The development momentum of new energy is difficult to block lithium battery leading enterprises to expand the tide

Huaxia Times (chinatimes.net.cn) reporter Jiao Yanli Lu Xiaoxiao Beijing report

With the reunification of the New Energy Circuit in the second quarter, related companies related to the lithium battery industry chain will be expanded. According to incomplete statistics from reporters, since July alone, there have been lithium battery leading enterprises such as Ningde Times, Ganfeng Lithium, and Yiwei Lithium Energy have successively announced the production capacity expansion plan.

The cooperation between car companies and upstream lithium battery companies is getting closer and closer. On August 18, GAC Group released news that GAC Ean and Ganfeng Lithium industry signed a strategic cooperation agreement. The two parties will establish long -term strategic cooperation relationships, strong union, and cooperate from the upstream material end of new energy power batteries to continue cooperation and continue to continue. Explore in -depth cooperation at all levels of lithium resource development, midstream lithium salt processing and comprehensive recycling of waste batteries.

On August 12, the Ningde Times announced that it was planned to invest over 50 billion yuan to build the second European factory in the city of Debreson, Hungary, with a planned power battery capacity of 100GWh. Recently, Yiwei Lithium Energy has also been announced that it will formulate an increase of 9 billion yuan. After deducting the issuance fee, all of the energy storage lithium -ion battery projects and supplementary projects are used.

In the upper reaches of the lithium battery industry chain, the "100 billion lithium king" Ganfeng Lithium recently acquired Bacanora Company and Mexico Lithium Clane projects with 1.7 billion yuan. This news has attracted greater attention in the industry. Prior to this, Ganfeng Lithium has obtained 100%equity of Lithea, 46.67%equity of the Cauchari-Olaroz project in Argentina, and 100%equity of the Mariana project.

At present, under the guidance of the "double carbon" goal, for the recent wave of production capacity expansion related to the recent lithium battery industry chain, Xingtu Financial Researcher Ji You told the reporter of "Huaxia Times": "Under the high degree of prosperity of new energy, new energy downstream new energy sources The penetration rate of the car may increase from the current 20%to 30%. The application scenarios of lithium batteries in new energy storage are also expanding. The continuous rise in supporting infrastructure construction such as parking lots and charging piles is the continuous heating. The large -scale outbreak laid the foundation. "

Xie Zongbo, a senior accountant of Australia and a financial science popularization writer, also said in an interview with the China Times reporter that due to the shortage of raw materials, the recent lithium battery production enterprises and even vehicle companies are extending to the upper reaches of the industrial chain. Lithium battery raw material resources, which helps industry leading enterprises to further integrate upstream and downstream resources, may also cause concerns of overcapacity.

Power battery development rapidly

In the first half of this year, although the price of various lithium -ion battery raw materials, the influence of Russia and Ukraine's conflict affected energy prices, and the adverse effects of the new crown epidemic on logistics transportation, my country's new energy vehicles and energy storage industries still achieved rapid growth. , Directly driving the growth of power battery shipments.

On August 18, Liu Yanlong, Secretary -General of the China Chemical and Physical Power Industry Association, said at a industry exchange conference: "It is estimated that the total shipments of lithium -ion batteries in the first half of 2022 will reach 285GWh, an increase of over 126%year -on -year, of which energy storage is used. The shipment of lithium -ion batteries is 31.4GWh, an increase of over 120%year -on -year. It is expected that the revenue of lithium -ion batteries in the first half of 2022 will exceed 290 billion yuan, an increase of 135%year -on -year. "

Liu Yanlong said that in the future, power batteries and energy storage will be the main market for the development of lithium ion batteries. In 2021, there are 146 new energy storage projects in my country, of which 120 lithium -ion battery energy storage is storage. It is expected that the cumulative installed capacity of my country's electrochemical energy storage can reach 40GW by 2025. In 2030, the scale of electrochemical energy storage capacity will reach 110GW. Lithium ion batteries will still occupy the technical advantages of new energy storage applications. In terms of passenger cars, it is expected that the annual output of lithium battery and two -wheeled vehicles in 2025 will reach 25 million units, and the demand for lithium -ion batteries will reach 25GWh.

