In 2021, China's new energy vehicle sales, which account for the largest share of the global new energy vehicle market, will also push China's power battery installed capacity to a new high.
Recently, the latest report released by SNE Research, a South Korean market research organization, shows:
In 2021, the top ten global power battery installed capacity are: CATL Times, LG New Energy, Panasonic, BYD, SK On, Samsung SDI, Zhongxin Airlines (AVIC Lithium Battery), Guoxuan Hi-Tech, Envision Power, Honeycomb Energy, China's power battery manufacturers occupy six, accounting for 48.6% of the global installed capacity. The installed capacity exceeds that of Korean manufacturers and Japanese manufacturers combined.
Source: SNE Research
Among them, "Ning Wang" is a monopoly, winning the championship in installed capacity for five consecutive years. Last year, the global installed capacity of CATL in the field of power batteries reached 96.7GWh, with a market share of 32.6%, ranking first in the world.
China's new energy vehicle market is behind it
From the perspective of market share, the rise of China's power battery companies has robbed the share of Japanese and Korean power battery companies, and the share of LG New Energy, Panasonic and Samsung SDI in 2021 has declined to varying degrees.
Of course, this is not unrelated to the substantial growth of China's entire new energy vehicle market last year. According to data from the China Automobile Association, in 2021, the sales volume of new energy vehicles in the mainland will be 3.521 million units, an increase of 1.6 times year-on-year. In 2021, the global sales volume of new energy vehicles will reach nearly 6.5 million, and the share of the Chinese market will reach 64%.
Previously, subject to the restrictions of the "white list", Japanese and Korean power battery companies missed the opportunity for the development of China's new energy vehicle market, but at the same time, their partners in the international market are increasing.
LG New Energy's customers in the international market include Tesla, General Motors, Daimler, Peugeot Citroen, Volkswagen, Honda, Toyota, And ford. At the same time, LG New Energy has also launched a round of plans with partners to increase global production capacity, including the construction of a fourth plant with GM, and has expansion plans for the plant in Michigan, the United States, the Polish plant, and the Nanjing plant in China.
LG New Energy plans to increase the capacity of its Michigan plant by five times
Compared with LG New Energy, which occupies an advantage in the North American market, CATL has won more orders in the Chinese market, but it seems to be a little worried in the North American market. Recently, CATL denied the rumor that "the United States is seeking help from professional institutions in the United States to consult the possibility of its sanctions by the United States", and the market value of CATL era evaporated by 400 billion yuan compared with the high point.
This also reveals a dangerous signal: whether US technology sanctions will affect China's power battery field with the development of smart electric vehicles.
This also brings a hint of suspense to Chinese power battery companies, including the Ningde era, to open up the international market.
However, at present, the power battery field is still a seller's market, the domestic market high-end power battery is still in short supply, and the production capacity itself is difficult to meet even the local market.
On the other hand, China's huge new energy vehicle market has created conditions for Chinese power battery companies. It is precisely for this reason that continental power battery companies have ushered in a round of listing tide.
Great Wall Motor's Honeycomb Energy has carried out listing counseling and filing in the Jiangsu Securities Regulatory Bureau, and plans to complete the preparation of listing application documents by March this year, and China New Ventures officially launched its listing in Hong Kong at the beginning of this year, at which point, China's head power battery companies will also complete the listing.
Whether it is LG New Energy, which is planning to be listed at the beginning of the year, or the rise of China's power battery companies, they have targeted competition with the Ningde era.
For the Ningde era, which has just created a high point of net profit, the challenges faced next are getting bigger and bigger.
The Ningde era and its real rivals
Last year, from the perspective of the entire market pattern of China's power batteries, the share of lithium iron phosphate batteries is gradually increasing.
Power battery data released by the China Automotive Power Battery Industry Innovation Alliance shows that the cumulative loading volume of lithium iron phosphate batteries is 79.8GWh, accounting for 51.7% of the total installed vehicles, an increase of 227.4% year-on-year, while the growth of ternary lithium batteries is only 91.3%.
Previously, CATL also issued a pre-increase announcement for 2021 performance, and it is expected that the net profit in 2021 will be 14 billion to 16.5 billion yuan, an increase of 150.75% to 195.52% year-on-year.
Source: CATL Times Announcement
Relying on lithium iron phosphate batteries, CATL has steadily grasped more than 50% of the power battery market share in the Chinese market, coupled with the control of upstream and downstream raw materials, on the basis of cost control, ushered in the highest net profit and the largest increase in the year since listing.
Of course, Chinese power battery manufacturers are looking for new breakthrough paths.
BYD's blade batteries have identified a number of external supply schemes including FAW, Changan, and BAIC.
Many car companies began to work battery structure and safety, and GAC's magazine battery and The Great Wall's Dayu battery were born on this basis.
The latest news shows that Tesla's 4680 battery is also about to start trial production at Panasonic's factory, and it is likely to be installed on the Model Y by the end of the first quarter of this year.
With the "large battery + full polar ear" technology, the 4680 battery can not only improve energy density, production efficiency, fast charging performance, but also reduce battery costs, and has also become the object of layout for power battery companies.
Last year, Jiangqi Automobile and BAK Battery announced that they would jointly develop 4680 batteries, and Ewell Lithium Energy announced at the end of last year that it would invest in the construction of a 20GWh large cylindrical battery production line for passenger cars in Jingmen High-tech Zone.
On the one hand, it is a technology grab, on the other hand, it wants to get rid of the strong cooperation model of the ningde era, and in the past year, the partners of the NINGDE era have switched to Plan B.
For a time, the competitive goals of Japanese and Korean enterprises and Chinese enterprises pointed directly to the "King of Ning" who was on the throne.
Of course, the Ningde era did not sit back and wait to be excluded.
In the past year, it is still grabbing the upstream and downstream supply chains, releasing sodium-ion battery technology, laying out power exchanges, and also delving into 4680 batteries, as well as huge capacity planning.
Ningde era layout power exchange
Behind the rapidly developing new energy vehicle market in the world, whether it is the Ningde era, which has a stronger sense of crisis in the global installed capacity of more than 30% and China's installed capacity of more than 50%, or the competitors who are trying to break the pattern are more anxious.
All of this may be full of variables this year.