echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > Chemical Technology > The blowout of new energy vehicles will exacerbate the shortage of lithium carbonate raw materials

    The blowout of new energy vehicles will exacerbate the shortage of lithium carbonate raw materials

    • Last Update: 2022-11-20
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    It is reported that from the fourth quarter of 2015, China's new energy vehicle lithium batteries have entered a new round of production
    .
    However, due to the lack of lithium carbonate required for lithium battery cathode materials, not only the lithium battery industry can not expand production, but also the output shrinks
    compared with the previous year.
    The situation is also expected to be difficult to improve
    in 2016.

    Lithium battery is the most critical component of new energy vehicles, after the start of downstream new energy vehicles, the lithium battery industry started to improve rapidly, and from May 2014, the industry began to expand production
    .
    According to the expansion construction period of about one and a half years, around October 2015, lithium battery manufacturers set off a new round of production tide, and it is expected that a large number of lithium battery companies will be put into production
    in 2016.
    It is estimated that this wave of new production capacity will more than 1 times
    .

    Downstream demand is strong, and upstream should make a lot of money, but lithium carbonate manufacturers are embarrassed
    .
    Lithium carbonate is the raw material of cathode material in power batteries, due to the insufficient supply of raw material lithium ore, some lithium carbonate manufacturers not only cannot expand production, but also cannot reach the design capacity
    .
    In November 2015, some large-scale lithium carbonate manufacturers that did not sign long-term orders had to stop production
    because they had no raw materials.
    An industry researcher pointed out that lithium carbonate production in 2015 shrank compared with 2014, and the overall gap was about
    13%.

    According to the "Energy-saving and New Energy Vehicle Industry Development Plan (2012-2020)", by 2020, China's new energy vehicles will reach 5 million
    .
    This is bound to promote the production enthusiasm of upstream and downstream enterprises, and will also aggravate the shortage of lithium carbonate raw materials
    .

    It is reported that from the fourth quarter of 2015, China's new energy vehicle lithium batteries have entered a new round of production
    .
    However, due to the lack of lithium carbonate required for lithium battery cathode materials, not only the lithium battery industry can not expand production, but also the output shrinks
    compared with the previous year.
    The situation is also expected to be difficult to improve
    in 2016.

    Lithium carbonate

    Lithium battery is the most critical component of new energy vehicles, after the start of downstream new energy vehicles, the lithium battery industry started to improve rapidly, and from May 2014, the industry began to expand production
    .
    According to the expansion construction period of about one and a half years, around October 2015, lithium battery manufacturers set off a new round of production tide, and it is expected that a large number of lithium battery companies will be put into production
    in 2016.
    It is estimated that this wave of new production capacity will more than 1 times
    .

    Downstream demand is strong, and upstream should make a lot of money, but lithium carbonate manufacturers are embarrassed
    .
    Lithium carbonate is the raw material of cathode material in power batteries, due to the insufficient supply of raw material lithium ore, some lithium carbonate manufacturers not only cannot expand production, but also cannot reach the design capacity
    .
    In November 2015, some large-scale lithium carbonate manufacturers that did not sign long-term orders had to stop production
    because they had no raw materials.
    An industry researcher pointed out that lithium carbonate production in 2015 shrank compared with 2014, and the overall gap was about
    13%.

    According to the "Energy-saving and New Energy Vehicle Industry Development Plan (2012-2020)", by 2020, China's new energy vehicles will reach 5 million
    .
    This is bound to promote the production enthusiasm of upstream and downstream enterprises, and will also aggravate the shortage of lithium carbonate raw materials
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.