In May-June, 2016, there was a hot
investment in the Chinese Li-ion battery industry. Meanwhile, at least 5 listed
companies have announced their plans of production expansion, private placement
and enterprise acquisition, namely Guoxuan High-tech Co., Ltd. (Guoxuan
High-Tech), Ningbo Shanshan Co., Ltd. (Ningbo Shanshan), Zhejiang Qianjiang
Motorcycle Co., Ltd. (Qianjiang Motorcycle), Zhejiang Narada Power Source Co.,
Ltd. (Narada), and Guangdong Tonze Electric Co., Ltd. (Guangdong Tonze).
Source: Internet
On 4 May, 2016, Guoxuan High-Tech announced
that its 3rd-phase 350 MAh/a ternary Li-ion battery project in Hefei City,
Anhui Province and its 300 MAh/a ternary Li-ion battery project in Laixi of
Qingdao City, Shandong Province will formally go into production in Q3 2016
On 6 May, 2016, Ningbo Shanshan planned to
raise <= USD523.61 million (RMB3.45 billion) for its projects of Li-ion
battery and alternative energy vehicle
On 13 June, 2016, Qianjiang Motorcycle said
that it was expanding its production capacity of Li-ion battery, aiming to
transform and upgrade its business of motorcycle manufacturing to the
integrated businesses of high-end large-displacement motorcycles and Li-ion
battery, etc.
On 14 June, 2016, Narada announced its plan
of investing USD270.15 million (RMB1.78 billion) in constructing power Li-ion
battery project. After the construction, the company's total capacity of Li-ion
battery will reach 3,500 MWh/a, including 1,600 MWh/a of ternary Li-ion battery
and 1,900 MWh/a of lithium ferric phosphate battery
On 15 June, 2016, Guangdong Tonze announced
its preliminary plan of purchasing the 100% of shares in Jiangsu Xintai
Materials Technology Co., Ltd., a company engaged in the R&D, production
and sales of lithium hexafluorophosphate, with a consideration of USD409.78
million (RMB2.7 billion)
The great enthusiasm of investment in the
Chinese Li-ion battery industry was mainly generated from the sustained and
rapid development of the alternative energy vehicle market.
According to the China Association of Automobile Manufacturers, in Jan.-May
2016, the domestic output of alternative energy vehicle grew by 131.4% YoY to
132,000, and the sales volume grew by 134.1% YoY to 126,000.
The sharp increase in sales volume has stimulated demand for power Li-ion
batteries. China Industrial Association of Power Sources estimated that the
domestic demand for power Li-ion battery will reach 32GWh by the end of 2016.
Kang Yun, Market director of Guoxuan High-Tech, predicted that in 2016 there
would likely be structural surplus in the Chinese power Li-ion battery market,
which means short supply of high-end products and oversupply of low-end
products.
It is worth mentioning that enterprises failing to meet the Vehicle Power
Battery Industry Standards of China will probably lose lots of orders, as their
product users will not be granted national subsidy.
This article comes from China Li-ion Battery E-News 1606, CCM
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Tag: Li-ion battery