Driven by robust new energy vehicle demand, China's power battery industry has seen growing sales and production, with emerging technologies expected to accelerate its high-quality development, officials noted. Contact online >>
Driven by robust new energy vehicle demand, China''s power battery industry has seen growing sales and production, with emerging technologies expected to accelerate its high-quality development, officials noted.
Power batteries serve as the core component of NEVs and are the main driver in automotive electrification. With government support, China leads in both the quality and quantity of batteries, said Guo Shougang, deputy director of the equipment industry department at the Ministry of Industry and Information Technology.
Guo made the remarks at a conference held by the China Automotive Battery Innovation Alliance on Thursday in Beijing.
The data of the battery alliance show that China''s battery installation reached 387 gigawatt-hours in 2023, accounting for more than half of the global total. CATL, BYD and CALB were the top three providers.
From January to April, the installed capacity of power batteries reached 120.6 GWh, a year-on-year growth of 32.6 percent.
The alliance predicts that China''s NEV industry will continue to grow in 2024, with production expected to reach 10.83 million units, a year-on-year increase of 31.9 percent. Power battery installation is forecast to reach 527 GWh this year, up 35.9 percent year-on-year.
A key reason for the achievements of China''s power battery industry is its pursuit of two technological paths; simultaneously developing lithium iron phosphate, or LFP batteries, and ternary lithium batteries. China is the only country in the world to establish this dual-track approach, said Xu Yanhua, secretary-general of the battery alliance.
The installation of LFP batteries reached 79.8 GWh in the first four months, up 28.6 percent year-on-year, accounting for 66.1 percent of the total. Meanwhile, ternary battery installations reached 40.8 GWh, with a year-on-year growth of 41.2 percent, representing 33.8 percent of the total.
The rising energy density of LFP batteries highlights their advantages in cost and safety, leading to an increase in market share in recent years. At the Beijing auto show in April, Chinese battery giant CATL unveiled its latest LFP battery, Shenxing Plus, which is able to power 1,000 kilometers on one full charge or 600 km after a 10-minute charge.
Battery providers have also developed new technologies to power NEVs. Fully solid-state batteries are widely acknowledged as the preferred solution and represent a crucial advantage in the competition for next-generation battery technologies, said Ouyang Minggao, an academician of the Chinese Academy of Sciences.
The solid-state electrolytes offer benefits like increased battery energy density, enhanced safety and extended battery life.
Chinese battery provider Gotion High-Tech unveiled its all-solidstate battery in mid-May, aiming for small-scale production by 2027 and mass production by 2030.
Fully solid-state batteries are expected to achieve industrialization by 2030, as challenges in durability and safety remain. In the meantime, semi-solid-state batteries are being used in vehicles.
SAIC''s IM Motors launched the L6 sedan in mid-May with a semisolid-state battery variant. Integrating both liquid and solid electrolytes, the battery, built by Qingtao Energy Development, operates at a maximum of 900 volts. It enables the L6 to achieve a peak charging power of 400 kilowatts, which after 12 minutes is enough for 400 kilometers.
In late December, a Nio ET7 with a 150 kilowatt-hour semi-solid-state battery pack — codeveloped by Nio and Beijing Welion New Energy Technology — completed a 1,044 km trip on one charge with 36 km still available.
China produces about 70 percent of the world''s lithium-ion batteries but has only 6 percent of its lithium resources, prompting the search for alternatives like sodium-ion battery technology, which has substantial cost, safety and sustainability advantages over lithium-ion batteries.
In January, JAC Group delivered its first electric model powered by HiNa Battery''s sodium-ion batteries, with an energy density of 140-160 watt-hours per kilogram. It is expected to increase to 160-180 Wh/kg in two years through innovations in design and materials.
The battery alliance predicts that until 2030, China''s power battery market will be dominated by high energy density liquid batteries and LFP batteries, with ongoing performance improvements.
Chinese battery enterprises have been expanding their global presence across the industry chain. According to statistics from the alliance, 10 Chinese battery manufacturers have built plants in 12 countries, with a planned capacity exceeding 500 GWh.
The Beijing Economic-Technological Development Area, or Beijing E-town, welcomed Contemporary Amperex Technology Co Ltd, China''s largest automotive lithium-ion battery maker, into its fold on Tuesday.
The company began construction of its first battery plant in North China, adding another link to its automobile industry chain.
The plant is scheduled to begin production in 2026 after two construction phases. Once complete, it will cover an area of about 260,000 square meters.
"The Beijing Economic-Technological Development Area has gathered a group of leading new energy vehicle manufacturers, holding enormous market potential," said Wu Yingming, chairman of the supervisory board of CATL.
"Beijing is a key region for innovation and development in China''s automotive industry and an important automotive production base," he said. "Along with rich talent resources in the city, it has provided us a great foundation for cooperation."
Wu said the company''s technology advantages and Beijing''s resources will benefit both sides. Meanwhile, the plant will also raise the competence of the supply chain in Beijing, Tianjin and Hebei regions, boosting regional economic growth.
CATL is the plant''s controlling shareholder. Other partners include Xiaomi and Beijing Automotive Group Co Ltd.
The company plans to continue utilizing advanced technology, products and solutions to collaborate with Beijing to promote electric transportation and charging station infrastructure.
Li Ting, deputy head of the automobile and intelligent manufacturing industry unit at Beijing E-Town, said the partnership aims to create a model of green, low-carbon, high-quality development in Beijing and contribute to establishing a globally competitive new energy industry cluster.
"Currently, we have been driving the transformation and upgrading of the traditional automobile industry toward intelligence and electrification, aiming to enhance the localization of core components supply," Li said. "The area has also made an effort to reinforce and supplement key links in fields such as sensors, intelligent cabins, electric drive systems and new-mode batteries."
The area is home to leading vehicle manufacturers such as Beijing Benz, BAIC New Energy, Xiaomi Auto and nearly 40 domestic and international component enterprises like Hella.
As a global leader in new energy innovative technologies, CATL has led in energy storage battery shipments worldwide for three straight years, with a global share of 40 percent in 2023.
According to SNE Research, CATL''s EV battery consumption volume has ranked first worldwide for seven consecutive years, holding 36.8 percent of the global EV battery market share in 2023.
On Tuesday, the Beijing Economic-Technological Development Area, also called Beijing E-town, welcomed Contemporary Amperex Technology Co Ltd, China''s largest automotive lithium-ion battery maker, into its fold. The company began construction on its first battery plant in North China, adding another piece to its automobile industry chain.The plant is scheduled to begin production in 2026 after two construction phases. Once completed, it will cover an area of about 260,000 square meters ijing is a key region for innovation and development in China''s automotive industry and an important automotive production base, said CATL, the battery maker. They are the plant''s controlling shareholder. Other partners include Xiaomi and Beijing Automotive Group Co Ltd.
About Lithium-ion battery technology beijing
As the photovoltaic (PV) industry continues to evolve, advancements in Lithium-ion battery technology beijing have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Lithium-ion battery technology beijing for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Lithium-ion battery technology beijing featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
