Lithium battery electric vehicle accelerates development

Driven by the new energy policy, China’s electric vehicle production is increasing rapidly, and the lithium battery industry will maintain its steady growth momentum.

Lithium batteries are now more and more widely used in people's lives and production. Lithium batteries were first used in cardiac pacemakers. The self-discharge rate of the lithium battery is extremely low, and the discharge voltage is gentle. This allows the implanted pacemaker to operate for a long period of time without recharging. Lithium batteries generally have a nominal voltage higher than 3.0 volts and are more suitable for integrated circuit power supplies. Manganese dioxide batteries are widely used in calculators, digital cameras and watches.

With the environmental pollution, with the maturity of lithium battery manufacturing technology and the continuous decline in costs, electric vehicles have gradually flowed into the homes of ordinary people from the front of Wang Xietang. We believe electric vehicles are expected to usher in explosive growth in the next few years, and that the 1 million 60KWH electric vehicles will exceed the current total demand for lithium battery materials and the explosive growth of lithium battery materials is just around the corner.

It is expected that the demand for lithium-ion batteries will continue to grow steadily in the traditional fields such as mobile phones, notebook computers and power tools, and will increase by approximately 17% over the next two years. The traditional market maintains steady growth Li-ionization of electric bicycles drives new demand for lithium-ion batteries We expect that the sales of new-energy vehicles in passenger vehicles and commercial vehicles will account for 1% of new-vehicle sales in 2015, and China’s cumulative sales will reach 540,000 units. The total demand for lithium-ion batteries in the energy automotive sector reached 1.956 million kwh, corresponding to a market value of approximately 39.4 billion yuan. The installed capacity of power generation increases at an annual growth rate of 8.6%, and the total installed capacity in 2015 is expected to reach 1.45 billion kilowatts.