Raw materials across the line to guide the price of power battery to return to rational

Recently, the “rise” of new energy vehicles, affected by the industrial cycle, epidemic, international tensions and other factors, the upstream raw material cost of the automobile manufacturing industry has been expanding, such as the price of battery grade lithium carbonate per ton increased 10 times in one year.Recently, new energy vehicles “rise” sound.Affected by multiple factors such as the industrial cycle, epidemic situation and international tension, the cost of upstream raw materials in the automobile manufacturing industry has been increasing rapidly. For example, the price of battery grade lithium carbonate per ton has increased by 10 times in one year.Some analysts say that this has gone against the law of supply and demand and is abnormal growth.Chen Shihua, deputy secretary-general of the China Association of Automobile Manufacturers, said that judging from the demand point of view, the price rise of lithium batteries may continue for a while.However, under the regulation of the competent authorities and the efforts of all parties, the price of power battery will gradually return to rational.The main raw materials of power battery include cathode materials, anode materials, diaphragm and electrolyte, etc. These raw materials are affected by the price of lithium, nickel, cobalt and other commodities or chemical raw materials.Since the second half of last year, the main raw materials for power batteries, lithium, cobalt, nickel are sharply rising.The latest data show that since December 21, 2021, the price of nickel has increased from less than 150,000 yuan/ton to 220,000 yuan/ton on March 20, and the highest point once exceeded 300,000 yuan/ton.The price of cobalt in the East China market rose from less than 490,000 yuan/ton to 566,000 yuan/ton.The production price of lithium iron phosphate rose from less than 100,000 yuan/ton to more than 150,000 yuan/ton, up nearly 60%.Data released by The China Automotive Power Battery Industry Innovation Alliance showed that compared with the beginning of last year, the average price of mainstream ternary lithium battery cathode material rose 108.9%, the average price of lithium iron phosphate battery cathode material rose 182.5%, the average price of ternary lithium battery electrolyte rose 146.2%, the average price of lithium iron phosphate battery electrolyte rose 190.2%.Zhang Feng, senior vice president of Fuluneng Technology (Ganzhou) Co., LTD., said frankly at the China Electric Vehicle 100 Forum (2022), “Battery companies have been very sad recently, especially affected by the rising price of raw materials.At present, Fu Neng is communicating the second round of price increase “.”At the end of last year, Feuneng has completed the communication with the vast majority of customers about the price increase. Except for a very few large customers, they have completed the price adjustment and will be supplied at the new price from January 1 this year.”Mr Zhang said that as raw material prices rose further this year, Feuneng began talking to individual customers about sharing the increased cost of raw materials between January 1 and the end of March.The cost pressure brought by the rise in the price of power batteries is finally transmitted to new energy vehicles.Since March, nearly 20 new energy vehicle companies announced price increases, involving nearly 40 models.Most car companies’ overall price increases are controlled within 10,000 yuan, xiaopeng’s price increases range between 10,100 and 32,600 yuan.”Battery prices have gone up so much that some manufacturers have increased their prices more than we expected.”He Xiaopeng, chairman of Xiaopeng Automobile, said it would take another two to three months to see more clearly the impact of price rises on car sales.There is no lack of capital speculation behind the first two months of this year, although affected by the epidemic, chip shortage and price rise, but China’s new energy vehicles growth momentum.From the power battery loading volume, the year-on-year cumulative growth of 109.7%.Among them, ternary battery load accounted for 43.8% of the total load, with a year-on-year increase of 50.6%.The loading volume of lithium iron phosphate batteries accounted for 55.9% of the total loading volume, with a cumulative year-on-year growth of 203.1%, showing a rapid growth momentum.The large increase of power battery installation makes the problem of battery supply shortage more and more serious.Yin Tongyue, secretary of the Party Committee and chairman of Chery Automobile Company, said that as the new energy vehicle track is getting hotter and hotter, the demand for power batteries is rising, and the upstream raw materials and mineral resources are in short supply, becoming the bottleneck of the development of new energy vehicles.Ouyang Minggao, an academician at the Chinese Academy of Sciences, pointed out that the sharp increase in the price of lithium carbonate is mainly due to the rapid growth in the global demand for new energy vehicles since last year, which has produced a progressive demand amplification effect in the field of batteries and materials. Meanwhile, the impact of the epidemic is compounded and the price fluctuation is larger.Mr Ouyang believes that while the driving force of new-energy vehicle sales growth will remain for a long time, the amplification of demand for lithium resources caused by panic inventory is only temporary.With the increase of lithium carbonate supply capacity and the expansion of battery recycling industry, it is expected that the supply and demand balance of lithium resources will be restored in two or three years.There are other factors behind the rise in battery costs.Chen Shihua pointed out that this round of raw material prices rose abnormally, deviated from the normal supply and demand relationship, belongs to the irrational rise, there is speculation party to seize the lithium capacity expansion before the last window period, hoarding, deliberately bid up prices and other unfair competition behavior.Chen Shihua said that driving up the price of power battery raw materials has affected the steady and healthy development of the new energy vehicle industry, which runs counter to the national development strategy and should remain highly vigilant.In view of the current lithium price and the power battery raw material surge, CAAC said that since the second half of 2021, the raw material price has been included in the monitoring scope, and recently stepped up efforts to submit suggestions to the relevant authorities.Authorities have also begun to take action.Xin Guobin, vice minister of Industry and Information Technology, said that China will speed up the development of lithium, nickel and other resources to meet the production needs of power batteries and crack down on unfair competition such as hoarding and price gouging.Core materials such as nickel, cobalt and lithium for power batteries are scarce resources and rely heavily on imports, Yin said.He suggested that the National Development and Reform Commission, the Ministry of Industry and Information Technology and other departments formulate policies to include new energy power battery materials into the management of national strategic reserve resources, set up a special fund to support and encourage domestic enterprises to acquire foreign battery material resources, to ensure the safety of the supply chain of new energy vehicles.For the new energy vehicle industry, to improve the supply level of battery supply materials, depends on development and management, but also around resource extraction and extraction, battery technology research and development innovation, recycling system construction to promote scientific and technological innovation.Some experts believe that low-nickel, low-lithium, low-cobalt or cobalt-free batteries are the new development direction of power batteries. If the corresponding energy density can be achieved, the supply and demand pressure of key raw materials will be relieved from the source.Wu Kai, ningde Times’ chief scientist, said the company had launched the third-generation CTP (high Efficiency Group) technology, internally known as the Kirin battery.With the same chemical system and the same battery pack size, kirin’s battery can deliver 13 percent more power than the 4680 system, he said.Matsushita CEO Yukinori Minami said that solving ev battery quality and safety, rationalizing the operation of charging facilities, and controlling total costs are key to promoting the further popularization of electric vehicles.Panasonic will aim to mass-produce cobalt-free batteries within three years.”Judging from the demand point of view, the price of lithium batteries may continue to rise for a while.”Chen Shihua said that through the efforts of all parties, we will be able to solve the problem of raw material prices rising too fast, let the power battery price return to rational, and the goal of ensuring stable price and chain stability will be achieved.He suggested that the automobile industry should comply with the general trend of constructing a new development pattern and seize the rare historical development window period of the new energy automobile industry.(Economic Daily reporter Liu Jin) Disclaimer: the above content reprinted from China energy network, the content does not represent the position of this platform.National Energy Information Platform Tel: 010-65367702, email: hz@people-energy.com.cn, Address: People’s Daily, No.2 Jintai West Road, Chaoyang District, Beijing

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