Development Status of Lithium Ion Batteries for Vehicle Power in China in 2015
According to the data, the total demand for lithium-ion batteries in China reached 35,200,360 kWh in 2015, up 79.08% year-on-year, and the global market share reached a new high of 39.64%, up more than 10 percentage points from 2014. Among them, the demand for lithium-ion batteries in the rapidly developing new energy automotive market in China is as high as 16.0406 million kWh (excluding the demand for batteries from imported vehicles), increasing by 300% year-on-year, accounting for 45.57% of the total demand for lithium-ion batteries in the Chinese market, more than doubling from 21.42% in 2014.
More than three-quarters of the increase in demand for lithium-ion batteries in China in 2015 was created by the new energy automobile market. In 2015, 64.09% of the global demand for lithium-ion batteries for automotive power was contributed by the Chinese market. Statistics from the Ministry of Industry and Information Technology show that 379,018 new energy vehicles were produced by Chinese automotive enterprises in 2015. After deducting the vehicles without lithium ion batteries (mainly lead-acid batteries, nickel-hydrogen batteries, supercapacitors) and fuel cell vehicles, 355,891 vehicles remained. Among them, 137,621 pure electric passenger cars and 3.5317 million kWh lithium-ion batteries are required; 63,048 plug-in hybrid electric passenger cars and 90.21 million kWh lithium-ion batteries are required; 85,517 pure electric passenger cars and 9.2617 million kWh lithium-ion batteries are required; 23,770 plug-in hybrid electric passenger cars and 635,500 kWh lithium-ion batteries are required. 45,935 pure electric vehicles and 170.96 million kWh lithium-ion batteries are required.
The new energy automobile market has become the main driving force for the rapid development of lithium power industry in China, and the main reason for the great leap forward of the new energy automobile market is the high subsidies policy of the Chinese government. The total subsidies of the two levels of government (central + local) for some models even cover the total cost of the vehicles. For example, for a 6-8m pure electric bus, the total subsidy of the two-level government can reach 600,000 yuan per vehicle, and the total cost of the vehicle can not exceed 500,000 yuan per vehicle; for a A00 class mini-pure electric passenger car with a range of 150 km or more, the maximum subsidy of the two-level government can reach 70,000 yuan per vehicle, and the total cost of the vehicle is almost 70,000 yuan per vehicle. In terms of these two types of new energy vehicles, the government is actually the ultimate buyer. In the total sales of domestic new energy vehicles in 2015, the sales of these two types of vehicles accounted for a high proportion of 40%.
The price level of power batteries in China's new energy automobile market in 2015: the price of battery products is about 1,600 yuan/kWh, right (cost is about 1,200 yuan/kWh), and the price of battery packs is mostly between 2,400-2,500 yuan/kWh (cost is about 1,800-1,900 yuan/kWh).
Corresponding to the rapid development of the market, the industry is also developing at a high speed. In our impression, before the 2008 Beijing Olympic Games, only CITIC UNITA Guli Wanxiang were engaged in the development of lithium-ion battery technology for automotive power. After the successful trial run of 50 electric buses for the Beijing Olympic Games, the Ministry of Science and Technology launched the "Yucheng 1000" plan in early 2009, and the country began to attach importance to the development of new energy vehicles. Later, the number of battery companies developing the lithium-ion battery market for automotive power began to increase, and began to explode after 2013. The number of power battery suppliers in China's new energy automobile market in 2015 is as high as 120 (including a small number of module suppliers), while there are no more than 10 overseas markets. China is obviously overheated. Although there are many suppliers of lithium-ion batteries for automotive power, the market is still relatively concentrated in the hands of a few manufacturers. As shown in Figure 2, the total market share of 12 battery manufacturers in Figure 2 is more than 70%, of which BYD, CATL, Tianjin Lishen, Guoxuan Gaoke Yuewatma have a total market share of more than 50%. Decentralized but also centralized, this is the biggest feature of China's automotive power lithium-ion battery market in 2015.
With a market share of 18.22%, BYD Battery became the largest supplier of lithium-ion batteries for automotive power in China in 2015 with a supply of 29224,000 kWh, mainly supplying BYD automobiles and their affiliated enterprises (BYD-Daimlerbi Tianjin Bus). CATL takes the second place with 1.716 million kWh. More than 90% of its products are supplied to the new energy bus market, of which more than 60% are supplied to Yutong bus. It has not yet entered the electric special vehicle market. Tianjin Lishen ranked third with 1376,600 kWh, focusing on the pure electric vehicle market, with more dispersed customers. Over 80% of Guoxuan Gaoke's products supply the pure electric bus market, while Waterma is the largest power battery supplier in the electric vehicle market.