The continuous growth of domestic new energy vehicle sales drives the rapid growth of the entire new energy industry chain.
At present, traditional Chinese OEMs such as BAIC and SAIC, as well as new car-making forces such as NIO, Xpeng, and Ideal, as well as international OEMs such as Volkswagen, Toyota, BMW, and Daimler, are increasing their presence in China's new energy vehicle market. , boosting the continuous growth of China's new energy vehicle market.
Behind the competition of many powerful players, it also has a lot of influence on China's new energy vehicle market in terms of product development, battery technology, power battery shipments, capacity expansion, and supply chain.
On June 5, the 2021 New Energy Vehicle Industry Development Jintan Changdang Lake Summit with the theme of "Industrial Agglomeration, Smart Future" was grandly opened in the German Center of China (Changzhou). More than 200 industry leaders from competent departments, scientific research institutes, associations, and more than 200 industry leaders from industry chain companies participated to discuss the path and strategy for the development of domestic new energy vehicles in the new stage.
At the closing ceremony, Zhang Xiaofei, Chairman of Senior Engineering Consulting and Secretary-General of the G20 Lithium Battery Summit, delivered a keynote speech on "Research and Judgment of China's New Energy Vehicle and Power Battery Market Trends". analysis.
Zhang Xiaofei pointed out that due to factors such as carbon peaking/carbon neutrality, double integral, lithium battery performance improvement, and industry chain cost reduction, China's new energy vehicle market has maintained a rapid growth trend in recent years, driving the continued growth of power battery installed capacity. It has had a profound impact on the entire lithium ion battery industry chain.
In terms of car company sales ranking, the overall competition in China's new energy vehicle market is fierce, and the sales ranking of car companies continues to fluctuate. Traditional OEMs and new car manufacturers are directly fighting each other.
Specifically, among the top 10 domestic new energy vehicle sales in 2020, there are 7 traditional OEMs, and SAIC-GM-Wuling ranks first; there are 3 new car manufacturers, including Tesla, NIO, and Ideal Auto respectively. 3rd, 8th and 10th.
From January to April 2021, SAIC-GM-Wuling will strengthen its leading position, and Tesla and NIO will rise in the rankings, which indicates that the new car-making forces are making further efforts. An important factor in the change of power battery installed capacity.
In terms of battery technology routes, the rise in the sales rankings of car companies is mainly driven by the growth of best-selling models, and has a direct impact on the domestic power battery technology routes and market share.
It is expected that the compound growth rate of my country's new energy vehicle market will exceed 30% in the next five years, which will greatly drive the increase in lithium battery shipments. Overseas sales of power batteries will also increase.
In terms of the development trend of the lithium battery industry chain, in order to further meet the needs of market growth and enhance market competitiveness, China's lithium battery industry chain will expand and accelerate in 2021, including power batteries, four major materials, upstream cobalt lithium raw materials and other fields. Large-scale expansion of production capacity.
Among them, in 2020, the domestic power lithium battery will start the second strong wave of expansion, which is expected to continue until 2025.
At the same time, the overseas new energy vehicle market is heating up, and European power battery production capacity has been expanded on a large scale, driving a group of internationally competitive Chinese lithium battery companies to go overseas to build factories. The globalization of the industrial chain is accelerated.
In terms of battery technology development, domestic and foreign battery companies and OEMs are actively developing technologies such as solid-state batteries, cobalt-free batteries, and sodium batteries. However, the above-mentioned battery technologies face many difficulties and challenges in large-scale commercialization.
Overall, the proportion of lithium iron phosphate in the short-term will increase due to its excellent performance. Long-term high energy density and high-performance batteries are the trend. High-nickel ternary materials and solid-state batteries will become the mainstream of the market; new materials such as sodium-ion batteries are expected to be in the market. Apply in batches by market.