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In recent years, the booming new energy vehicle market has driven the rapid development of the power lithium-ion battery industry. Power lithium-ion battery companies supporting new energy vehicles have sprung up like mushrooms, and the shipment volume of power lithium-ion batteries has also skyrocketed. The market has shown a prosperous situation, and several leading companies with international competitiveness have also emerged. However, many newly added battery companies are small in scale and have weak technological accumulation, resulting in problems such as low product quality and difficulty in ensuring safety. At the International Lithium Industry Summit, multiple experts pointed out that the current problem of insufficient high-end production and surplus low-end production in China's power lithium battery market is prominent. If not adjusted in a timely manner, it will affect the sustained and healthy development of the entire new energy vehicle industry.

The power lithium battery market is booming, with a prominent position as a leading company

In 2014, known as the first year of the development of new energy vehicles in the industry, thanks to the successive launch of various favorable policies by the government, the production and sales of new energy vehicles showed an explosive increase, and the power lithium battery market also entered a period of rapid development. Fang Jianhua, Executive Partner of the New Energy Vehicle Entrepreneurship Investment Sub Fund of the National Science and Technology Achievement Transformation Fund, pointed out that the shipment volume of power lithium batteries in China has jumped from 0.79GWh in 2013 to 3.7Gwh in 2014, an increase rate of more than three times. In 2015, the previous growth rate continued, with the total number of batteries carried by new energy vehicles reaching 15.7 GWh, an increase rate of 324.32%. By 2016, the shipment volume of power lithium batteries had reached 28GWh, surpassing the annual shipment volume of power lithium batteries by nearly 12GWh in 2015. He pointed out that currently, there are 235 companies in China that have announced the power lithium battery models for supporting new energy vehicles.

The shipment volume and growth rate of power lithium batteries in China

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