The government work report in 2024 pointed out that in the past year, China's electric vehicles, lithium battery, the export of photovoltaic products "new three samples" increased by nearly 30%. The next step is to strengthen the construction of large-scale wind power photovoltaic bases and delivery channels, promote the development and utilization of distributed energy sources, and develop new energy storage. The government work report mentioned lithium batteries and new energy storage for the first time, which is undoubtedly a positive signal for the development of lithium battery industry and will promote the development of the industry to a certain extent.

However, the lithium battery industry still faces many challenges. Under the new situation, how to develop the lithium battery industry healthily and sustainably has become the focus of the industry. The government work report pointed out that accelerating the development of new productivity. Under the guidance of the government work report, it is an important choice for "new" or high-quality development of lithium battery industry.

Lithium battery rage TWh era coming

2023 is a year of rapid development of China's lithium battery industry and also a year of high attention.

According to data from the General Administration of Customs, in 2023, China's "New Three" products such as electric manned vehicles, lithium batteries and solar cells were exported to 1.06 trillion yuan in total, breaking the trillion yuan mark for the first time. Among them, China's total export of lithium batteries reached 457.4 billion yuan, with a year-on-year growth of more than 33%, accounting for 43.15 percent of the "new three samples" exports.

According to data from the Ministry of Industry and Information Technology, the total output of lithium batteries in China exceeded 940GWh in 2023, up 25% year on year, and the total output value of the industry exceeded 1.4 trillion yuan. The output of consumer, power and energy storage lithium batteries are 80GWh, 675GWh and 185GWh respectively, and the total installed capacity of lithium batteries (including new energy vehicles and new energy storage) exceeds 435GWh.

The Central Committee of the Communist Party of China and the State Council mentioned in "opinions on comprehensively promoting the construction of beautiful China" issued on January 11, 202424 that the penetration rate of new energy vehicles will reach the target of 45% by 2027. According to the data of China Automobile Association, the penetration rate of new energy vehicles in China was about in 2023, and the two phases had obvious incremental space.

In terms of energy storage, the guiding opinions on strengthening the capacity building of peak energy storage and intelligent dispatching of power grid jointly issued by the two ministries and commissions on March 1 proposed to encourage new energy enterprises to adopt self-built, flexible configuration of new energy storage by means of co-construction and leasing, reasonable determination of energy storage configuration scale based on system requirements, and improvement of new energy consumption utilization level, capacity support capacity and network-related security performance. The agency predicts that the global demand for new energy storage will be 156.3GW/384.4GWh in 2025, which will double the current demand.

Driven by the policy, the two terminal applications of new energy vehicles and energy storage are expected to maintain a rapid growth trend in the future, providing strong support for the demand of lithium battery industry.

In 2024, the News of the expansion of lithium battery industry chain continued, and more than 10 billion battery projects were signed/started. According to the agency's forecast, China's lithium battery market shipments will exceed 1100GWh in 2024, an increase of 27 percent year-on-year, officially entering the TWh era. Among them, the shipments of power batteries will exceed 820GWh, up 20% year-on-year; The shipments of energy storage batteries will exceed 200GWh, up 25% year-on-year.

Competition intensifies industry reshuffle

there are many hidden worries behind the prosperity of the industry.

The first is the excess capacity of lithium batteries. According to agency statistics, the capacity planning of the top 20 battery enterprises in 2025 has exceeded 6000GWh. If considering the development planning of other industry giants worldwide, the capacity planning of global power and energy storage battery enterprises in 2025It is likely to exceed 8000GWh. According to the most optimistic forecast of the market, the total demand of the power and energy storage battery market by 2025 is only 2010GWh.

It is understood that the utilization rate of power batteries has dropped from over 75% in 2022 to less than 65% on average this year, and the utilization rate of energy storage batteries has also dropped from over 85% last year to less than 55% this year.

The excess capacity of lithium batteries is obvious, while the excess capacity is left, lithium battery enterprises have seized the market one after another, competing for orders, and price competition has become an inevitable choice. Industry public data show that in 2023, the price of square lithium iron phosphate batteries (power type) dropped from 0.99 yuan/Wh at the beginning of the year to 0.44 yuan/Wh at the end of the year, a drop of 56%. In terms of energy storage cell, in January 2023, the lowest price of energy storage cell remained at 0.92 yuan/Wh, while the lowest price on the market has dropped to 0.409 yuan/Wh, a drop of over 55%.

With the increasing price competition, the industry elimination competition began. In 2023, some lithium battery enterprises stopped production because they did not meet the market demand. Excess capacity superimposed price competition accelerates industry reshuffle, and some battery enterprises with insufficient product competitiveness or insufficient capital reserves will be eliminated by the market.

At present, the lithium battery industry has problems such as overcapacity and intensified competition. It is urgent to sort out the market order and reshape the competitive advantage of the industry. Innovation empowers the development of lithium battery industry, making everything possible.

