Report: Power Battery Market Data for the First Quarter of 2017 (Association Statistics)

Shakespeare has a famous saying: "All the past is a prologue." Affected by multiple factors such as policy, market, capital, technology, etc., there are still large variables in the power battery industry in 2017, which has been evident in the past quarter. But it is undeniable that the power battery market is still promising.

Recently, the Research Department of the Power Battery Application Branch of the China Chemical and Physical Power Industry Association (referred to as the “Power Battery Application Branch”), the “New Energy Power Battery Industry Analysis Report for the First Quarter of 2017” has been issued for internal reference use by member companies. . Now, Battery China Network will use a series of numbers to bring you a wonderful moment in the domestic first quarter power battery market.

First, the output is 4787.09MWh

According to the output of nearly 50 mainstream lithium battery companies in China, the cumulative output of power batteries in January-March 2017 was 4478.09MWh.

From the perspective of different materials, the cumulative output of lithium iron phosphate battery in the first quarter of 2017 was 2398.64MWh, accounting for 52.74% of the market share; the cumulative output of ternary battery was 1792.04MWh, accounting for 39.54%; and lithium manganate, lithium titanate, etc. Other materials have a smaller battery yield. This is consistent with the survey data of 43 power battery companies in the past month: the ternary battery will be the trend of battery technology development, and the proportion of enterprises involved in ternary batteries will also increase. However, the lithium iron phosphate battery will not be awkward. Under the constant impact of other materials such as lithium titanate, the future power battery market is still changing.

Second, the shipment volume of 3703.27MWh

The cumulative shipment of power batteries from January to March 2017 was 3703.27 MWh. Among them, because the output of new energy vehicles in March showed a significant increase, from 15,962 vehicles in February to 27,722 vehicles in March, the power battery shipments in the month increased significantly to 2103.6MWh, an increase of 291.82%.

Although for the traditional car market, the New Year has always been the "off season" of new energy car sales. Just like in 2016, sales in January and February were equally unsatisfactory. However, new energy vehicles have risen to the level of national strategy. The national trend of encouraging new energy development will not change, so the performance of the new energy market in the future is still worth looking forward to, and the market demand for power batteries will continue to expand!

Third, the export value of 25,325,357 yuan

In terms of efficiency, in the first quarter of 2017, the cumulative sales revenue of 30 domestic and above-scale power battery companies was 596,419,500 yuan. Among them, the cumulative export delivery value was 25,325,537,700 yuan, accounting for 42% of the total sales. We have reason to believe that with the continuous advancement of the “One Belt, One Road” national strategy and the in-depth cultivation of domestic power battery brands, China’s power battery will definitely drive the global new energy industry’s rolling giants!

Fourth, the average annual growth rate is over 50%

Under the general trend of China's macro economy entering a new normal, the integration of the lithium-ion battery industry is continuing. Only those manufacturers with strong technical accumulation, sufficient financial support, changing market positioning and rapid response to the market can compete in the future market. The competition took the lead and won the market.

It is expected that the 3C consumer electronics market will become saturated in the next five years, and the average annual growth rate of lithium batteries will shrink to around 20%. However, the annual average growth rate of lithium-ion battery market for new energy vehicles will reach more than 50%, and the average annual growth rate of lithium-ion battery market for energy storage will reach more than 20%.

  V. New investment of 48.514 billion yuan

As the world's largest new energy vehicle market, China provides an excellent stage for the innovation and development of local power batteries. In the era of global procurement, China's power battery industry is also expected to take the lead in entering the global supply chain and the birth of the global leader. From the perspective of the first quarter results, the turnover of enterprises has basically shown an upward trend. For example, the company's performance in 2017 was very prominent. In the first quarter, its turnover reached 2.783 billion yuan, a year-on-year increase of 3615.27%.

This tempting "cake" has also triggered a boom in the power battery industry. Rejected incomplete statistics, in the first quarter of 2017, a total of 25 companies involved in the construction and expansion of power batteries, the investment amount reached 48.514 billion yuan.

Sixty, 80%+

From the perspective of enterprises, the total output of the top ten domestic power battery production in the first quarter of 2017 was 3,975.51 MWh, accounting for over 80%. The top three companies' output in the first quarter was 1614MWh, accounting for 33.72%; 569MWh, accounting for 11.89%; 517.57MWh, accounting for 10.81%.

It can be seen that in 2017, the concentration of the lithium battery industry has been rapidly improved, and the industry integration trend is becoming more and more obvious. The industry giants are moving frequently in improving quality and expanding high-end production capacity, relying on “scale advantage + technology advantage + industry chain Cooperation will take it to the next level, and the "oligarch era" will come.

Seven, market supply and demand 180GWh VS 34.18GWh

The growth rate of the new energy automobile industry is expected to reach 800,000 domestic production and sales in 2017. The market will continue to grow, and the demand for lithium battery will be greatly increased. The demand for power battery is expected to increase to 34.18GWh. According to the battery China network statistics, in 2017 China's power battery capacity will be as high as 180GWh.

As the Minister of Industry and Information Technology, Miao Wei said at the beginning of this year, the new energy automobile industry is still in the initial stage of development, "going against the water, not going back." At present, the structural overcapacity of power batteries has intensified. There are indications that in 2017, the “shuffle mode” caused by multiple drivers will be opened, and 90% of enterprises will be out. Of course, the power battery industry will also bid farewell to the "barbaric growth" period of mud and sand.

Summary: The rapid expansion of the new energy vehicle market has led to a surge in demand for lithium-ion power batteries, and power batteries have gradually become the dominant force in the growth of the lithium-ion battery industry. At the same time, the industry financial market is extremely active, and major companies have laid out the lithium-ion battery industry, and the industry has accelerated the pace of expansion. In 2017, the power battery industry will continue its momentum of rapid development in the first quarter.

Bacon also has a saying: "The golden age is in front of us, not behind us." For power battery companies, this is a big competition for comprehensive strength, influence and resource integration capabilities, and also a new opportunity for enterprises to embrace the industry chain. tuyere. China's new energy vehicle industry, which carries the mission of China's auto industry cornering overtaking, will also realize its dream and surpass the future with the innovation and enhancement of the core technology of power battery.

Note: This report has conducted detailed research and analysis on the market supply and demand, technology routes, revenue status of listed companies and the global new energy vehicle market in China's power battery industry in the first quarter of 2017. Battery China Network hopes to provide the most accurate and most valuable report for corporate decision makers, investment institutions and those who want to understand China's power battery industry through actual investigation and research. If you have any questions about the contents of the report and the request for the report, please contact the Research Department of the Power Battery Application Branch directly. Thank you!

Contact: Yang Haiyan

Contact number, 15808083211