In the first half of this year, the performance of the 20 kwh lithium battery industry was still unsatisfactory. According to the data of China Association of Automobile Manufacturers, from January to June this year, the production and sales of new energy vehicles in China fell 44.3% and 49.6% year on year respectively. From January to June, the cumulative production and sales of new energy vehicles were 1.442 million and 1.406 million, respectively, down 64.4% and 59.5% year on year. According to the analysis of insiders, the sales growth rate of domestic new energy vehicles in the first half of the year dropped sharply compared with the same period last year. The reason is that under the influence of the COVID-19, the consumption of the domestic automobile market is depressed, and the sales volume of new energy vehicles has dropped significantly year on year. However, the price of lithium battery, the upstream raw material, rose and subsidies fell, which also led to a rise in the price of lithium battery. The relevant person in charge of Contemporary Amp Technology Co., Ltd. said: "At present, the price of upstream raw materials continues to rise, and the net profit of lifepo4 48v lithium battery industry is expected to decline by 20% - 50% year on year."
3. Enterprises still face difficulties when the industry recovers.
The reporter noticed that many 48v lithium battery manufacturers in other cities in China were affected by the epidemic except Xining in Qinghai. For example, in February this year, Shenzhen BYD announced that it would stop the production of some production lines from February 2; From April 10, the external sales of some new energy automobile parts and components will be suspended; A new round of capacity ramp started on June 12; On July 5, it was announced that the company's stock was suspended for one day because the upstream lithium ore epidemic situation and other factors affected the sharp rise in product prices. "The sharp rise in the price of lithium batteries as raw materials has led some new energy automobile manufacturers to face certain operating difficulties," Wang Limei told China Securities News. She told the reporter: "Affected by the epidemic, the sales of new energy vehicles fell seriously last year, and the sales of domestic vehicles fell by about 30% year on year." With the recovery of automobile sales and market, the demand for lithium batteries is also increasing. According to the latest semi annual report issued by BYD, in the first half of the year, the company achieved an operating income of 50.373 billion yuan, up 37.37% year on year; The net profit attributable to shareholders of the listed company after deducting non recurring profits and losses was 1.885 billion yuan, up 394.79% year on year. The Company's operating income and net profit are both positive. In this regard, the reporter of China Securities News learned in the interview that the lithium battery industry as a whole maintained a good boom level: some enterprises maintained a good development trend and profitability in the first half of the year. However, the reporter noted that some wall mounted lithium battery manufacturers still have operational difficulties, capital turnover or bankruptcy risks. In this regard, the relevant person in charge of the China Automobile Industry Association said: "At present, the industry has gradually recovered." Dong Yang, President of China Association of Automobile Manufacturers, said: "In the first half of this year, the sales volume of new energy vehicles in China has recovered to the pre epidemic level and started to grow steadily, but the sales volume of new energy vehicles is still lower than the level of the same period last year. At present, the number of new energy vehicles has reached about 15 million. If there is no further control of the epidemic and the recovery of consumer behavior, it needs a process. Therefore, if the epidemic is stable at a low level, we will consider whether to increase subsidies; however, there are still many places It needs to be improved, so the overall situation is not particularly optimistic. There are still many enterprises solving the problem of capital chain. " "From the current situation, the lithium battery industry as a whole is still rising and recovering.
Many companies predict that there may be an opportunity to raise prices in the second half of the year.
Industry insiders said that, affected by the epidemic, the sales of new energy vehicles in the first half of this year fell by nearly 40% year on year, causing a huge impact on the lithium battery industry. "china 10kwh lifepo4 battery occupies a very important position in the entire industrial chain, and is one of the core links of lithium material production." Lin Haibin, an analyst at Galaxy Securities, believes that the rise in upstream raw material prices has a more direct and far-reaching impact on terminal demand. Many enterprises in the industry expect to have the opportunity to raise prices in the second half of this year. "Since this year, the prosperity of the lithium battery industry has continued to rise, but the upstream price has risen significantly. Many car enterprises have raised the battery price in advance." A person in charge of a power battery enterprise told China Securities News that "from the market feedback, in the first half of the year, in the case of sluggish downstream demand (although there is a sign of recovery in the new energy vehicle industry), all enterprises will take the initiative to raise prices. I think 48 volt lifepo4 battery will welcome the opportunity to increase prices in the second half of the year."