy density.

Research Report on China’s Lithium Battery Separator Industry, 2018-2022

Research Report on China’s Lithium Battery Cathode Material Industry, 2019-2023

Statistics show that in 2018, the installed capacity of power batteries for new energy vehicles in China exceeded 56.89 GWh with a YOY increase of 56.88%. The top 20 enterprises contributed 52.23 GWh or 91.80% of the total installed capacity. By battery material, the installed capacity of ternary batteries was 30.1 GWh, accounting for 58.17% and increasing by 103.71% YOY; the installed capacity of LFP batteries was 22.2 GWh, accounting for 39% and increasing by 23.51% YOY; the installed capacity of LMO batteries was 1.08 GWh, accounting for 1.90% and decreasing by 26.70% YOY; the installed capacity of LTO batteries was 0.52 GWh, accounting for 0.91% and decreasing by 8.99% YOY. By battery application, the installed capacity of power batteries for battery electric vehicles was about 53.01 GWh, increasing by 55.64% YOY; the installed capacity of power batteries for plug-in hybrid electric vehicles was about 3.82 GWh, increasing by 75.34% YOY.

Research Report on China’s Lithium Battery Separator Industry, 2018-2022

Research Report on China’s Lithium Battery Cathode Material Industry, 2019-2023

The post Analysis on Global and China’s Power Battery Markets in 2019 first appeared on CRI Report.