Power battery globalization competition has undergone new changes. The trend of electrification changes intensified in the international market. European and American economies formulate electrification strategies to achieve breakthroughs through the technology, policy, investment, financing, law, and regulation of new energy vehicles.
Previously, the EU carbon tariff regulations and the "EU New Battery Regulation" also imposed strict control on the local power battery industry chain. Recently, the U.S. announced the regulations related to new energy vehicle subsidies in the Inflation Reduction Act, with a high subsidy threshold intended to exclude Chinese power battery suppliers.
2023 will be a turning point for
the global new energy situation. National policy, international car companies
to accelerate the transformation of electrification, Europe, and the United
States in recent years will show a high-speed development stage. The new energy
vehicle subsidy policies introduced in Europe and North America substantially
exceed the subsidy strength of China in the past. The Chinese market has the
market advantage, technology advantage, scale advantage, and industry chain
advantage to achieve short-term hyper-speed. In the next few years, energy
vehicle development in the United States and Europe will impact the Chinese
market. Power battery companies devise strategies to cope with the challenges
and enhance their comprehensive competitiveness.
The trend of power battery globalization has been unstoppable, under the pressure of global competition, Chinese power battery companies must build 6 competitive advantages to survive, patent layout, technological innovation, extreme manufacturing, supply chain control, economic strength, and internal management. In the globalized market, establish a systematic and perfect knowledge system.
At the international market end, patent infringement is potentially fatal for enterprises. Raw materials, equipment, and battery enterprises must pay attention to intellectual property rights. With technological innovation, battery structure innovation, and material innovation, Chinese power battery enterprises have shown strong potential. In the limit of manufacturing, in addition to raw material cost reduction, the scale effect has become an important means to reduce costs and improve the market competitiveness of power battery enterprises. According to calculations, for 10GWh annual capacity manufacturers, a point increase in yield rate can save more than 60 million costs a year, and an annual capacity of 100GWh means a cost saving of 600 million yuan a year. Therefore, the development of high-speed production lines improves capacity and efficiency, reduces labor costs, and reduces after-sales service costs. With supply chain control, the European Union's Green Deal and the U.S. IRA Act emphasize local supply chain construction.
At the same time, the development trend of the energy storage market is more excellent, and the demand for energy storage in the international market is obvious. Companies have laid out a "power + storage" win-win strategy. Lithium iron phosphate to open up new markets and promote the establishment of a new business model. Lithium iron phosphate due to its ultra-long life, safety, high operating voltage, high capacity, green and other characteristics, the layout of the energy storage field will extend the value chain. Lithium iron phosphate supporting the energy storage system has become the mainstream choice of the market.
2023 Canton Fair for the first time new energy exhibition area, additional new energy whole industry chain, providing a one-stop procurement from raw materials to finished products, photovoltaic power generation systems, energy storage batteries, new energy connectors ....
Since 2023, electric manned vehicles, lithium batteries, and solar cells have become the focus of China's foreign trade exports, with a combined export growth of 66.9% in the first quarter and a year-on-year increase of more than 100 billion yuan.
The global demand for new energy products has surged, China's industry is diversified, the new energy market is active, and emerging markets are growing rapidly.
The Middle East has become a hot spot in the lithium storage market. Summer is the peak period of electricity consumption of Middle East residents, via often power outages. Therefore, backup power is necessary. At present, the hidden cost of domestic diesel generators in the Middle East is extremely high. Lithium battery cycle times up to 6000 times, the service life of up to 10 years, and more cost-effective. Lithium-ion energy storage is an emerging market in the Middle East.
China's new energy and energy storage industry chain is complete and has significant cost advantages. Catering to the needs of consumers with electricity, Chinese lithium enterprises fully launch outdoor power products, mobile energy storage, power supply, home energy storage, and other series of products to help zero-carbon electricity life.