The tide of power battery expansion continues Ningde Times to throw another 14 billion yuan to build a battery project

Reporter Li Chunlian Li Qiaoyu

On the evening of September 28, the Ningde Times announced that with the rapid development of the new energy industry at home and abroad, the market of power batteries and energy storage industries continued to grow. In order to further promote business development, meet market demand, and improve the layout of production capacity, the company intends to work in Investment in the construction of Luoyang New Energy Battery Production Base Projects in Yibin District, Luoyang City, Henan Province, the total investment of the project does not exceed 14 billion yuan.

"In order to seize the historical opportunities of the rapid development of the new energy industry, meet the needs of the company's future business development and market expansion, ensure that customer orders are fulfilled in a timely manner, the company intends to carry out the corresponding production capacity construction to further improve the layout of the production base." Relying on Luoyang's industrial foundation and location advantages, the company promotes cooperation with Luoyang City's research and development and production in new energy batteries, new energy industry ecological construction, and new energy technology applications to further enhance the company's core competitiveness.

In fact, this is not the first time in the Ningde era to expand the production of power battery production this year. On July 21, the Ningde Times announced that it was intended to invest in the construction of the Jining New Energy battery industry base project in Jining City, Shandong Province. The total investment of the project does not exceed 14 billion yuan. On August 12, the Ningde Times announced that it was intended to invest in the construction of the Hungarian new energy battery industry base project in the city of Debreson, Hungary, with a total investment of not more than 7.34 billion euros.

The Ningde era was just a microcosm of the expansion of power battery companies. Recently, many power battery companies have continuously launched expansion plans or projects. On September 15th and September 20th, Xinwangda disclosed two announcements successively to invest in the construction of the "Xinwangda Yiwu New Energy Power Battery Production Base Project" in the area under the jurisdiction of the people's government of Yiwu City. Thailand invests in the construction of the "Xinwangda Dongfeng Yichang Power Battery Production Base Project" in the area under the jurisdiction of Yichang City. On the evening of September 27, Yiwei Lithium could announce that it was intended to sign an investment agreement with the Shenyang Municipal Government and the Shenyang Economic Development Zone Management Committee to invest in the construction of the "Yimei Lithium Energy Energy Energy Economic and Development Zone Management Committee Energy storage and power battery projects, the project planning capacity is 40GWh, and the total investment is expected to invest 10 billion yuan.

The expansion of power battery companies is related to the continuous increase in market demand. On the evening of September 28, Ganfeng Lithium Industry announced that the company and the Yichun Municipal Government recently signed a strategic cooperation framework agreement, and the two parties jointly constructed the entire industrial chain system from lithium resources to lithium battery materials, new lithium batteries, and battery applications.

Since the beginning of this year, the production and installation of power battery has been increasing. Data show that from January to August this year, the cumulative output of my country's power batteries was 303.8GWh, an increase of 172.3%year -on -year; the cumulative installed capacity was 162.1GWh, an increase of 112.3%year -on -year.

According to the calculation data of SNERESEARCH, by 2025, the power battery production gap will reach 37%and the loading gap will reach 25%, which will continue to maintain a state of tight supply and demand.

The research report of Xingye Securities believes that in the context of the continued high prosperity of the new energy vehicle market, the demand for power battery installed capacity has risen simultaneously. The main battery companies are accelerating the expansion. In the Ningde era, the production capacity of the Ningde era can reach more than 700GWH by the end of 2025, and the competitiveness of Chinese companies will be further enhanced.

Qi Haihuan, president of Beijing Sunshine New Energy, said in an interview with the Securities Daily that fuel vehicles accelerated electrification and new energy, which is a certain development trend in global. Many countries including Han are vigorously developing new energy vehicles, leading to strong demand for power batteries. The continuous expansion of power battery head enterprises to continuously expand market share, in order to maintain leading and advantageous position, and achieving large -scale benefits will be a trend of future development.

"my country proposes to build a new type of power system with new energy as the main body. New energy power generation needs to configure a relatively proportion of energy storage equipment, and energy storage projects have a great demand for electrochemical lithium battery products." The lithium battery industry is updated quickly, and technological upgrades and industrial improvement require strong capital investment in order to continuously update the products to maintain leading advantages, including improving the energy density of the product and reducing unit production costs, so as to form scale benefits.

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