Source of this article: Times Finance Author: Liao Wei
On February 7, South Korean market research firm SNE Research released the 2021 global power battery installed capacity ranking. SNE Research data shows that the total battery power of electric vehicles registered in countries around the world in 2021 is 296.8GWh, an increase of 102.18% over the previous year.
According to the above list, the installed capacity of CATL in 2021 reached 96.7GWh, an increase of 167.13% over 2020, and its market share increased by 8 percentage points over 2020 to 32.6%, ranking first in the world.
According to times finance and economics, among the top ten power battery companies on the list, in addition to the Ningde era, BYD, SK On, Zhongxin Airlines, Guoxuan Hi-Tech, and Hive Energy last year's market share has increased compared with 2020, LG New Energy, Panasonic is regarded as the main competitors of the Ningde era, but their market share has declined to varying degrees in 2021.
In response to this phenomenon, some insiders said that the market share of the rising situation is basically Chinese-funded enterprises, their basic disk in the Chinese market, in addition to Chinese power battery manufacturers are also actively entering the supply system of international giants. According to the data of the Federation of Passenger Vehicles, in the whole year of 2021, China's new energy passenger car world share is 53%, of which 60% in the fourth quarter. Cui Dongshu, secretary general of the Association, said that China's increase in the world is mainly driven by China's new energy vehicle market to market-oriented promotion, forming a strong endogenous growth momentum.
Source | The network Ningde era once again won the first place in the world
It is reported that the Ningde era has been sitting on the throne of the world's largest power battery company for five consecutive years.
Source | Internet
According to SNE Research data, the global installed capacity of CATL in the field of power batteries reached 96.7GWh last year, with a market share of 32.6%, ranking first in the world. LG New Energy, Panasonic, BYD, SK On, Samsung SDI, China Innovation Airlines, Guoxuan Hi-Tech, Vision Power, and Hive Energy ranked second to tenth respectively.
Previously, CATL and LG New Energy and Panasonic were regarded as the first echelon, and the market share of the three in 2020 was relatively close, 24.6%, 23.4%, and 18.4%, respectively, but due to the different development speeds in 2021, CATL (32.6%) has opened up the distance with LG New Energy (20.3%) and Panasonic (12.2%).
"The domestic epidemic prevention and control is better, and the sustainable development of new energy vehicles and other industries is guaranteed." In this regard, some insiders said that the Ningde era has advantages in terms of scale and product quality, although the price is more expensive, but it can better ensure the supply of products, and the rise in market share is expected. Another new energy insider told Times Finance that in the case of tight product supply, who has the capacity and scale to ensure supply, who has market share, and the price is something that will be considered later.
The long-term tight supply of power batteries has also stimulated many power battery manufacturers to announce large-scale expansion and expansion plans. Among them, LG New Energy successfully went public on January 27, raising about 68.3 billion yuan, and plans to invest 8.85 trillion won in its battery factories in South Korea, Poland, the United States and China by 2025, increasing its production capacity by nearly twice to 400 gigawatt hours (GWh).
Source | LG New Energy
It is worth noting that although the Cataline era is still the well-deserved first in the power battery industry, the long-term and sustained shortage of power battery supply and the rapid development of the new energy automobile industry still bring many variables to the future pattern of this industry.
Some insiders said that in the context of the tight supply of power batteries and the dominance of the Ningde era, LG New Energy and other enterprises or many car companies that are not inferior in product quality and technology are also good choices for LG New Energy to achieve the goal of surpassing the Ningde era. However, people in the power battery industry told Times Finance that the price of LG new energy and other enterprises has no advantage, and domestic car companies are more willing to cooperate with the second echelon enterprises such as China New Venture aviation and Honeycomb Power, and both sides will have a relatively strong willingness and demand for cooperation.
Car companies get rid of the Ningde era?
According to media reports on January 28, xiaopeng Motors released the G9 medium and large SUV released in November last year has been determined to use Sunwoda's 4c power battery (4c battery can adapt to fast charging). Sunwoda will be a certain version of the G9 A supply, the supply share is more than 50%.
In this regard, Xiaopeng Automobile's follow-up response said, "This information is not official information, and the preparation of vehicles and the selection of suppliers are an important part of the business plan of the enterprise, and the specific information filed by the Ministry of Vehicle Industry and Information Technology shall prevail." ”
In fact, this is not the first time that Xiaopeng has introduced a new power battery supplier, and it has also been rumored to have contact with China New China New Airlines (AVIC Lithium Battery). Another insider of China Innovation Airlines told Times Finance, "We provide products (power batteries) for the whole series of Xiaopeng, some are two supplies, and some are more supplied."
According to SNE Research data, with the cooperation of some car companies, The installed capacity of China Innovation Aviation achieved a growth rate of 132% in 2021, and its market share increased from 2.3% in 2020 to 2.7%. Liu Jingyu, chairman of China Innovation Airlines, once said that China Innovation Airlines has completed the joint-stock system transformation and plans to land on the capital market. According to industry expectations, China Innovation Airlines may successfully list on Hong Kong stocks during the year.
It is worth noting that not only China Innovation Airlines, Sunwoda, Honeycomb Energy, Guoxuan Hi-Tech and other power battery manufacturers have gradually entered the supply system of some mainstream car companies, and they are forming a siege on "Ning Wang".
A veteran of the power battery industry told Times Finance that technically speaking, the Ningde era has no obvious advantages over other power battery factories, but its manufacturing process level, quality control and extremely low defect rate are far from being comparable to other opponents. Previously, the successive investments in the industrial chain of the Ningde era helped it obtain a strong cost control ability.
"In the short term, the Ningde era will still be a supply for most car companies, although many car companies are currently supporting new power battery manufacturers, but more out of the game with power battery companies and supply chain management considerations." The above-mentioned person analyzed it. According to media reports, in response to the inclusion of more power battery manufacturers in the supply system, the relevant person in charge of Xiaopeng responded that "the supply chain of parts and components produced by vehicles needs to be continuously improved in order to better ensure supply and production and predict the delivery cycle more accurately."
The company's expansion plan takes a long time from announcement to formal production, and in the short term, it is difficult to have a rival in the Ningde era. According to the performance forecast recently released by CATL, it is expected that the net profit in 2021 will be 14 billion yuan - 16.5 billion yuan, an increase of 150.75% - 195.52% year-on-year, breaking the company's highest profit record since its listing.
As of the close of trading on February 8, CATL fell to close 6.66%, with a stock price of 540.86 yuan per share, with a total market value of 2.26 trillion yuan, ranking 5th in A-shares.