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Rising battery prices? In the long run, the downward trend of cost is still a trend
Latest company news about Rising battery prices? In the long run, the downward trend of cost is still a trend

At present, the battery industry does have problems in the supply of upstream raw materials, and the rising price leads to the rising cost of some battery enterprises and limited capacity, but this is more short-term impact. In the long run, the downward trend of battery costs remains unchanged.

 

Recently, the upper reaches of the new energy and power battery industry chains have been suffering from a tight supply to varying degrees. The prices of the main raw materials for power batteries such as cobalt, lithium and nickel have risen sharply, and some materials have even increased by more than 50%, which has pushed up the prices of cathode materials. At the same time, although the new energy vehicle market was hit by the epidemic at the beginning of last year and its overall performance was sluggish, it has shown a strong recovery momentum since the middle of last year.

 

Scale effect reduces material cost: from the perspective of battery itself, battery cost can be divided into BOM cost and manufacturing cost, which account for more than 80% of the cost of power battery. Although the recent major battery companies encounter a sharp rise in raw materials, the cost goes up, but this is more just a short-term demand, and there is a certain degree of time difference between the upstream expansions, resulting in a short-term imbalance between supply and demand. In the long run, with the release of upstream production capacity, the tight supply situation has been eased. Under the large-scale effect of the whole industrial chain, the upstream material cost still has room to decline.

 

In addition, it is still a trend to reduce the proportion of rare and precious metals such as cobalt. For the battery industry, ternary battery still plays a leading role in the current power battery market. In 2020, the total installed capacity of China's power battery market will reach 64gwh, of which ternary batteries will account for nearly 65%. Cobalt, as one of the most important raw materials in ternary battery, can not only stabilize the layered structure of the material, but also improve the overall cycle and rate performance of the battery. However, on the other hand, as a rare metal, its total reserves are very low in the world, and more than 90% of cobalt in China depends on imports. In recent years, with the gradual expansion of the new energy market, its price is also high, limiting the decline of battery costs. However, in recent years, driven by cost reduction and getting rid of upstream resource dependence, the industry has gradually reduced the consumption of cobalt in batteries.

 

Process structure optimization: at the same time, in terms of battery structure, in recent years, major enterprises have paid more and more attention to the improvement of battery process, and have optimized the structure of battery pack die group, reducing unnecessary mechanical structure as far as possible, which not only improves the overall volume utilization of battery pack, but also reduces the cost of this part.

 

At present, the battery industry does have problems in the supply of upstream raw materials, and the rising price leads to the rising cost of some battery enterprises and limited capacity, but this is more short-term impact. In the long run, the downward trend of battery costs remains unchanged.

Pub Time : 2021-03-17 19:06:06 >> News list
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