China's Lithium Battery Shipments Are Expected To Reach 229GWh in 2021

Benefiting from the rapid development of domestic new energy vehicles and the driving of the digital, energy storage, and small power markets, China's lithium battery new energy industry has developed rapidly. It has entered the mid-term stage of the lithium battery industry development period (2010-2030), and the market scale has grown rapidly. According to statistics from the Advanced Industrial Research Institute (GGII), China’s lithium battery shipments will be 143GWh in 2020, a year-on-year increase of 22%. In 2021, China's lithium battery shipments are expected to reach 229GWh, and the year-on-year growth rate is expected to exceed 60%. China’s lithium battery market shipments are expected to reach 611GWh in 2025, with a compound growth rate of over 25% from 2021 to 2025. As the main force in the growth of the lithium battery market, the proportion of power battery shipments for new energy vehicles has continued to increase. It is expected to increase by over 60% from 56% in 2020.

　　 Expected considerable power battery shipments, the material industry chain is already under pressure. In the first half of this year, some materials such as lithium iron phosphate, lithium hexafluorophosphate and copper foil have experienced the first round of reversal under the mismatch. The second half of the year is the peak season for production and sales. Except for lithium iron phosphate, lithium hexafluorophosphate, and copper foil, the negative electrode, The mismatch between supply and demand in the diaphragm and other links will also intensify.

　　 It is worth mentioning that China and the world after 2025 are still facing a huge gap in power battery production capacity. Head power battery companies have already planned for a rainy day and deployed tens of billions of dollars in multiple regions.

Since the beginning of this year, power battery companies including CATL, AVIC Lithium Battery, BYD, Hefei Guoxuan, Yiwei Lithium Energy, Ruipu Energy, Honeycomb Energy, Xinwangda and other power battery companies have started a new round of capacity expansion competition. Refreshing the previous record, so far the investment has exceeded 245 billion.

For materials companies, how to ensure the supply of core customers is related to the sustainable development in the next few years. For power battery companies, how to do a good job in supply chain security, while meeting the needs of car companies and end customers to reduce costs, and test their companies Leadership wisdom and strategic research and judgment.

　　As far as equipment companies are concerned, how to do a good job of delivering on time and with quality, keeping pace with the needs of power battery companies in terms of technological iteration and capacity improvement, has become an important challenge for equipment companies. At the same time, after the large-scale manufacturing of power batteries is launched, more stringent requirements are put forward in terms of production efficiency and product quality, which also tests the innovation, coordination and resilience of equipment companies.

In this context, the 2nd China New Energy and New Materials (Ningde) Summit and the 2021 14th High-tech Lithium Battery Industry Summit will be held at the R&F Wanda Realm Hotel in Ningde. The theme of this summit is "Opening a New Era of New Energy" .

The summit was co-hosted by Ningde Times, Gaogong Lithium Battery, and Ningde Municipal People’s Government, and jointly organized by the Advanced Industry Research Institute and Ningde Municipal Bureau of Industry and Information Technology. Co-organized.

　　At that time, over 500 senior leaders of the lithium battery industry chain from complete vehicles, materials, equipment, and recycling companies will discuss the latest progress and future development trends of lithium battery equipment.