October power battery load TOP10: top 4 stable Tafel / Yiwei / Honeycomb / Xinwanda / Ruipu / Funeng ranked 5th-10th respectively!

On November 10th, the China Automotive Power Battery Industry Innovation Alliance released the latest data on the number of power batteries installed in China in October and from January to October.

Domestic power battery loading in October

The latest data show that in terms of production, in October 2021, China's power battery production totaled 25.1 GWH, an increase of 191.6 percent over the same period last year and 8.4 percent month-on-month growth.

Among them, the output of ternary batteries was 9.2GWh, accounting for 36.6 percent of the total output, an increase of 93.5 percent over the same period last year, down 4.5 percent from the previous year; and the output of lithium iron phosphate batteries was 15.9GWh, accounting for 63.3 percent of the total output, up 314.0 percent from the same period last year and 17.6 percent from the previous year.

Since May this year, the output of lithium iron phosphate batteries has exceeded that of ternary batteries for six consecutive months.

In terms of loading capacity, in October 2021, the load of power batteries in China was 15.4 GWH, an increase of 162.8% over the same period last year and a decrease of 1.8% from the previous month.

Among them, the total loading of ternary batteries was 7.0GWh, up 104.3 percent from the same period last year and 13.5 percent from the previous month; lithium iron phosphate batteries totaled 8.4GWhs, up 249.5 percent from the same period last year and down 11.6 percent from the previous year.

Although the lithium iron phosphate battery decreased month-on-month, the load of the 8.4GWh is still 120% of that of the ternary battery 7.0GWh.

The top 10 domestic power battery companies in October are: Ningde Times, BYD, Guoxuan Hi-Tech, AVIC Lithium, Tafel New Energy, Yiwei Lithium Energy, Honeycomb Energy, Xinwanda, Ruipu Energy, Funeng Technology.

As can be seen from the picture above, the top two players, Ningde Times and BYD, together won 70.3% of the market share. If Ningde era's market share of 49.9% is a normal performance, then BYD finally exceeded 20% and reached 20.4% of the market share, it is an excellent performance.

The last eight companies shared 22.6 per cent of the market share, while another 7.1 per cent was occupied by other companies.

Ningde era

Ningde era occupies the domestic power battery market share "half of the country" position unshakable.

In addition, the Ningde era is still constantly expanding production and expanding investment in the new energy industry chain recently.

Ningde Times announced on the evening of November 5th that it plans to invest in the construction of Xiamen era lithium-ion battery production base (Phase I) in Xiamen, Fujian Province, with a total investment of no more than RMB 8 billion; at the same time, the company plans to invest in the construction of the first phase of Guizhou new energy power and energy storage battery manufacturing base in Gui'an New area, Guizhou Province, with a total investment of no more than RMB 7 billion.

On the evening of November 5, Changan Automobile announced that the holding subsidiary Avita Technology planned to introduce Ningde Times, Fujian Mindong, Chongqing Chengan and other investors as the main body of the capital increase and share increase, which was carried out in the form of cash. Among them, Ningde Times plans to increase its capital by 770 million yuan, and after the completion of the capital increase, Ningde Times holds 23.99% of its shares.

On the evening of November 8, Naha announced that it had formally signed a strategic agreement with Ningde Times, which will participate in D2 round financing and fully open strategic cooperation in the areas of technology research and development and supply chain security.

BYD

On the evening of November 3, BYD officially released October sales figures, showing that BYD sold 88898 passenger cars in October, up 90.9% from a year earlier. Of this total, 80003 new energy passenger vehicles were sold, an increase of 262.9 percent over the same period last year.

BYD achieved "ten at a time": in October, the sales of Xilai (3667), Nezha (8107), Zero (3654), Polar Krypton (199C), GAC Eian (13189), ideal (7649), Volkswagen I.D series (12736), Xiaopeng (10138), Weimar (5025) and Lantu (1006) added up to only 65370. BYD's new energy passenger car sales are 1.22 times that of the 10 car companies combined!

Relying on the hot market sales, BYD power battery installed market share may further increase; relying on the acceleration of external supply, BYD power battery is "king return"!

Guoxuan high-tech

Recently, the high-nickel ternary battery with energy density of 302Wh/kg in Guoxuan Hi-Tech has been mass produced. It is reported that the battery has been equipped with a number of medium-and high-end electric models, and the energy density of the related model system has easily broken through the 200Wh/kg.

In addition, the Guoxuan Hi-Tech 210Wh/kg lithium iron phosphate battery product line is currently under commissioning and is expected to be in mass production by the end of this year.

Don't forget that Guoxuan Hi-Tech also has a popular aura. As the only power battery company invested strategically in Volkswagen China, Guoxuan Hi-Tech is currently developing a designated supplier for its only standard cell in the world, and will supply it after passing the fixed-point audit of the supplier.

It is also reported that Guoxuan Hi-Tech has obtained the second supply qualification of BMW. In this regard, Guoxuan Hi-Tech said, "the company has been working hard to develop customers, constantly optimize the customer structure, and actively carry out cooperation with international head customers. For specific progress, please refer to the company's public disclosure of information."

