China Fund News reporter Qiu Dekun
Recently, Korea research institution SNE Research disclosed data showing that in the first eight months of this year, six Chinese companies were listed in the top ten of the global power battery loading list, with a total global market share of 65.1%, an increase of 2.9 percentage points year-on-year.
Among them, CATL still ranks first on the list, with a global market share of 37.1%, but the top 10 companies on the list have the highest growth rate of Sunwoda, with a year-on-year increase of 60%.
The agglomeration effect of the industry's head is obvious
According to SNE Research data, in the first eight months of this year, the global power battery installed capacity reached 510.1GWh, a year-on-year increase of 21.7%. Among them, the top 10 companies in the global power battery industry in terms of loading volume occupy 90.6% of the market share.
Among the top 10 companies on the list, in the first eight months of this year, the global power battery loading capacity of 6 Chinese companies exceeded 10GWh, with a total of 332.3GWh, accounting for 65.1% of the overall global power battery loading volume.
Among them, CATL ranked first with 189.2GWh of installed capacity, with a market share of 37.1%, an increase of 1.6 percentage points year-on-year.
According to SNE Research, at present, major domestic automakers such as Zeekr, Wenjie, and Li Auto, as well as major global automakers such as Tesla Model 3/Y, BMW iX, Mercedes-Benz EQ, and Volkswagen ID series, have all chosen to carry CATL's batteries.
SNE Research pointed out that with the increasing number of models equipped with lithium iron phosphate batteries in the world, the market share of Chinese battery companies is growing rapidly.
The industry believes that lithium iron phosphate batteries have more advantages in terms of thermal stability and price. As Chinese companies dominate the market development of lithium iron phosphate batteries, they are expected to temporarily maintain a monopoly level of market share.
According to data from the China Automotive Power Battery Industry Innovation Alliance, in the first eight months of this year, the installed capacity of power batteries in mainland China was 292.1GWh, a year-on-year increase of 33.2%. Among them, the installed capacity of lithium iron phosphate batteries was 206.2GWh, accounting for 70.6% of the total installed volume, a year-on-year increase of 37.8%.
Phased excess or inflection point
According to SNE Research data, in the first eight months of this year, among the top 10 companies in the world's power battery loading volume, 6 Chinese companies maintained double-digit year-on-year growth, and Sunwoda increased by 60% year-on-year.
Industry insiders suggest that the second half of each year is the peak season for automobile sales, and the sales of domestic new energy vehicle companies in September this year are year-on-year and month-on-month, and the overall growth trend is driving the demand of the upstream battery industry to further increase.
Cinda Securities Research Report pointed out that driven by the pro-consumption policy, as the domestic demand for new energy vehicles continues to grow, the phased surplus of lithium battery supply is expected to gradually usher in an inflection point.
CATL previously accepted an institutional survey that the company's production schedule and orders are full in the second half of this year, and the capacity utilization rate is expected to further increase.
According to the latest data of Gaogong Lithium Battery, the production schedule of domestic lithium battery head enterprises in September may increase by 10% month-on-month, and the production schedule scale may reach 50GWh, and the production schedule of major lithium iron phosphate enterprises has also increased year-on-year.
Editor: Joey
Review: Chen Siyang