Ningde era + BYD double certification! This lithium battery route is expected to win.

With the problem of low energy density of lithium iron phosphate battery solved, the market share of lithium iron phosphate battery in the field of new energy passenger vehicles is gradually expanding. Compared with ternary cathode materials, lithium iron phosphate materials take into account both safety and high performance-to-price ratio.

On April 9, Zeng Yuqun, chairman of Ningde Times, said at the sub-event of the 125th anniversary of the founding of Shanghai Jiaotong University that the proportion of lithium iron phosphate batteries will be higher and higher in 3-5 years. "at present, with more and more charging piles, the range of electric vehicles does not need to be that long, because lithium iron phosphate batteries are cheaper, so their growth rate will be very fast, and the proportion of lithium iron phosphate will gradually increase, while ternary batteries will gradually decrease." See for details: Zeng Yuqun, Shen Nanpeng on Jian in Huashan: be optimistic about Lithium Iron Phosphate to increase the proportion of hydrogen fuel is more suitable for Energy Storage solid State batteries to pay attention to this point

Another battery manufacturing leader is actively laying out the optimized version of lithium iron phosphate battery. On the evening of April 7, BYD released four new cars, including Qin PlusEV and 2021 Tang EV, all equipped with blade batteries. Wang Chuanfu, chairman of BYD, said that "from today on, BYD's pure electric models will be fully equipped with blade batteries and acupuncture experiments will be fully used."

By expanding potential customers and building factories at sea, BYD continues to promote the external supply of blade batteries. According to foreign media reports, BYD will start selling car batteries to other companies as early as the second half of this year.

The latest data show that the number of power batteries loaded in China in March is 9.0GWh. Among them, the total loading of ternary batteries was 5.1GWH, up 129% from the same period last year and 53.1% from the previous year; and lithium iron phosphate batteries totaled 3.9GWhh, up 627.9% from the same period last year and 73.7% from the previous year. Although the total installed capacity of the latter is not as good as that of the former, it is growing rapidly.

It is worth noting that the surge in demand for lithium iron phosphate batteries has triggered an increase in the price of upstream raw materials. The price of lithium iron phosphate increased by 29.73% in the first quarter of 2021.

"at present, the mainstream price of power lithium iron phosphate is 46000 ~ 50, 000 yuan / ton, and the mainstream transaction price of energy storage lithium iron phosphate is 42000 ~ 43000 yuan / ton. Compared with the low of 34000 yuan / ton in mid-November 2020, the market price of power lithium iron phosphate has recovered significantly recently, with a cumulative increase of more than 35% in more than four months. " For the recent trend of the lithium iron phosphate market, qu Yinfei, an analyst at Longzhong Information, pointed out on April 10 that although the price is already high, the lithium iron phosphate power market is still performing well, the leading enterprises are still operating at full production, and the overall operating rate of the industry is 65.72%.

What is more noteworthy is that the upstream raw material lithium carbonate has risen much more than lithium iron phosphate, and the price has rapidly doubled since October last year. Now, the cost pressure brought by the price increase is being transmitted to the industrial chain step by step, and the prices of electrolytes and negative materials have increased obviously.

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Among the A-share listed companies, the companies that produce lithium iron phosphate materials include Xiangtan electrification, Hezhong Technology, German Nano, Fengyuan shares and so on.

Among them, Xiangtan Electric and Chemical shareholding Company Hunan Yuneng currently has an annual production capacity of 50,000 tons of lithium iron phosphate and is expanding new production capacity.

At present, the production capacity of iron phosphate in Yacheng, Hunan Province, a wholly-owned subsidiary of Hezhong Science and Technology, has reached 30,000 tons, the construction of the second phase of Ningxiang new base has begun, and the construction of a new base of 50,000 tons of iron phosphate in Yibin has also begun. After the completion of the construction of the new base in Yibin, the production capacity is expected to exceed 100,000 tons.

German Nano's main business is the research, development, production and sales of nano-lithium iron phosphate materials and carbon nanotube conductive fluid.

The construction of the first phase of the Fengyuan Lithium Iron Phosphate Project has been completed. At present, the 5000 tons of major equipment in the second phase has been put in place, and the relevant supporting construction work is being paid close attention to.

Among the lithium battery companies, Guoxuan Hi-Tech's lithium iron phosphate products have been equipped with Hongguang MINI EV, Chery eQ and other A00 popular models in 2020, breaking through the A-class models such as Auchan X7EV, while the company is working with Tata / Bosch to accelerate the export of technology.

Penghui Energy currently produces and sells new energy vehicle power batteries, all of which are lithium iron phosphate batteries, which are mainly supplied in large quantities for Wuling Hongguang MINI EV 120km and 200km models.

In addition, Yahua Group, Yongxing Materials and other companies have lithium carbonate production capacity.