Electronics

According to import and export data, in September, the installed capacity of global power batteries maintained a high growth rate. Among the top ten power battery enterprises in the world, China's power battery enterprises account for 60%. Industry insiders said that Chinese power battery enterprises will continue to lead the world with their leading technical advantages and strong market competitiveness.

Significant increase in installed capacity in September

According to import and export data, in September this year, the installed capacity of electric vehicle power batteries in the world was 54.7 GWh, maintaining a rapid growth trend. From January to September this year, the installed capacity of electric vehicle power battery in the world was 341.3GWh, with a year-on-year growth of 75.2%.

Specifically, in September this year, the top ten companies in the world in terms of installed capacity of power batteries were Ningde Times, LG New Energy, BYD, Panasonic, SK On, Samsung SDI, China Innovation Airlines, Guoxuan Hi Tech, Xinwangda, and Yiwei Lithium Energy, with installed capacity of 19.9 GWh, 8.8 GWh, 7.3GWh, 3.5 GWh, 2.8 GWh, 2.4 GWh, 2 GWh, 1.6 GWh, 1 GWh, and 0.7 GWh, respectively, with market share of 36.3%, 16%, 13.3%, 6.5%, 5.1%, 4.4%, 3.7%, 2.9%, and 1.8%, respectively 1.3%。 According to the import and export data, the top ten enterprises in the world in terms of installed capacity of power batteries from January to September this year were Ningde Times, LG New Energy, BYD, Panasonic, SK On, Samsung SDI, China Innovation Airlines, Guoxuan Hi Tech, Xinwangda, Honeycomb Energy, with installed capacity of 119.8GWh, 48.1GWh, 43.6GWh, 27.8GWh, 21.2GWh, 16.6GWh, 13.7GWh, 9.9GWh, 5.9GWh, 4.5GWh, respectively, accounting for 35.1%, 14.1%, 12.8%, 8.1%, 6.2%, 4.9% 4%、2.9%、1.7%、1.3%。

The global power battery market has strong demand, and the installed capacity continues to rise. Industry insiders said that the new energy vehicle industry has developed rapidly and the power battery market has broad prospects. Domestic enterprises master advanced power battery technology, have a complete industrial chain, and will continue to maintain a strong competitive advantage.

Enterprises actively expand production

According to the import and export data, in September 2022, the production and sales of new energy vehicles in China will reach 755000 and 708000 respectively, up 9.3% and 6.2% month on month, 1.1 times and 93.9% year on year. At the same time, the penetration rate of new energy vehicles has been further improved.

The booming new energy vehicle market has greatly increased the demand for power batteries. In order to meet the market demand, relevant industrial chain companies have launched expansion plans.

Ningde Times has previously announced that the company plans to invest in the construction of Luoyang new energy battery production base project in Yibin District, Luoyang City, Henan Province, to further promote business development, meet market demand and improve the capacity layout. The total investment of the project does not exceed 14 billion yuan.

Ningde Times said that with the rapid development of the global new energy industry, the shipment of power batteries and energy storage batteries will enter the "TWh" era in the next few years. In order to seize the historical opportunity of the rapid development of the new energy industry, meet the needs of the company's future business development and market expansion, and ensure the timely performance and delivery of customer orders, the company plans to build capacity accordingly, and further improve the layout of the production base. The company will rely on Luoyang's industrial foundation and regional advantages to promote cooperation with Luoyang in the fields of new energy battery research and development, new energy industry ecological construction and new energy technology application, so as to further enhance the company's core competitiveness.

According to the import and export data, Guoxuan High Tech recently announced that it plans to build a power battery project with an annual output of 20GWh in Hefei, Anhui Province and a power battery base project with an annual output of 10GWh in Liuzhou, Guangxi Province. The total investment of these two projects reached 11.5 billion yuan. Guoxuan High Tech said that the company is committed to becoming a leading lithium battery supplier in the world. This investment will help the company better seize the power battery market opportunity, further expand the capacity scale, enrich the product structure, improve the capacity layout, enhance the comprehensive competitiveness, and meet the needs of the company's future business development and market expansion.

At the end of September this year, Yiwei Lithium Energy announced that it plans to invest in the construction of energy storage and power battery projects in Shenyang, Liaoning. The planned capacity of the project is 40GWh, and the total investment is expected to be 10 billion yuan, which will be constructed in two phases. Among them, the Phase I project investment is 5 billion yuan (fixed asset investment is 4 billion yuan), and the construction of 20GWh energy storage and power battery intelligent manufacturing plant and supporting facilities. Yiwei Lithium Energy said that it will further expand the capacity scale, optimize the company's industrial structure, and enhance the company's influence and comprehensive competitiveness in the new energy industry.