Lithium battery market prices in China "depressed"

Yesterday, during the “2011 International New Energy Application and Battery Exhibition” sponsored by the China Battery Industry Association, Cao Guoqing, deputy secretary-general of the China Battery Industry Association, said in an interview that the current import volume of lithium batteries in China is higher than the export volume. Repeated construction of the battery is serious. At the same time, the price of lithium batteries is “deficient” and the market promotion is still more difficult.

According to the latest data, in the first eight months of this year, the total output value of China's battery industry was 3.52430 billion yuan, an increase of 49.4% year-on-year. The total output of the battery is over 25 billion, and the battery production and sales rate is 96.5%. Among them, the output of lithium batteries was 1.816 billion, an increase of 17.06% year-on-year.

Controversy over the current excess capacity of lithium batteries, Cao Guoqing believes that the current lithium battery industry capacity is not left, but the market price is "depressed", the most important industry issue is the promotion of lithium batteries is more difficult.

It is reported that price factors are one of the factors that plagued the promotion of lithium batteries. An industry source told reporters that the current price of lithium batteries is about 8 yuan per 9 Ah -9 yuan, about twice as expensive than lead-acid batteries.

It is understood that the current overall level of domestic lithium battery industry is in the primary development stage. With the large number of capital rushing in, repeated construction is serious. At the same time, due to the lack of a unified industry standard, the viewpoint of excess industry capacity has begun to spread.

"The current low level of industry repeated construction is serious, the key components rely on imports, the industry base has not been well." Cao Guoqing said that the entire lithium battery industry market is not mature, the next step requires the relevant departments to issue industry policies to regulate and governance.

In addition, the China Battery Industry Association expects that the price of electric vehicle batteries will show a declining trend in 2013, and the global lithium battery manufacturing capacity for electric vehicles will greatly exceed demand. At the same time, due to the reduction in battery production, the Association expects the country's total battery production this year to reach 37.537 billion, a year-on-year decrease of 0.8%.

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