AVIC lithium electricity

On November 8, the base project of AVIC Lithium Electric Power Battery and Energy Storage system Hefei started construction in Changfeng County, Hefei City. It is understood that the total investment of the project is about 24.8 billion yuan, with an annual production capacity of 50GWh after reaching production. Among them, the investment of the construction project in this phase is 10 billion yuan, and the annual production capacity is 20GWh after reaching production.

On November 5, AVIC Lithium Power signed a strategic cooperation agreement with the people's Government of Heilongjiang Province to jointly build a new energy industry cluster in Northeast China. AVIC Lithium Power will make the greatest contribution to the country's strategic goal of "revitalizing the Northeast in an all-round way".

It is also worth noting that on January 6, GAC Eian announced that the Eian LX Plus pure electric model, which entered the latest batch of new energy vehicle promotion catalogue of the Ministry of Industry and Information Technology, adopted sponge silicon anode battery technology and became the first pure electric vehicle in the world to achieve NEDC battery life beyond the 1000km.

The new car will carry a ternary lithium battery with a capacity of 144.4 kilowatt hours, which will be provided by AVIC Lithium, corresponding to a NEDC mileage of 1008 km.

The strength of AVIC Lithium Power has been fully revealed.

Tafel new energy

Tafel New Energy continued its strong performance in September, still ranking fifth.

As early as the first half of 2020, Tafel made continuous progress in the monthly ranking of domestic power batteries as a dark horse, but disappeared in the top 10 in the second half of 2020. The reason may have something to do with the patent lawsuit against Tafel in the Ningde era.

In August 2021, the judgment of the first instance of Ningde era's patent infringement case against Tafel was made public, and Tafel needed to pay 23.3 million yuan in compensation to Ningde era.

As the case became clearer, Tafel made a strong comeback. It is understood that there are power batteries provided by Tafel in Pentium E05, Great Wall Euler and other models.

Billionth lithium energy

Yiwei Power, a subsidiary of Yiwei Lithium Energy, plans to sign a "contract" with the Management Committee of Jingmen High-tech Zone to invest in the construction of 20GWh passenger car large cylindrical battery production line and auxiliary facilities project and 16GWh square lithium iron phosphate battery production line and auxiliary facilities project respectively in Jingmen High-tech Zone, with a total fixed asset investment of about 6.2 billion yuan.

Liu Jincheng, chairman of Yiwei Lithium Energy, said at the opening ceremony of the Jingmen Power Storage Battery Industrial Park on November 5: "the large cylindrical battery project to be built in Jingmen may be the production base of the first mass-produced 4680 and 4695 batteries in the world." the batteries produced here will be equipped to the best companies in the world. "

The market speculates that the customer in Liu Jincheng's mouth may be Tesla or BMW.

On November 8, Yiwei LiNeng shares rose sharply, rising as much as 15.88% on the day and hitting a new high since going public. As of November 10, Yiwei Lithium can offer 133.48 yuan per share, with a current total market capitalization of 253.4 billion yuan.

Honeycomb energy

On October 29th, Yang Hongxin, chairman and CEO of Honeycomb Energy, and Dai Yong, acting director of Yancheng Dafeng High-tech Zone, signed an investment framework agreement on behalf of both sides. According to the agreement, Honeycomb Energy will invest 10 billion yuan to build a 22GWh lithium-ion power battery project in Dafeng High-tech Zone.

According to statistics, since the beginning of this year, Honeycomb Energy has invested a total of 77.6 billion yuan and newly invested in the production capacity of 204.6GWh power batteries.

Huge capacity planning requires more customers to consume. In addition to the parent company Great Wall Motor, the process of external supply of honeycomb energy-powered batteries has accelerated significantly since the beginning of this year. According to the first to eighth batches of catalogues in 2021, it has accumulated 25 new energy passenger vehicles, including Great Wall Automobile, Dongfeng Automobile, Hezhong Automobile, Jinkang Automobile, Zero Motor and so on.

In addition, Honeycomb Energy has reached a global cooperation project with a total value of 16 billion yuan with Stellantis, and has also signed a procurement contract with France's PSA to provide matching facilities for its global electric vehicles. In addition, Beams, a domestic electric joint venture between Great Wall and BMW, will also be equipped with honeycomb energy batteries.

It is worth mentioning that Honeycomb Energy L600 short blade lithium iron phosphate cell has been officially mass-produced recently.

It is understood that Honeycomb Energy is planning the listing of Kechuang Board, which is expected to complete the share reform in the second half of 2021 and submit declaration materials in the first half of 2022, with a plan to raise 30-5 billion yuan.

In terms of performance, Honeycomb Energy disclosed data showing that in the first half of this year, the company's sales revenue was 1.545 billion yuan, 4.5 times that of the same period last year.

Xin Wanda

On November 3, Xinwangda Zhejiang Liwei Industrial Park officially opened.

On September 10, Geely Xin Wanda Power Battery Project officially started in Zaozhuang High-tech Zone. The project has a total investment of more than 5 billion yuan and covers an area of about 451mu. After reaching production, it is expected to achieve an annual production capacity of 800000 sets of hybrid batteries.

