Although the entry barrier for the lithium battery industry is not low, there are still many new entrants looking forward to the explosion of new energy vehicles. In particular, the number of domestic manufacturers of lithium-ion battery electrolytes has risen from about ten two years ago to thirty-four or more now, and a lot of money is still pouring in.

Disorderly competition fights for prices, and price declines become a trend. There are some distortions in the rules of the entire industry. Therefore, in 2013, the amount of lithium-ion battery electrolyte has increased to a certain extent, but the price drop may exceed 20%.energy storage battery stocks.

Energy storage battery vs hydrogen…..

In addition to fierce competition, if power lithium-ion batteries are to be popularized, costs must be reduced, and suppliers of upstream raw materials will be required to reduce prices. At present, upstream electrolytes, diaphragms and other materials still have a relatively large room for decline, and the industry’s gross profit margin and net profit margin will also decline. energy storage battery cost,Xinzhoubang’s net profit margin is now maintained at a relatively high level of 15% to 20%. In the future, the industry will mature. The net profit margin of the entire industry is maintained at about 10%, which is a relatively reasonable level.

Electric vehicles are opportunities, but there are also great uncertainties. The national policy really supports the development of electric vehicles. From the perspective of the development momentum of the domestic battery vehicle industry or the reflection of our customers, the prospects of the electric vehicle industry are very optimistic.

But the industry is highly uncertain in the short term. For example, in the process of frequent safety accidents of electric vehicles, market confidence may be greatly affected, but if the government continues to provide some support policies, the market will place high hopes on it. In the medium term, the time for rapid growth of the industry will be getting closer, but how long will this period of rapid growth last? Maybe only a few years, maybe decades.

So where is the rising point of the industry? I think that in addition to electric vehicles, the current industry still has two visible growth logics: two alternatives.

The lithium-ion battery electrolyte industry is mainly distributed in China, Japan, South Korea, and some in Europe and the United States, and everyone is constantly expanding production. In the period of large-scale manufacturing, our country is the most cost-effective, so many companies are moving to our country. At present, my country’s electrolyte production and sales account for about 50% of the world’s total, and there is still room for substitution.

The other is the replacement of lead-acid batteries. Compared with traditional lead-acid batteries, lithium-ion batteries have the advantages of small size, light weight, high working voltage, large specific energy, long cycle life, no pollution, and good safety performance. Currently, electric bicycles and communication base stations are basically lead-acid batteries. The market for lead-acid batteries in my country is about 100 billion yuan, which is a huge replacement opportunity for the lithium-ion battery industry.

For a company to excel in a fierce environment, it must first have scale advantages, improve efficiency, and ensure supply capabilities. In addition, we must pay attention to controlling low-end market risks, have a deep understanding of product structure and customer structure, and adjust to the mid-to-high-end market, instead of blindly impulsive bargaining.

Battery management system for lead acid battery

Moore’s law is still applicable in the lithium-ion battery industry, and the key to the decline in prices depends on technological innovation. New battery requirements are getting higher and higher, especially power lithium-ion batteries have high requirements for safety, capacity, life, etc., but the price must be low, which must be achieved through technical means. Is it the best solution to include the original lithium hexafluorophosphate? not always. Will new materials replace it? The answer is completely possible.