The World's Battery Industry will be Dominated by China, with a Market Capitalisation of $240 Billion
2017-08-07
With the rapid development of electric vehicles, the emergence of a number of electric vehicle battery manufacturers, all is for having heard it many times Japan's Matsushita, South Korea's Samsung and LG Chemical Factory, Tesla super, BYD Chinese. Wall Street research and securities company Bernstein automotive analysts expect the next 20 years, electric cars in the global car sales. The proportion will reach 40%. at the present stage, the global electric vehicle production and sales has almost reached 100 million, which means that although the global car production without an increase in sales volume per year of the electric car market will reach 40 million units.
Assuming the battery prices close to $6000, then the global battery industry market value will reach $240 billion. In view of the fact that electric vehicle has in dealing with the problem of pollution of the environment, the advantages of China, whether in the future of electric vehicles or batteries will be in a leading position. In order to meet the future car market demand, the global electric vehicle battery capacity is required is greatly improved, and this is the reason why Chinese battery manufacturers are rapidly expanding. Tesla and Matsushita announced to build an annual production capacity of 35000 trillion kwh super plant in 2014, when the global battery capacity is less than 50000 trillion watts.
Over the past three years the global battery industry happened to turn the world upside down changes, and Chinese battery capacity has been increased to 125000 trillion watts, and is expected to double to 250000 trillion kwh in 2020. It is estimated that from 2020 to 2037, the global production capacity of the battery will show a growth of 10 times, equivalent to the construction of 60 new factories.
Transfer of battery development to Chinese market
Start battery technology in Japan, and further development in South Korea, there are also in the market to grow and develop. China Chinese battery production in the world has already accounted for more than Japan, is expected to 2020, Chinese share in the global battery market will be more than 70%.
Chinese electric vehicle market is currently in a period of vigorous development, Chinese car prices for domestic products favored is on the rise, this also indicates that the Chinese future will be in the leading position in the field of battery production. According to the electron mobility index of Roland Begg in the second quarter of 2017 (Roland berger's e-mobility index Q2 2017), more than 90%. of the lithium-ion battery Chinese used in Chinese the rate has brand of electric vehicles
With more and more enterprises want to China this area waded into the battery industry, China government is currently considering whether to introduce policies to limit the minimum capacity of China battery manufacturers, so as to further improve the China leading position in the global battery field. Although there is no formal announcement, but the government will require Chinese or Chinese battery business year the capacity to reach at least 3 to 5000 trillion watts. In addition, Chinese government released a draft by the end of 2016, the battery if enterprises want to get government subsidies, the annual production capacity of at least need to get 8000 trillion watts. This also indicates that the future will Chinese government plans for the annual production capacity reached 40000 trillion kwh or more enterprises to provide support.
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