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On the afternoon of April 11, the information conference of the China Association of Automobile Manufacturers was held
in Beijing.
At the meeting, Ma Xiaoli, deputy secretary-general of the China Automotive Power Battery Industry Innovation Alliance, released to the media the monthly data of new energy vehicle power batteries in March 2022 and a brief analysis
of the price increase of power battery raw materials.
In March, China's power battery sales totaled 24.
5GWh, a year-on-year increase of 175.
3%.
Among them, ternary battery sales were 11.
1GWh, a year-on-year increase of 160.
8%, accounting for 45.
4% of total sales; The sales of lithium iron phosphate batteries were 13.
3GWh, a year-on-year increase of 188.
5%, accounting for 54.
5%
of the total sales.
From January to March, the cumulative sales of power batteries in China reached 65.
0GWh, a year-on-year increase of 172.
6%.
Among them, the cumulative sales of ternary batteries were 27.
5GWh, a year-on-year increase of 116.
8%; The cumulative sales of lithium iron phosphate batteries were 37.
4GWh, a year-on-year increase of 235.
5%, higher than the overall growth rate of
the industry.
From January to March 2022, China's power battery installed volume accumulated 51.
3GWh, a year-on-year increase of 120.
7%.
Among them, the cumulative installed volume of ternary batteries was 21.
4GWh, accounting for 41.
6% of the total installed volume, a cumulative increase of 54.
5% year-on-year; The cumulative installed volume of lithium iron phosphate batteries was 29.
8GWh, accounting for 58.
2% of the total installed volume, a cumulative increase of 217.
9%
year-on-year.
The reasons for the rise in key materials of power batteries include: the price of lithium salt has risen sharply (many of which are malicious speculation), the tight supply and demand relationship of mineral resources and mainly relies on imports, and the large gap
between domestic and foreign lithium salt prices.
Recently, due to the rise in the price of key materials for power batteries, cost pressure has been transmitted from the downstream battery end of the material to the vehicle end, affecting the stable growth of
the automotive market in the future.
To this end, on the premise of ensuring the safety and stability of China's relevant industrial chain and supply chain, the China Association of Automobile Manufacturers suggests: 1.
Promote the price of upstream raw materials to return to rationality as soon as possible; 2.
Strengthen the connection between upstream and downstream supply and demand of the new energy vehicle industry chain; 3.
Ensure the supply of raw materials for medium and long-term power batteries; 4.
Accelerate the strategic layout
of state-owned capital.
On the afternoon of April 11, the information conference of the China Association of Automobile Manufacturers was held
in Beijing.
At the meeting, Ma Xiaoli, deputy secretary-general of the China Automotive Power Battery Industry Innovation Alliance, released to the media the monthly data of new energy vehicle power batteries in March 2022 and a brief analysis
of the price increase of power battery raw materials.
In March, China's power battery sales totaled 24.
5GWh, a year-on-year increase of 175.
3%.
Among them, ternary battery sales were 11.
1GWh, a year-on-year increase of 160.
8%, accounting for 45.
4% of total sales; The sales of lithium iron phosphate batteries were 13.
3GWh, a year-on-year increase of 188.
5%, accounting for 54.
5%
of the total sales.
From January to March, the cumulative sales of power batteries in China reached 65.
0GWh, a year-on-year increase of 172.
6%.
Among them, the cumulative sales of ternary batteries were 27.
5GWh, a year-on-year increase of 116.
8%; The cumulative sales of lithium iron phosphate batteries were 37.
4GWh, a year-on-year increase of 235.
5%, higher than the overall growth rate of
the industry.
From January to March 2022, China's power battery installed volume accumulated 51.
3GWh, a year-on-year increase of 120.
7%.
Among them, the cumulative installed volume of ternary batteries was 21.
4GWh, accounting for 41.
6% of the total installed volume, a cumulative increase of 54.
5% year-on-year; The cumulative installed volume of lithium iron phosphate batteries was 29.
8GWh, accounting for 58.
2% of the total installed volume, a cumulative increase of 217.
9%
year-on-year.
The reasons for the rise in key materials of power batteries include: the price of lithium salt has risen sharply (many of which are malicious speculation), the tight supply and demand relationship of mineral resources and mainly relies on imports, and the large gap
between domestic and foreign lithium salt prices.
Recently, due to the rise in the price of key materials for power batteries, cost pressure has been transmitted from the downstream battery end of the material to the vehicle end, affecting the stable growth of
the automotive market in the future.
To this end, on the premise of ensuring the safety and stability of China's relevant industrial chain and supply chain, the China Association of Automobile Manufacturers suggests: 1.
Promote the price of upstream raw materials to return to rationality as soon as possible; 2.
Strengthen the connection between upstream and downstream supply and demand of the new energy vehicle industry chain; 3.
Ensure the supply of raw materials for medium and long-term power batteries; 4.
Accelerate the strategic layout
of state-owned capital.
