In recent years, the market pattern of global energy storage batteries has changed significantly. Chinese battery companies have surpassed Korean-based battery companies and become the main country of global energy storage batteries. Based on this development trend, the gap between the shipments of Chinese battery companies and overseas brands will continue to widen.
It is worth mentioning that power battery factories are the major players in the industry, with Ningde Time and BYD in the lead. The formation of energy storage cells is accelerating, and growth companies are performing well. The global competitive landscape is accelerating jamming, and the cell capacity is developing from 280Ah to 300Ah or even higher capacity breakthrough.
From the consumer demand, 280Ah high-capacity cells have been more than half, and some companies are rapidly increasing their attention to 300Ah large cells. Some enterprises in the latest energy storage battery bidding required a cell capacity of not less than 280Ah, and 300Ah lithium cells have successively obtained orders. From the supply side, more than ten domestic electric core enterprises have launched 300Ah and above battery products. For energy storage application scenarios, energy storage cells in the cycle times, size, process, and other continued competition.
1. High-capacity race, mass production competition
Billion Wealth energy storage released a 560Ah energy storage battery, single cell energy 1.792kWh, known as the largest capacity of the current energy storage cells. In addition to billion lithium energy, Peng Hui Energy, Gotion High-tech, BYD, and other battery cell companies also released 300Ah and above capacity battery cells. High-capacity competition at the same time, 300Ah and above capacity cores also open mass production competition. Vision power storage said that the delivery of energy storage batteries in 2023 will be more than 15GWh. EVE's lithium energy goal is to achieve a 100GWh capacity scale of energy storage batteries in 2025. Energy storage large-capacity battery cells outside the mass production competition, many manufacturers choose to break through the performance of the battery cells. Battery companies based on the same size, improve energy density and cycle life. Innovative power storage special batteries, to create power storage application mode.
2. Stacked chip battle
The current market stacking process accelerates penetration in 300Ah lithium and above-capacity cells. The stacking technology of 3.0 can achieve 0.2S/PCS rate, a single stacking equipment capacity of 1.3GWh, which is beneficial to the construction of energy storage battery factory, a single line capacity of 10GWh, total factory capacity of 40GWh, scale efficiency and technological innovation to reduce the total cost of the battery, reduce investment, reduce energy consumption, reduce personnel investment, improve cell yield, improve production efficiency, and improve battery integration. Battery integration is improved.
3. Size
It is worth mentioning that there are differences in the size of 300Ah and above capacity energy storage cells. Some companies launch energy storage cells close to 280Ah in size; some companies are free size. Industry insiders indicate that the uniform core size is formed by market competition. Some experts suggest that cell size is not defined by the system and the core factory.
4. The longer the cycle life, the higher the economic value
The longer life of energy storage batteries means a lower life cycle cost of electricity. Around the core market demand points, energy storage battery companies vigorously develop cells with longer cycle life to reduce the cost of energy storage systems. For the rapidly developing energy storage industry, improving the life of cells has become an important development direction for the energy storage industry.
China's lithium industry chain invests in Southeast Asia market
China's lithium industry has launched new lithium projects in Southeast Asia as its first target. Several Chinese new energy brands are in Southeast Asia's new factory projects. Under the competitive environment, domestic vehicle enterprises in the Southeast Asia market, in addition to the export of complete vehicles, through investment, expand local research, while achieving the co-development of capital, production capacity, and technology.
Chinese vehicle enterprises in the local market in Southeast Asia to achieve localized operation due to the domestic power battery, lithium equipment, and lithium materials companies joining the concentration of industrial clusters continue to increase. Southeast Asia has become a target for China's lithium industry to invest at sea for the following four reasons:
One: the local government in Southeast Asia supports the transformation of electrification, meaning the development potential of new energy battery products. In the energy storage field, Southeast Asian countries have seen a rise in investment in power grid transformation, with powerful demand for large-scale energy storage and commercial and industrial energy storage. In addition, with tax relief in many Southeast Asian countries, new energy vehicle sales are gradually increasing.
For example, in Thailand, because the automobile is the first pillar industry, in the new energy transition performance is naturally the most significant. The ASEAN countries took the lead in tax exemption policy. The Thai government plans to exceed 1 million new energy vehicles by 2025 and achieve a 50% penetration rate by 2030 and will ensure that all new cars on sale are new energy vehicles by 2035. The combined market share of Chinese new energy vehicles in Thailand is about 43%.
In the field of electric two-wheelers, Southeast Asian countries have a large number of fuel motorcycles. The governments of Southeast Asian countries subsidize electric vehicles, creating a broad market demand for the development of electric two-wheelers.
Second: China's lithium industry to meet the demand for electrified products in Southeast Asia, is conducive to increasing the production capacity of lithium iron phosphate and other industries.
Improve lithium iron phosphate technology, reducing costs and increasing industrial production capacity. Chinese companies have the dominant position in the new energy small car market, and the products have a very high-cost performance. Southeast Asia's small passenger car market is also in the explosion stage. New energy small cars on lithium support demand for Chinese lithium iron phosphate enterprises to find breakthroughs. For the past two years, the heat of lithium iron phosphate has continued to rise, and the Southeast Asian market to become the effective path to avoid punching overcapacity.
Third: the lack of local industry-supporting forces in Southeast Asia, helping China to intervene in the transformation of electrification in Southeast Asia from early. Chinese companies aim to dominate the construction of new energy industry standards in Southeast Asia, to undertake Chinese lithium products, production processes, supply chains, etc. The imperfect power supply infrastructure and backward supply and replenishment energy environment in Southeast Asia create layout opportunities for Chinese companies. Consumers in Southeast Asia cannot pay for high-power two-wheelers, resulting in low purchasing power at the user end, but consumers also have a long-range demand. Therefore, the "power exchange" model has become the best solution for Southeast Asia.
Fourth: Chinese lithium enterprises use Southeast Asia as a transit point to lay out the global market. After the United States launched a protective policy for the local supply chain, the Southeast Asian market welcomed Chinese electrification technology, attracting the attention of various overseas enterprises in the Chinese lithium industry, such as material processing, core systems, and terminal vehicles. Build China's lithium globalization competitiveness, pay attention to the economy of scale, and complete the value economy. Southeast Asia needs China's help to complete the electrification of the transition, but also for China's lithium industry to obtain dominance and pricing power, so that China can build long-term competitiveness.