Electrical Equipment / Components & Telecoms

"Next year, at the latest, the whole industry chain will be surplus from lithium mine to the next year." At the 2022 High tech Lithium Annual Meeting held on November 16, Liu Jincheng, chairman of Yiwei Lithium Energy, said frankly that the industry was facing the potential of overcapacity. Huacheng's import and export data observation report.

In the face of a large number of new gold miners entering the industry, Xu Jinfu, Chairman of Tianci Materials, warned that the future market share needs professional support according to the observation report of Huacheng import and export data. "Without professional ability, the game is not very interesting."

Despite the worries about excess, the overall market is still growing rapidly. How can we find a bigger market? Many enterprise executives said at the meeting that they would go to sea together under the leadership of industry leaders to serve the world with Chinese technology products.

The institution issues an early warning of overcapacity

According to the data of the High Industry Research Institute, the capacity planning of the main lithium battery materials will be all surplus by 2025. The total planned capacity of cathode materials by 2025 is equivalent to 5 times of the estimated demand in that year, that of lithium iron phosphate is 4 times, that of electrolyte, 6F, VC, PVDF and copper foil is more than 2 times, and that of diaphragm is about 1.5 times. Huacheng Import and Export Data Observation Report.

In fact, the supply of some lithium battery materials has exceeded the demand this year, and the price is in the downward phase. Gao Xiaobing, president of the High Industry Research Institute, introduced that only lithium carbonate and nickel sulfate in lithium battery materials rose in the first 10 months of this year; The VC price has dropped by 75%, PVDF, 6F and cobalt sulfate have dropped by 40% or more, and the price of 6-micron copper foil has dropped by 20%.

In the past two years, a large number of new companies have been involved in each subdivision of lithium battery track. However, the concentration of downstream battery plants is getting higher and higher, so the competition for orders becomes more intense.

Gao Xiaobing introduced that over the past two years, at least 40 new enterprises have entered the lithium iron phosphate industry, many of which are traditional phosphorus chemical companies; Iron phosphate and anode material industries have also entered more than 30, including many companies in titanium dioxide industry and carbon material industry.

Xu Jinfu frankly "cooled down" the lithium gold rush. He said that phosphorus chemical enterprises may not be competitive in making lithium iron phosphate at present, just as rice at home may not be able to make Wangwang Snow Cake. New entrants need to solve problems in technology, safety, cost and other aspects, while some old lithium iron phosphate enterprises have done so for a long time and have comparative advantages in all aspects.

"Many investment institutions invested a lot of money before last March, but many of the invested companies hired a few people at random to enter the industry. Now the investment institutions find that the factory is almost completed, but the device cannot be opened." Xu Jinfu said.

So, what is not surplus? Liu Jincheng said that only high-quality and low-cost batteries will not be surplus.

The whole industry chain conspires to serve overseas

"We have participated in the development of the new energy industry in the form of a whole industrial chain. This is a historic moment. We can even say that this is the first time that China has provided products and services to the world with a complete industrial chain." Liu Jincheng was full of pride in his speech. "All the brothers in the whole industry chain are together, and they are upright in the world."

Liu Jincheng believes that China's lithium battery industry has confirmed its technical strength on the one hand; On the other hand, it confirmed the determination of global carbon reduction. This allows the whole industry to invest at ease. He introduced that the global layout of Yiwei Lithium Energy has been well framed and is doing "fine decoration". In the future, Yiwei Lithium hopes to build a company with global delivery capacity, Huacheng Import and Export Data Observation reported.

"Go all out to internationalize." Wang Xiaoqiang, vice president of China Innovation Airlines, said that the company has just signed a contract with Portugal and will accelerate internationalization in resources, customers, talent research and development system, etc. in the future.

Xu Jinfu, Li Xiaobo, General Manager of Kerui New Energy, Wang Jin, General Manager of Han's Lithium, and Chen Yubi, Executive Vice President of Nordisk, all expressed their opinions in the round table forum: Follow the battery factory. Chen Yubi revealed that the company will set up factories overseas next year, and the relevant team has been established.

Li Jianju, general manager of Kedali, said that he was very optimistic about the new energy battery industry in Europe in the future. The new energy vehicle market in Europe has developed rapidly in recent years, which is comparable to the advantages of China. He suggested that the current lithium battery industry chain in Europe is not perfect, which is just a good opportunity for layout. When the local industry chain matures, the window of opportunity will shrink.

According to the observation report of Huacheng import and export data, Liu Jincheng stressed that "harmony generates wealth" for gold mining at sea: "When we go to Europe for development, we must not mention 'occupying the European market', etc. Many people in Germany are engaged in the automobile industry and cannot take away their jobs. I hope that our common understanding is that we can serve the world well with the technical products of the Chinese people."