Under involution, lithium battery goes to New

this year's government work report proposes to vigorously promote the construction of modern industrial system and accelerate the development of new quality productivity. Innovation is the inherent requirement of new quality productivity and the core element of developing new quality productivity. It can give birth to new industries, new models and new dynamic energy, and is also the core driving force for the sustainable development of enterprises. For enterprises, what they always need to insist on is to promote high-quality development with scientific and technological innovation so as to build their own new quality productivity.

As a global leaderThe new energy innovation technology company of Ningde era has core technical advantages and forward-looking research and development layout in the industrial chain fields such as battery materials, battery systems, battery recycling, etc. It is committed to innovating materials and material systems, innovating system structures, green Extreme manufacturing innovation and business model innovation provide first-class solutions and services for global new energy applications.

Based on its rich experience, technology accumulation and massive data in the lithium battery industry, Ningde era has continuously launched new products with high specific energy, ultra-fast charging, high safety and long service life through the intelligent product research and development and design platform. In terms of power batteries, in 2023, Ningde era released condensed batteries with high ratio and high safety, super fast charging Shenxing batteries, the first generation of sodium ion batteries, the M3P battery, which has the advantages of ternary and lithium iron phosphate, has achieved mass production on Chery models, and the KIRIN battery with peak 5C fast charge has achieved mass production in cooperation with the ideal. In terms of energy storage batteries, Ningde era released a zero-auxiliary source optical storage DC coupling solution with multiple advantages of long service life, high safety and high efficiency in 2023, the company upgraded its products EnerOne Plus and EnerD in scenarios such as super charging stations, which greatly improved the energy density and charging and discharging efficiency of the previous generation.

According to SNE Research statistics, in 2023, the company's global market share of power battery usage was 36.8 percent, up 0.6 percent age points from last year, ranking first in the world for 7 consecutive years; in 2023, the company's global energy storage battery shipments accounted for 40% of the market, ranking first in the world for three consecutive years.

Equally excellent enterprises perform different highlights in different fields, and innovation is their common weapon.

As a shovel seller in the battery industry, pilot intelligence has continuously consolidated the core competitiveness of the enterprise through technological innovation and R & D breakthroughs since its establishment, and has mastered the technology including Lithium Battery composite fluid collection technology, automatic winding technology, many core technologies, including high-speed slitting technology, lamination technology, coating technology, laser welding technology, visual inspection technology and division Technology, have greatly improved the company's products in lithium batteries, the manufacturing level of photovoltaic cells and components, new energy vehicles, fuel cells and other downstream industries.

As of September 30, 2023, the company and its wholly-owned subsidiaries have obtained domestic authorized patent technology.There are 2,228 patents, including 214 invention patents, 1,944 utility model patents, 70 design patents, and 3 overseas patents. The number of patents is leading in the industry.

Recently, the pilot intelligence released a high-speed cutting and stacking all-in-one machine, breaking through the efficiency limit of the industry's "Z" type lamination, with the overall efficiency reaching 0.116 s/pcs. The pilot strength helps customers achieve high-speed and stable mass production and global leadership. Since 2017, the pilot lamination stacking machine has reached a total of 1600 + global orders. Now, the pilot has become the leading laminating equipment supplier in the lithium battery equipment industry.

At present, in the lithium battery equipment industry, pilot intelligence is one of the few lithium battery integration solution service providers with complete independent intellectual property rights in the industry, which can quickly design and verify the process of customized battery products, get through the whole line process of lithium battery.

Innovation is the soul of enterprise development and the key factor to maintain enterprise vitality. If an enterprise wants to survive in the market for a long time, it must persistently carry out technological and product innovation. Ningde era and leading intelligence are good examples.

What new technologies and new products have been unveiled in Ningde era and leading intelligence industry leaders recently? What are the forward-looking technologies and product releases worth looking forward to in the lithium battery industry? Everything is in the 16th International Battery Technology Exchange Meeting/exhibition (CIBF2024)!

The 16th International Battery Technology Exchange/exhibition (CIBF2024) will be held in Chongqing International Expo Center from April 27 to 29. Well-known enterprises such as Ningde era and pilot intelligence will reassemble and participate in the exhibition. The scale of this exhibition is unprecedented, with an exhibition area of 180000 square meters, covering 14 professional exhibition halls. More than 2200 global exhibitors are gathered, and 200000 spectators are expected to go to mountain city to discuss and promote the development of new energy industry. This exhibition will focus on the innovation and development of new battery technology, energy storage technology, battery materials and other fields, and invite experts and entrepreneurs in related fields at home and abroad to share the latest scientific research achievements and application cases, discuss the strategy of promoting industrial development to promote the optimization, upgrading and sustainable development of the industry.

View the leading trends, product market direction, discuss the industry trend, and seek the future of the industry! CIBF2024 industry event, wonderful, please look forward to it!