New energy companies go to sea to cooperate to anchor the future

In recent years, relying on the development of new energy vehicle technology, China's automobile industry has become a trend of the world leader. In 2020, the number of new energy vehicles in China was only about 70,000, accounting for 7%of the total vehicle exports. In the first half of 2022, China's new energy vehicles exported a total of 202,000 units, accounting for 16.6%of the total exports of the vehicle. While the vehicle "sailing", from raw materials to batteries, the upstream supporting industrial chain also set its sights on overseas. Relying on overseas markets and resources, these companies rely on well -known domestic and foreign car companies to go to sea and try to anchor the future.

The proportion of overseas markets increases the battery company to go to the sea to grab the beach

In recent years, new energy vehicles have become important ways to reduce carbon reduction in global transportation. In 2021, the "Carbon Dafeng Action Plan for 2030" issued by the State Council clearly stated that by 2030, the proportion of transportation of new energy and clean energy power would reach about 40%by 2030. The United States also proposed that the federal government only purchased zero discharge vehicles by 2035. In June of this year, the European Union officially adopted the ban on selling new fuel vehicles in the European Union in 2035. New energy vehicles have formed a new air outlet in the global market, and lithium batteries have become the key to new energy vehicles. This has become the background of my country's lithium battery and its upstream industries.

On August 12, the Ningde Times announced that it was planned to invest in the construction of the Hungarian New Energy Battery Industry Base Project in the Hungarian City. The total investment of the project was not more than 7.34 billion euros, and the 100GWH power battery system production line was constructed. In contrast, the investment is far exceeding the factory invested in Germany in 2019.

Overseas investment in Ningde Times is only part of my country's new energy vehicle industry chain, from lithium, cobalt, nickel raw materials to the expansion of the battery industry to overseas. In June last year, the long -view driving force of the smart battery technology company under the Vision Technology Group became Renault's comprehensive electrification strategic partner. At the same time, it was the first digital and green power battery super factory in Du Er to build France. In March of this year, the perspective power announced that it would cooperate with Mercedes -Benz, which will set up a second smart battery manufacturing base in the United States. Zhao Weijun, executive director of the Vision Power and President of China, revealed that it is expected that the construction of the Spanish Zero Carbon Industrial Park will also plan a power battery plant with a capacity of 50GWH.

On August 17, Reuters reported that two people familiar with the matter revealed that Yimei Lithium can provide BMW with large cylindrical batteries in Europe. One of the people who directly understand the transaction said that Yimei Lithium has signed a contract and became the main supplier of BMW for its new series of electric vehicles in Europe. The series of models will be listed in 2025.

Lithium companies go to sea to grab lithium cloth to the industry first chess

There are not only battery companies who go to the sea to grab the beach, but also domestic lithium companies. Since last year, the demand for lithium products in the new energy vehicle industry chain in full swing has increased its demand for lithium products, and the price of lithium salt, including lithium carbonate, has doubled, and listed companies with "mine at home" have surged several times or even dozens of dozens. Double, the concept stock of lithium mine has also been popular with funds, which can be described as "lithium" traveled throughout the world. This further stimulates domestic battery companies or build factories through overseas factories, or to accelerate internationalization through soley, acquisition, strategic alliance and other methods to accelerate internationalization.

For example, in terms of lithium ore, since 2021, due to the rise in the price of lithium compounds, global lithium companies buying minerals are unprecedented. On June 16, Tibet Mining announced that its wholly -owned subsidiary Tibigan Mining Investment and Canada's Ultra Lithium (ULT) and its Argentine subsidiary Ultra Lithium Argentina (ULA) signed the final of the Laguna Verde Salt Lake Salt Salt Lithium project in Argentina. protocol. After the agreement, Tibet Mining will pay ULT $ 10 million and invest in ULA 40 million US dollars to obtain ULA 65%of ULT's equity. Huayou Cobalt also issued an announcement saying that it intends to acquire 87%of the equity of Zimbabwe's prospects held by Singapore, a wholly -owned subsidiary of the Australian Prospects in Singapore, a wholly -owned subsidiary of the Australian Prospects.

In addition, many battery manufacturers such as Ningde Times, Guoxuan Hi -Tech, Yimei Lithium, Honeycomb Energy, and Fineng Technology also went to sea for large -scale investment, or acquired lithium ore company/project shares, or expand the capacity of lithium battery capacity.

Seeking anchoring future risks and challenges still exist

At present, the global economy is still full of uncertainty. The reason why Chinese lithium battery companies in it are giving out the sea, looking for the "anchor" that can use its crossing cycle to ensure the security and stability of the industrial chain supply chain. However, companies still have a lot of risks and challenges to face.

The first thing to face is the more stringent carbon emissions requirements. In December 2020, the European Commission proposed a new battery regulation to ensure that the batteries in the EU market have sustainable and security throughout the life cycle. This provision will be implemented on July 1, 2024. In terms of sustainability dimension, the EU new battery method has increased the requirements for recycling efficiency and material recycling targets to electric vehicle batteries. It stipulates that only power batteries that meet the requirements can be sold in the EU market.

Secondly, mineral development requires a certain amount of technology, especially lithium ore. Moreover, some lithium ore quality cannot be determined in the short term. Under the chase of the company's competition, the price of lithium ore has risen. Many companies need to pay huge amounts of funds to grab lithium ore. It is unknown whether the price of lithium products can remain high. Third, in terms of software, the differences in supporting experience, cultural and working methods with foreign companies, as well as political environment, environmental protection, infrastructure, patent disputes, etc. are another major challenge for domestic car companies to lay out overseas. Cai Jinshu, vice president of Hubei Yimei Power Co., Ltd., mentioned that in the past, it was attracting foreign capital and now going out. This is a historic change. "It takes 8 to 10 months to build a factory in China, but it is not so easy to be outside. Everything that corporate culture, talent management and customer requirements must be faced." However, Cai Jinshu also pointed out that China's power battery The supply chain relationship, large -scale benefits, products and technologies accumulated in the past two or 30 years are also the advantages of related power battery companies and material companies.

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