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Currently, power battery cell prices are relatively stable. However, from the perspective of the mainstream quotation range, there is a possibility of price declines for both ternary and LFP battery cells. The end-user auto market has shown mild performance under the stimulus of policies such as "trade-in", without exceeding expectations in growth. Nevertheless, amidst a relative slowdown in overall auto sales growth, the penetration rate of LFP batteries has slightly increased. For ternary batteries, the market demand still primarily focuses on high-end car models and overseas markets. The supply-demand mismatch continues, and it is expected that power battery cell prices still have room for a slight decline, with transactions depending on flexible pricing and negotiation of payment terms. H2 price trends will depend on the destocking progress of the vehicle side, the growth in the structure of hybrid car models, and the recovery of export orders. In the medium to short term, the industry will face ongoing price compression and profitability pressures.
Rui Ma 021-51595780
Disheng Feng 021-51666714
Yanlin Lv 021-20707875
Zhicheng Zhou 021-51666711
Haohan Zhang 021-51666752
Zihan Wang 021-51666914
Jie Wang 021-51595902
Yang Xu 021-51666760
Lianting Yang 021-51595835
Le Yang 021-51595898
