CMIC: Power Battery Industry Urges Breakthrough in Technology "Bottleneck"

[Cedica.com] CMIC (China Market Intelligence Center) released recently: The data shows that by 2012, China will have a capacity of 500,000 new energy vehicles and use 20,000 yuan of batteries for bicycles (combined with hybrid and pure electric vehicles.) The average level of the calculation, the domestic car battery market size can reach 10 billion yuan, equivalent to the current lithium battery market growth of 1 times. Industry insiders predict that by 2020, the global market demand for automotive power batteries driven by new energy vehicles will exceed 200 billion yuan. China's automotive power battery industry will usher in a golden opportunity for rapid development.

However, despite the enthusiasm of the market, the current status of China's power battery and even the entire new energy automotive industry chain is not optimistic. Zhang Xiaoyao, executive vice president of the China Federation of Machinery Industry and president of the China Association of Automotive Engineers, recently stated that more than 80% of the core components of China's new energy vehicle power batteries are imported.

Wang Dong, director of the National 863 Power Battery Test Center, predicts that lithium-ion power battery market will exceed 20 billion yuan in the next five years, driven by the demand for electric vehicles. At present, the country has made clear the high subsidies for the purchase of electric vehicles. Although subsidies are indeed tempting for consumers, they have to be cautious after buying. From the electric car hot market to the government subsidy to sell cars for only two short years, there is no power battery manufacturer who dares to say that his battery pack has crossed the manual stage and entered industrial production.

Insiders pointed out that the core of new energy vehicle competition is to achieve a breakthrough in power battery technology. From the current perspective, electric vehicles including hybrid power, fuel cells, and pure electric vehicles are more feasible alternatives for new energy vehicles. In key parts of electric vehicles, if they cannot master the core technology of power batteries, China's new energy vehicles are destined to encounter "ceilings." From this point of view, while the development of new energy vehicle batteries has attracted the attention of the industry, China's power battery industry is experiencing a "bottleneck." At present, more than 80% of cathodes and battery separators, the core components of China's power batteries, need to be imported. Zhang Xiaoxuan said that the high import rate of core components for power batteries sounded a warning to the development of new energy vehicles in China.

At the same time, the technical trade barriers faced by the new energy vehicle battery industry will also become increasingly serious. Chen Quanshi, director of the Electric Vehicles Branch of the Chinese Engineering Society, emphasized that this is a gradual process. Through demonstration operations, the company will continue to expand its scale, increase battery technology, reduce battery costs, and improve relevant technical standards through large-scale application.

At present, most of the Chinese battery companies are solely engaged in research and development, and their funds are limited. There is a lack of exchanges and cooperation among enterprises, and it is difficult for the technology to advance further. In addition, a large number of power battery investment projects across the country may trigger a new round of repeated construction booms. It is imperative for the industry to establish a nationwide power battery industry alliance, improve investment direction and channels, and promote Chinese power by promoting the development of common technologies. The industrialization of the battery is on the right track as soon as possible.

China Market Intelligence Center (CMIC) is China's most authoritative research and consulting service platform. There are more than 100 domestic and foreign partners in mainstream research institutions, including national authoritative statistical agencies, associations, professional research companies, data centers, and credit investigation companies. More than 100,000 professional research reports cover all sectors of the national economy. Committed to providing customers with professional and comprehensive research reports, authoritative special consulting services, accurate market data, and value-added services related to research products. Customers include more than 100 global Fortune 500 companies and mainstream companies in related industries at home and abroad.

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