Inventory of lithium battery news of this week: China’s power battery installed in November TOP15 out of the oven…
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【Lithium News】ZESHENG takes stock of the week’s lithium battery industry news: China’s power battery installed capacity TOP15 in November is out! CATL provides 123GWh power battery to Honda! Dongfeng Motor develops the second generation of solid-state batteries!
- What are the Top 15 Chinese Power Battery Installed Companies in November?
(On December 9, China Automotive Power Battery Industry Innovation Alliance (“Battery Alliance”) released the monthly data of Chinese power batteries in November 2022.)
The TOP 15 companies in China’s power battery installation volume in November are:
CATL, BYD, CALB, Gotion High-Tech, SUNWODA, EVE, SVOLT, REPT, Farasis Energy, JEVE, LG New Energy, LISHEN, TAFEL, Great Power, MGL.
Production: In November, China’s power battery production totaled 63.4GWh, up 124.6% year-on-year and 0.9% YoY.
Among them, ternary battery production was 24.2GWh, accounting for 38.2% of total output, up 133.0% year-on-year and down 0.2% YoY.
The output of lithium iron phosphate battery is 39.1GWh, accounting for 61.7% of the total output, up 119.7% year-on-year and 1.4% YoY.
Installed volume: In November, China’s installed power battery volume was 34.3GWh, up 64.5% year-on-year and 12.2% YoY.
Ternary batteries installed volume of 11.0 GWh, accounting for 32.2% of the total installed volume, up 19.5% year-on-year and 2.0% YoY.
The installed capacity of lithium iron phosphate batteries was 23.1 GWh, accounting for 67.4% of the total installed capacity, up 99.5% year-on-year and 17.4% YoY.
Export: In November, China’s power battery exports totaled 22.6GWh.
Among them, the export volume of ternary batteries was 5.7GWh, and the export volume of lithium iron phosphate batteries was 16.8GWh.
Compared with October, SUNWODA and EVE swapped positions, REPT and Farasis Energy swapped positions, and SUNWODA and REPT both advanced one position in the ranking.
JEVE moved up two places from 12th to 10th; LG New Energy moved up two places from 13th to 11th; LISHEN moved up two places from 14th to 12th; Great Power and MGL are new to the list, ranking 14th and 15th.
TAFEL slipped from 11th to 13th; HD GLABAT and DFD fell out of the TOP15 list.
【News of Power Battery Company】
●【Envision AESC】30GWh, the third factory in North America landed!
On December 6, Envision AESC officially announced that it will build a power battery super factory in Florence County, South Carolina, U.S.A. with a planned annual capacity of 30 GWh. This is also the third battery super factory built by Envision AESC in North America. The plant will provide power battery products for BMW Group’s new generation models.
On October 19 this year, BMW Group announced a long-term cooperation with Envision AESC, which will provide the next generation of high-performance, high-safety and zero-carbon power battery products for BMW’s new generation models. According to BMW Group, the new batteries will have 20% higher energy density, 30% higher range, 30% higher charging speed and 60% lower carbon emissions.
●[SUNWODA] to invest 16.5 billion in Yichun for lithium salt and other projects
On the evening of December 7, SUNWODA disclosed that it had signed the Strategic Cooperation Agreement with Yichun Municipal People’s Government on the same day. The two parties agreed that SUNWODA will invest a total of 16.5 billion yuan to build lithium salt, lithium battery materials, lithium battery recycling, and other projects in Yichun City in phases. The above industry chain construction covers 300,000 tons per year of cathode materials project, 50 GWh per year of a comprehensive recycling project, and 50,000 tons per year of battery grade lithium carbonate project.
However, recently, Yichun, known as “Asia’s lithium capital”, a number of lithium salt enterprises have announced the suspension of production to cooperate with environmental investigations. Although Yichun has initially formed through the “lithium ore – lithium salt – lithium materials – lithium batteries – lithium applications – lithium recycling” of the whole industry chain development model, The local Jinjiang River water quality has visible abnormalities, environmental protection issues can not be delayed.
●[SVOLT] to invest over 23 million yuan (nearly A$5 million) in Australian listed lithium miner ST GEORGE
December 8, SVOLT signed a non-binding memorandum of understanding with Australian listed company ST GEORGE.
The two parties will establish a strategic partnership and SVOLT intends to make a strategic investment in ST GEORGE for an amount not exceeding A$5 million to assist in the development of the Mt Alexander lithium pyroxene mine project in Western Australia and will obtain 25% of the lithium underwriting rights of the project.
●[CATL] will supply 123GWh of pure electric vehicle power batteries to Honda by 2030
On December 8, CATL and Honda Giken Industries (China) Investment Co., Ltd (“Honda”) announced that Honda in China will purchase an estimated 123GWh of pure electric vehicle power batteries from CATL between 2024 and 2030.
In 2020, Honda and CATL signed a comprehensive strategic cooperation agreement on new energy vehicle power batteries, with the two companies working together on a wide range of areas including joint development, stable supply, recycling, and reuse of power batteries.
As the e: N brand of pure electric vehicle products and sales scale continue to expand, the two companies are further strengthening their partnership, with Honda in China expected to purchase 123 GWh of pure electric vehicle power batteries from CATL between 2024 and 2030, which will be centrally produced at CATL’s Yichun plant.