Recently, SNE released the March global power battery installed capacity data. So far, the first quarter of the global power battery installed capacity rankings released.

 

From the first quarter (1-3 months), the global power battery installed capacity reached 48GWh, an increase of 128.6.

 

among them,In the first quarter, the top 10 companies in the global power battery installed capacity were Ningde Times, LG New Energy, Panasonic, BYD, Samsung SDI, SKI, AVIC Lithium, Guoxuan Gaoke, AESC and PEVE, with a total market share of 94%.

 

 

If AESC is acquired, then Ningde Times, BYD, AVIC Lithium and Guoxuan High Tech are completely "native" national enterprises.

 

As shown in the above figure,Ningde era has a global market share of 31.46 per cent, BYD 6.67 per cent, AVIC lithium battery 2.92 per cent and Guoxuan Hi-Tech 2.29 per cent, with a combined market share of 43.34 per cent!

 

In addition, compared with the global market share in the first quarter of 2020, the installed capacity of Ningde era rose from 3.6GWh to 15.1GWh, up 320.8 percent year on year. BYD rose from 1GWh to 3.2GWh, up 221.1 percent year on year. AVIC Lithium Battery rose from 0.13GWh to 1.4GWh, up 976.9 percent year on year. Guoxuan Gaoke rose from 0.26GWh to 1.1GWh, up 303.8.All four companies achieved more than 200 percent growth in power battery installed capacity!

 

They are the "four heavenly kings" of China's power batteries ".

 

Ningde era

 

The market share of Ningde era accounts for 50% of the domestic market and 31.6 of the international market, which is rare,The Ningde era continues to exert force.

 

 

In terms of capacity, the Ningde Times 2020 Annual Report shows that the current capacity of the power battery system of the Ningde Times is 69.10GWh, the capacity under construction is 77.50GWh, the capacity utilization rate is 74.83, and the output is 51.71GWh.

 

Facing the future, Ningde era is making a big deal of new production capacity. It is understood that Ningde Times has planned eight wholly-owned production bases, namely, Ningde Zhangwan District (Dongqiao/Hudong/Huxi), Ningde Che Liwan, Ningde Fuding, Xining in Qinghai, Liyang in Jiangsu, Yibin in Sichuan, Zhaoqing in Guangdong and Thuringen in Germany, with a total planned production capacity of more than 410GWh and an expected production capacity of more than 94.5GWh by the end of this year.

 

In addition, Ningde Times has also invested in joint venture factories with SAIC, FAW, GAC, Dongfeng, Geely and other auto companies, with a total production capacity of more than 145GWh. It is expected that the joint venture company's production capacity will reach 42GWh by the end of this year.

 

From the perspective of the industrial chain, Ningde Times, following the announcement of the first domestic and foreign industrial chain investment in August last year, implemented 19 billion yuan of investment, and once again threw out a plan to invest 19 billion yuan in listed companies in the industrial chain.

 

With the further improvement of the layout, the future of the Ningde era is worth looking forward.

 

BYD

 

Since the introduction of blade batteries in March last year, BYD's development has been unstoppable.

 

 

The supply of BYD batteries is also accelerating. In BYD's words, "almost every car brand you can think of is negotiating cooperation with Fodi Battery, and blade batteries will be carried on new energy models of mainstream brands at home and abroad."

 

On April 19, 2021, Li Yunfei, general manager of BYD's brand and public relations division, said that Verdi batteries will be listed in one or two years.

 

In terms of performance, BYD's quarterly report released on April 28 showed that during the reporting period, BYD achieved operating income of 40.992 billion billion yuan, a year-on-year increase of 108.31; net profit attributable to shareholders of listed companies was 0.237 billion billion yuan, a year-on-year increase of 110.73.

 

In terms of battery production, BYD currently has 8 major production bases, including Shenzhen Baolong, Shenzhen Kengzi, Xi 'an High-tech, Xining in Qinghai, Guiyang in Guizhou, Bishan in Chongqing, Ningxiang in Changsha and Bengbu in Anhui. In addition, BYD has established a joint venture with Chang 'an Automobile to establish a production capacity of 10GWh, with BYD's total planned production capacity reaching 175GWh.

 

BYD's production capacity reached 65GWh at the end of last year and is expected to reach 91GWh by the end of this year.

 

AVIC Lithium Battery

 

As a company that has experienced setbacks and regained its luster and developed rapidly, AVIC Lithium has achieved remarkable results and potential.

 

 

In the domestic market, the installed capacity of AVIC lithium battery is second only to Ningde Times and BYD, ranking among the top three in the industry. This is also the most direct factor contributing to its global power battery installed capacity ranking seventh.

 

AVIC lithium has set up four industrial bases in Changzhou, Luoyang, Xiamen and Chengdu, with production capacity of 70GWh, 10GWh, 50GWh and 50GWh respectively. Among them, Chengdu Industrial Base is a newly signed project on April 22.

 

In terms of customers, it is understood that the main customers of AVIC lithium battery include GAC new energy, Changan new energy, SAIC GM Wuling, GAC Toyota, Honda, Geely, etc. It is worth noting that AVIC Lithium Battery is one of the battery suppliers of Wuling Hongguang MINI EV and is also the sole supplier of the 120km version of the most popular Macaron in the near future.

 

The goal of AVIC lithium battery is to have a power battery capacity of more than 200GWh during the "14th Five-Year Plan" period. The market also believes that,AVIC lithium battery has the strength to enter the world's first echelon of power batteries!

 

Guoxuan Gaoke

 

Volkswagen China's strategic stake in Guoxuan Gaoke is a major event in 2020.

 

On May 28, 2020, Guoxuan Gaoke disclosed that Volkswagen China intends to hold 26.47 of the company's shares through participation in the fixed increase and transfer of Zhuhai Guoxuan and the actual controller Li Wei's stake in the company, becoming the company's largest shareholder.

 

On April 6, 2021, Guoxuan Gaoke announced that the company's 2020 non-public offering of shares was approved by the China Securities Regulatory Commission. Upon successful completion, Volkswagen China will officially become the largest shareholder of Guoxuan Hi-Tech.

 

In terms of performance, Guoxuan High-Tech's first-quarter report released on April 21 showed that the company's first-quarter revenue and profits maintained an upward trend, with revenue increasing by 77.09. At the same time, the company's overseas business surged more than six times.

 

In addition, Guoxuan Gaoke's 2021 business plan mentions the application or certification of leading products such as high nickel three-yuan seven-series, eight-series batteries, Volkswagen MEB modules, JTM batteries, etc., or is expected to increase the proportion of the company's high-end passenger car installation, to achieve the high-end transformation of customers in this field.

 

In terms of battery production, Guoxuan Gaoke has built eight production bases in Hefei headquarters, Hefei Economic Development Zone, Lujiang, Nanjing, Qingdao, Tangshan, Nantong, Liuzhou and other places. It is expected that the production capacity will reach 28GWh by the end of this year (including 23GWh of lithium iron phosphate and 5GWh of ternary capacity), exceeding 80GWh by 2023 and 100GWh by 2025.

 

Guoxuan Gaoke is also considering building factories in Germany, the United States, India and other countries to optimize the global production capacity layout.

The following article is from OFweek Lithium , Author Erdong