MIIT:In The First Half Output of Energy Storage Lithium Ion Battery Nationwide Increased by 260% on A YOY Basis

Recently,MIIT published a representation on lithium ion battery industry in China in the first half of year,in which it is reported that energy storage lithium ion batteries achieve the cycle life of 5000 times and some products made by leading companies achieve the cycle life of 10000 times.In the meantime,the construction of integration of pv power and energy storage device is accelerating,i.e.output of energy storage lithium ion battery in the first half nationwide reached 15GWh,up by 260% on a YOY basis.

In the first half,driven by the magnificent goals of “carbon neutrality” and “emission peak”,our lithium ion battery industry gained swift development,which is reflected in many aspects such as product quality and technical skills being upgraded,forward steps being made in integration of pv power and energy storage device,and investment and financing market getting more vigorous.Overall,the industry is developing in a favorable direction.

Firstly,industry scale has expanded swiftly.According to the information from industry associations and research institutes,in the first half,the output of lithium ion batteries nationwide exceeded 110GWh,up by over 60% on a YOY basis;output of upstream cathode materials,anode materials,diaphragm materials and electrolyte was respectively 450000 tons,350000 tons,3.4 billion sqm and 130000 tons,respectively up by over 130%;total industry output value in the first half exceeded RMB 240 billion.Product export increased substantially.According to data from the Customs,total volume of lithium ion battery export in the first half achieved RMB 74.3 billion,up by nearly 70% on a YOY basis.

Secondly,technical skills upgraded swiftly.Square lithium iron phosphate and soft packing ternary battery made in mass production by leading companies achieve 160Wh/kg and 250Wh/kg in their energy density.Energy storage lithium ion batteries achieve the cycle life of 5000 times and some products made by leading companies achieve the cycle life of 10000 times.Novel cobalt-free batteries and semisolid batteries are quickening their paces to mass production.Battery safety has been attracting ever increasing awareness,therefore,preventive measures including temperature measurement,thermal insulation,water cooling,heat conducting,venting and pressure resistance are being extensively taken in system-level areas.

Thirdly,photovoltaic power generation,battery energy storage and terminal utilization integrate fast.Sales increase in consumption type lithium batteries exceeds 10% and sales in power type lithium batteries exceeds 58GW.With the ever increasing awareness of “carbon neutrality” and “emission peak”,the industry is embracing an explosive growth in energy storage lithium batteries.Energy electronics industry chain that featured by the integration of “photovoltaic power generation,battery energy storage and terminal utilization” is developing steadily and quickly.Backbone companies in lithium battery and pv power sectors strengthen their cooperation and integration of pv power and energy storage device is accelerating,i.e.output of energy storage lithium ion battery in the first half nationwide reached 15GWh,up by 260% on a YOY basis.

Fourthly,production intelligentization keeps getting upgraded.Down-stream market has been raising higher requirements on consistency,yield rate and safety of lithium ion batteries.Clean workshop,automatic production line,smart management system and remote control system have become standards for production.Overall,cleanliness in workshops of backbone companies reach ten-thousand magnitude,and that in critical process workshops reach thousand magnitude.Transshipment of semi products extensively adopts smart carriers and unmanned operation has been making progress continuously in production.Battery traceability and process management system has been widely established and applied.

Fifthly,the environment for investments and financing has been eased.According to the sorting of some research institutes,in the first half,there were nearly 100 investment projects involving lithium ion battery chain announced by backbone companies,with total investment volume of over RMB 490 billion.Specifically,investment volume in batteries and four major materials was respectively more than RMB 310 billion and RMB 180 billion.Over 20 companies on lithium battery chain applied for going public,with total financing volume of nearly RMB 24 billion.New pattern of dual circulation both home and abroad has quickened its establishment.Leading domestic companies have set up plants in important overseas regions,thus making it possible for international capital and companies to participate by equity holding and standing orders.