According to CITIC Securities Research reports, under the circumstances that the battery technology route has no major breakthrough, lithium iron phosphate will maintain the cost advantage for a long time. It is expected that the proportion of lithium iron phosphate capacity in China will reach 60 % in 2025, and the global lithium iron phosphate will penetrate in medium and long -term penetration of lithium iron phosphate. The rate is expected to reach 35 %.

Everbright Securities also stated that by 2025, global lithium carbonate demand will reach 1.24 million tons, while the output will be only 1.03 million tons, and lithium carbonate may have a gap of 210,000 tons.

People in the industry generally believe that with the surge in the application of power batteries and the shortage of upstream resources, power battery companies and vehicle companies will inevitably increase production capacity expansion and layout of upstream raw materials for power batteries.

Enterprise to expand the tide

Recently, under the drive of Ningde Times and Yiwei Lithium, related industrial chain companies have announced their expansion plan.

On August 15th, BYD signed a strategic cooperation framework agreement with the Yichun City Government of Jiangxi Province and the Yichun Economic Development Zone. BYD intends to invest 28.5 billion yuan in Yichun City, Jiangxi Province to build an annual output of 30GWH power battery and an annual output of 100,000 tons of battery level. Lithium carbonate and ceramic soil (including lithium) comprehensive development and utilization of production base projects, and the project only used for only 64 days to negotiate the signing of the contract.

In fact, since 2022, BYD has been looking for high -quality lithium ore resources at home and abroad. In January this year, BYD invested 61 million US dollars to win 80,000 tons of intelligence mining rights. Message of lithium ore.

On the same day, GCLEN also announced the production capacity expansion plan. GCL -Keneng planned to issue convertible bonds to raise funds for not more than 4.5 billion yuan for the construction of lithium carbonate projects. Battery -level lithium carbonate factory construction projects and debt repayment. It is worth noting that although GCLEN has a long time in the new energy industry, the upper reaches of the lithium battery industry chain is still the first time. With the increase in production and sales of new energy vehicles, the price of raw materials for upstream lithium batteries has continued to rise. Recently, foreign companies such as Xilong Science and future shares have also joined cross -border lithium grabbing troops.

On August 14th, Xilong Science -scientifically raised 1 billion yuan to invest in the annual output of 50,000 tons of lithium iron phosphate orthopedic material projects and supplementary projects of supplementary projects. It is reported that the lithium iron phosphate project intends to invest 905 million yuan, compared with 400 million yuan from raised funds. Xilong Science stated that after the investment project raised funds, the company's operating income and net profit will be greatly improved, and the profitability will be further enhanced.

In the future, the shares have recently acquired 70%-100%of the equity of Ruifu Lithium and 70%-100%of Xinjiang Dongli. Future shares say that the current new energy track is in a period of rapid development, and it can find new profit growth points for the company's development through cross -border development.

With the densely entering the lithium battery industry chain of capital, will there be a hidden concern of overcapacity? In this regard, Ji You said to the reporter of the Huaxia Times that the development of the power battery industry is currently in the upward stage, and the situation of excess lithium power capacity will not occur for the time being. However, Lianyou also said that the expansion of lithium battery may bring changes in the industry's competitive pattern. In the future, companies with advanced technology, cost control, and integrated industry chain can share the rapid development of the industry.

Xie Zongbo said that the new energy industry has coexisted in recent years. It is recommended that the industry leaders continue to pay attention to the development and breakthrough of new technologies and new raw materials on various paths while increasing the investment in lithium battery. The subversion may lead to a clearance of the previous investment or a complete failure on the new energy battery track.

Editor -in -chief: Editor of Lu Xiaoxiao: Zhang Yuning

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