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4. Layout and Competitiveness Evaluation of Companies in China's Lithium Battery Industry
Among companies in the lithium battery industry, the revenue of lithium battery business generally accounts for a large proportion, and the company's business layout is relatively concentrated. In terms of regional layout, except Xinwangda, Desai batteries and azure lithium cells, other companies have layout overseas. In addition, in China, the company has the most extensive layout in South China.
In terms of the competitiveness of the company's lithium battery business, CATL and BYD rank relatively strong, followed by Guoxuan High Tech and Yiwei Lithium Energy.
5. Summary of Competition Status in China's Lithium Battery Industry
From the perspective of the five forces competition model, at present, the major substitutes for the lithium battery industry in China are lead-acid batteries, Nickel–metal hydride battery and fuel power batteries. At the same time, supercapacitors and magnesium ion batteries, new energy storage devices, have the characteristics of short charging time, long service life, energy conservation and green environmental protection. The substitutes for lithium batteries pose a great threat; There are a large number of existing competitors, but they belong to a monopolistic competition pattern in the mid to high end field; Upstream suppliers of positive and negative electrode materials, diaphragms, electrolytes and other companies have low Bargaining power for low-end products and high Bargaining power for high-end products; More downstream users, large market and strong Bargaining power; At the same time, due to the high profit margin of the industry, it has a strong attraction for new entrants, and potential entrants pose a greater threat.
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