View SMM Cobalt and Lithium Product Quotes, Data, and Market Analysis
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Power battery cell prices showed a slight downward trend this week, and the price center is expected to continue shifting downward next week. The weekly average price of 100Ah prismatic LFP battery cells was 0.321 yuan/Wh, while that of 174Ah prismatic LFP battery cells was 0.324 yuan/Wh. Currently, power battery cell prices are primarily driven by the supply-demand relationship, with the marginal impact of costs on prices diminishing. The passenger car market is in a destocking phase, and the demand increment for power batteries mainly comes from the launch of new car models by OEMs. Overall, the supply-demand balance for power batteries used in passenger cars is relatively loose, with prices currently at low levels and limited room for further cost reductions. In the long term, although prices show a downward trend, the downside room is relatively small. Sales of new energy commercial vehicles are growing rapidly, with high battery capacity per vehicle—for example, the average battery capacity of new energy trucks is 173.2 kWh. Demand for power batteries used in commercial vehicles is strong, with relatively higher prices, and competition among battery cell manufacturers remains at a relatively low level. As the market size for new energy commercial vehicles expands, competition among battery cell manufacturers is expected to intensify, potentially leading to a slight decline in the prices of power batteries for commercial vehicles.
Rui Ma, 021-51595780
Disheng Feng, 021-51666714
Yanlin Lü, 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
