Transition to High-Nickel Lithium Battery Material Accelerates

SHANGHAI, May 25 (SMM) - At present, as the first cathode material manufacturer in China to realize mass production of NCM811 series products and apply them to international mainstream car companies, Ronbay Technology is in a global leading position in terms of  technology and production scale of NCM811 series products. Its shipments of NCM cathode materials have ranked first for many consecutive years. The company has begun to ship 9-series ultra-high nickel products.

According to the White Paper on the Development of China's Ternary Cathode Material Industry (2022) jointly issued by research institutions EVTank, Ivey Economic Research Institute and China Battery Industry Research Institute, in 2021, China's ternary cathode material shipments reached 422,000 mt, a year-on-year increase of 79.6%. Among them, driven by the demand for high-energy-density batteries in high-end passenger cars and overseas markets, the proportion of high-nickel ternary materials (mainly 8-series)  increased from 22% in 2020 to 36% in 2021.