On August 9, Xinwanda and Nanchang Economic Development Commission set up a joint venture company (99.01% of which is owned by Xinwanda automobile battery), which intends to invest 20 billion yuan to build a power battery production base project in Nanchang, including power battery core, battery module, battery PACK, battery system and so on.

In the first half of this year, Xinwanda added 15 new models to the announcement catalogue, and has successively obtained fixed point letters from many car companies, such as Dongfeng Liu Lingzhi CM5EV, Dongfeng E70, GAC A9e, Geely PMA platform, Geely GHS2.0 platform, SAIC GM Wuling Hongguang mini and so on. At the same time, it has established cooperative relations with Renault, Nissan, Egett, Xiaopeng and other car companies.

In terms of performance, in the first three quarters of this year, Xinwanda achieved operating income of 25.583 billion yuan, an increase of 25.02% over the same period last year; the net profit belonging to shareholders of listed companies was 669 million yuan, an increase of 41.75% over the same period last year; and the net profit after deducting non-return was 451 million yuan, a sharp increase of 243.27% over the same period last year.

Ruipu Energy

Founded in 2017, Ruipu Energy Co., Ltd. is the first enterprise of Fortune 500 Qingshan holding Group to invest in new energy, mainly engaged in R & D, production and sales of power / energy storage lithium-ion battery monomer to system applications. focus on providing quality solutions for new energy vehicle power and smart electric energy storage.

In a short period of three years, Ruipu Energy has gone from obscurity in the industry at the beginning of its establishment to leading enterprises such as Ningde era, LG Chemistry, BYD, Guoxuan Hi-Tech and AVIC Lithium Power. Before the second phase of Ruipu energy production base has been built, it has been rushed to place orders by more than 20 new energy car companies, such as GAC and Geely.

At present, Ruipu Energy has announced bases including Wenzhou and Foshan, with a total investment of 22 billion yuan and corresponding production capacity of 76GWh. The goal of Ripu Energy is to achieve annual 200GWh capacity by 2025.

Funeng technology

Funeng Technology is one of the leading companies in the world of three-yuan soft package power batteries, and it is the first batch of enterprises in China to achieve mass production of three-yuan soft package power batteries.

With the advantages of high energy density, good safety performance, long cycle life and excellent low temperature performance, Funeng Technology has established long-term cooperation with a number of high-quality car companies at home and abroad to continue to provide high-quality power battery products to the electric vehicle platforms of Daimler, Guangzhou Automobile, Geely, TOGG, Dongfeng, Jiangling, Great Wall and other customers.

Since the beginning of this year, Funeng Technology has received the fixed-point notice of the LE model project of GAC-Mitsubishi Automobile Co., Ltd., developing and supplying the power battery of the LE model for it. In addition, Funeng Technology also received a "letter of intent" from Liuzhou Wuling, informing the company to become its lithium battery system assembly supplier, providing power battery systems for many of its models.

In terms of production capacity, the current production capacity of Funeng Technology has reached 13GWH, including the 5Gwh capacity of the Ganzhou plant and the 8Gwh capacity of Zhenjiang Phase I; the Zhenjiang Phase II 8Gwh and Phase III 8Gwh projects are in progress as planned, of which Zhenjiang Phase II is expected to be put into production within this year. In addition, the Ganzhou 12GWh capacity base jointly built by equity and Geely Technology also held a groundbreaking ceremony on May 17 and is expected to reach production by the end of 2022 or early 2023.

Domestic power battery loading from January to October

The latest data show that in terms of production, China's power battery production totaled 159.8 GWH from January to October, an increase of 250.0% over the same period last year.

Among them, the output of ternary batteries totaled 72.0GWh, accounting for 45.1 percent of the total output, an increase of 165.0 percent over the same period last year; and the output of lithium iron phosphate batteries totaled 87.5 GWhs, accounting for 54.8 percent of the total output, an increase of 378.2 percent over the same period last year.

Obviously, there is no doubt that the annual output of lithium iron phosphate batteries in 2021 will exceed that of ternary batteries.

In terms of loading, from January to October, the total loading of power batteries in China totaled 107.5 GWH, an increase of 168.1% over the same period last year.

Among them, the total loading of ternary batteries was 54.1 GWH, accounting for 50.3% of the total loading, up 100.1% over the same period last year; and lithium iron phosphate batteries totaled 53.2 GWH, accounting for 49.5% of the total loading, up 316.4% over the same period last year.

From the trend, the annual loading capacity of lithium iron phosphate battery in 2021 will also exceed that of ternary battery.

From January to October, the top 10 domestic power battery enterprises are: Ningde era, BYD, AVIC Lithium, Guoxuan Hi-Tech, LG New Energy, Yiwei Lithium Energy, Honeycomb Energy, Tafel New Energy, Funeng Technology, Xinwanda.

From January to October, a total of 54 power battery enterprises in China's new energy vehicle market were equipped, 11 fewer than the same period last year. The number of power battery installed in the top 3, top 5 and top 10 power battery enterprises were 78.8GWh, 89.4GWh and 98.6 GWH respectively, accounting for 73.3%, 83.2% and 91.8% of the total installed capacity, respectively.